Quote:
Originally Posted by hunting4?
I bought 19 properties prior to 2005. They all doubled and then dropped a bit in value.
We have had good and bad times with tenants.
Have 6 left and 4 are paid off. But along the way it paid off our house and all our vehicles. Paid for many trips with the kids and affords us a little better quality of life.
When I retire in 7 years we will have a monthly income of around 7K a month. Regardless of what kind of work I choose or not choose to do when I grow up and find a real job.
Started all of this with $30000.00
It has not always been a bed of roses. But in the long run it has done better than my RRSP's after fee's that's for sure.
I am looking for property now but it would have to be a pre forclosure or something because no way I am paying today's prices.
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Congrats. Glad you have done well