Search results

I had a mortgage free PPOR once. Then I decided to use the equity and bought more properties.Now my "job"basically pays my mortgage (takes 75% of my take home pay). I only make 28K a year,but 100K+ in rent.

1.Ages, me 46, Rob 42 2.Job, me factory worker, Rob manages our IP's 3. Wages, me $28K, Rob $0. Net rental income $102K year 4.Married. We have 4 kids,22,18,17,15 5.4 IP's with a total of 14 units,in process of purchasing another property to renovate into 12 units.