On this episode of the Rental Income Podcast, we talk about how Jim started with just a little bit of money and bought a 4 unit building. The rent from 3 of the units covered the mortgage, and he lived for free.
He then did the same thing with a second building.
Today the cash flow from his 8 tenants pays his mortgage at the house he lives in (without tenants). On this episode, we go over the numbers and talk about some of the challenges that he's had along the way.
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