One of our customers bought two properties in Davenport. So far, regular story!
Each property has two units, a 1 bedroom/1bath home and a 3/2 home.
The small units rent for $850/month, the big units for $1400/month.
That makes $4500 a month in gross rental income.
With all expenses taken he still makes $3200/month!!
The best part, both properties together were bought for $364K.
Buying, selling and long term property management –> we create wealth.