I could sell all of the houses and retire, yeah. Especially the poor performing ones, after accounting for the mortgage I am in the red on two of them every month. I don't know if I expect property prices to appreciate in Seattle as we're flooding the market with housing and in the US we're having some unstable demographic shifts so I try to select properties that perform well on day 1, going forward.
Yes, my family also asks me how I do it. I am just working constantly, from sunup to sundown; pretty much 7 days a week. I don't always do a perfect job juggling the responsibilities but I do my best and I think 99-100% of my tenants would say they're enjoying the accommodations; and I think my manager would say my performance is good. Hoping I can get married and start a family soon and at that point I think hiring a property manager would be the correct move. But I have a very high amount of resilience to stress and being upset so being consistently under pressure isn't too much of a problem for me personally.
Also keep in mind there are certain types of tenants that are lower maintenance than others, so proper tenant selection is important.
Yes, my family also asks me how I do it. I am just working constantly, from sunup to sundown; pretty much 7 days a week. I don't always do a perfect job juggling the responsibilities but I do my best and I think 99-100% of my tenants would say they're enjoying the accommodations; and I think my manager would say my performance is good. Hoping I can get married and start a family soon and at that point I think hiring a property manager would be the correct move. But I have a very high amount of resilience to stress and being upset so being consistently under pressure isn't too much of a problem for me personally.
Also keep in mind there are certain types of tenants that are lower maintenance than others, so proper tenant selection is important.