Scott started buying rentals while working his W-2 job. His company had some management changes and he ended up getting laid off. At first he was stressed out, but then he realized he was going to be okay because of his rental income.
On this episode we talk about how Scott has found a lot of success buying lower cost affordable housing rentals.
We also talk about why lower cost properties are less risky than more expensive properties, and we look at one of his deals that didn't work out.
Scott shares the numbers for his entire portfolio including his total monthly rent, mortgage payment, other expenses, and his monthly profit.