Exactly how dad made use of smart property option to get sixteen properties and you will $426k a year money
An enthusiastic Aussie dad features mutual the brand new alarming method he received a good portfolio from 16 qualities worth in the $nine.3m more merely four years without become tucked indebted.
They manager Mahesh Kumar, 42, possess attributes during the several claims and you will to each other it pouch your almost $426,000 a-year in disgusting local rental earnings.
The brand new large rents help his mortgage payments and, along with huge collateral growth for the his commands, mean he uses nothing off their income on maintenance the brand new $4.9m obligations he holds facing his attributes.
Mr Kumar told you the basis of your method you to definitely welcome him to achieve these resource goals are concentrating on qualities nobody otherwise wants. ادامه مطلب