A quick test to see if the monthly rent equals at least 1% of the purchase price.
But the location was perfect. It was three blocks from a brand-new light rail station. buying a multifamily investment property
At thirty-two, he was standing in the cramped, yellow-tiled kitchen of Unit 3B. It was the top floor of a neglected 1920s brick triplex. He wasn't looking at the peeling linoleum or the avocado-green stove. He was looking at his future. A quick test to see if the monthly
He was no longer just a guy with a tech job. He was a landlord. He was an investor. At thirty-two, he was standing in the cramped,
Six months earlier, Leo had naively walked into a broker's office with dreams of a turnkey, pristine building in a trendy neighborhood.
Today was closing day. Leo stood in the vacant kitchen of Unit 3B, holding a heavy ring with six brass keys.
Leo had spent three years living like a monk, saving every bonus from his software sales job and analyzing hundreds of spreadsheets. He didn’t want a single-family home. He wanted a multifamily property—an investment where other people's rent would pay his mortgage.