Most people freak out when they hear about how many properties we are investors in (over 30 at my last count, but it keeps going up). They immediately think there is no way that they could ever do what we do. The truth is we all start somewhere. We didn’t start with all of the property that we have now! We started with one, just one. We developed a system that worked for us for the next several years until we built up to five properties, and that’s when we found that the system we were using before wasn’t working quite as well on a bigger scale, so we changed the system. We brought other people in and created a property group, and that’s how we created Top Shelf Properties. It wasn’t a perfect system, and there are a few things we wish that we would have done differently. However, overall working with others in a group has been one of the best things for our family. Top Shelf is where the majority of our property is held, but we still have seven units of our own, and Brad has several that he owns with another business partner of his. Sometimes, when we try to convince people to do what we do, they get overwhelmed. If you have even one rental it can make a big impact on your finances. Our first house had two apartments (which was a garage at one time that had been converted) in the back that we rented out; the rental income covered our mortgage, taxes, and insurance on our house. So we didn’t have a mortgage payment. A mortgage payment is most families’ biggest expense. Imagine if you didn’t have a mortgage payment and it only took a couple of hours a month. That’s awesome! What if you bought a duplex and lived in one side and rented out the other? That could also pay for where you live. Begin looking around and seeing things in a different light. You don’t have to have as much property as we have to make it worth it.
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