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S#5 851 Wilson Way, Telluride 81435, with 6 bedrooms, 8.5 baths, 12,452 sq.ft. on 35 acres is listed for $39,100, Diego Real Estate Flash Report

from I Am 1 Percent

How I Start In Rental Property and How You Can Too

This was 2006 and the real estate market was still hot. This is how I was able to start in rental property! I crunched the numbers and figured out that the rental income would more than cover my mortgage, insurance, association fees, and repairs. We also had enough money for a 10% down-payment for a new home so we didn't need to sell the townhouse to buy a new home.