Come along with me as I strive to be financially free in 5 years
About Me
Rachael
I am 49, divorced and live near Chicago but in the suburbs. I basically lost everything (prior rentals and retirement due to some legal issues w my ex and market downturn) so I started over w basically nothing as of 2012--better and wiser and in a HURRY to make things up. I set a goal to have $3,000 monthly cash flow in 5 years and all rental property I bought paid off. I went back to work 8/2012 and bought 6 homes and 2 (3) units. I then paid cash for another 3 rental homes (no debt) and did a contract sale for a 2 flat. I have a total of 9 homes, (2) 3 units, and (2) 2 flats now paid off. I met my 5 year goal in November of 2018 (exceeded it with monthly cash flow between $7-8000) and will be setting new goals here shortly*
FINANCIAL GOALS FOR End of Year 2019
**pending**
Debt:
Personal Home: $319,000
Personal House fix up: $193,000