How many properties a year should you buy?
Answer: As many as you can. Then repeat.
My goal for this year is to buy 6 properties, each one cash positive. Half for cash, and the other mortgaged over 5 years. I know that the cash flow from all 6 will be good. The cash owned properties will bring me fantastic monthly profit, at least £250 a month. The other 3 around £100 a month.
In 5 years time I will own them all outright, thats 6 *£250 (minimum) = £1500 a month. Not bad eh!
For those who don’t know, I own property here in the UK as well from when times were good. When I get the chance to sell them, I’ll be spending my profits on buying more proprty in the USA as well.