My Best Rental Property of 2024 Made $13,926 (27% Return!)

Send us Fan MailTurning $50,000 into a 27% annual return might sound like an investment fantasy, but that's exactly what happened with my best-performing property of 2024. Join me, Cole – airline pilot, military instructor, and part-time real estate investor – as I pull back the curtain on a four-unit brick building that's defying expectations and generating substantial passive income.The numbers tell an impressive story: $47,311 in total rental income for the year, with $13,926.56 hitting my bank account after all expenses, taxes, insurance, and mortgage payments. What makes this even more remarkable is that this performance came despite an eviction and while using a property management company to handle day-to-day operations. This is real estate investing that truly works alongside a demanding career – not competing with it.I walk through every financial detail, from my initial $50,000 investment on this $265,000 property to its current valuation around $350,000. Looking ahead, I also address the looming challenge of an adjustable-rate mortgage reset that will test this property's resilience. Whether you're just starting your investment journey or looking to expand your portfolio, this detailed breakdown offers valuable insights into multi-family investing that works for busy professionals. The path from my first single-family flip to this cash-flowing brick building shows that successful real estate investing is accessible even without millions in capital or quitting your day job. Ready to see how strategic property selection can transform your financial future? This episode is your blueprint.Subscribe for my next video where I'll reveal my worst-performing property of 2024 – a stark contrast that highlights the critical lessons every investor needs to learn.