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Real Estate
Reply to "Second Homes and Coworkers"
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[quote=Anonymous]My first cousin who dresses like it is the 1980s and thinks Applebees is fancy food never talks about money. But back in the 1990s she got into real estate and she is an IT person with an MBA she started researching when data not as easy today up and coming places. For instance around Microsoft headquarters she target around 1995. She would fly in and buy houses. I recall on one single day once she bought 10. She had a huge line of credit with bank to buy homes for rentals. She then moved on to other states. I think she around 900 and she stopped buying for good around 2017. I have no clue what happens to all those houses, all the early ones have no mortgage and later ones refinanced in 2020-2021 she has three kids I guess she gives each kid 300 houses. I thought she was nuts. But she kept buying homes for 25 years at a huge clip. She was like a fat guy at a free buffet in 2009-2012 So you never know. You could be bragging to my cousin who will just never mention she has that many homes [/quote]
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