The Economic Times

Florida couple bought 3 condos for $360,000 and now collects $4,530 a month in rent: How they built a 'very healthy' rental portfolio

A couple in Florida bought three occupied condos for $360,000 in 2022, and the properties now generate $4,530 a month in rent. He shared how he financed it and turned it into a cash-flowing asset, calling the portfolio 'very healthy'. He said tenants have effectively paid down about $30,041 of the mortgage, or around 12%, over roughly four years.