I'm assuming that the renters are paying the mortgage on those properties, so at... | Hacker News

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zdw on May 20, 2011 | parent | context | favorite | on: Ask HN: How much recurring income do you generate,...

I'm assuming that the renters are paying the mortgage on those properties, so at the end you'll have a fair bit of equity in them.

gonepostal on May 20, 2011 [–]

Yup the renters are paying down the mortgage as we speak. The beautiful thing is as you accumulate more/larger rentals the income just keeps on building on itself.

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