Apartment Insurance: A Beginner's Guide to Renters Insurance
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How to live rent-free?!?! The Setup: • Bad credit ✓ • No apartment knowledge ✓ • $2,000 down (really $1,000) ✓ • Owner land contract (no bank needed) ✓ The Numbers: • Upstairs rent: $500 • Sister niece downstairs: $200 • Total income: $700 • Mortgage: $700 • My rent: $0 I felt like Rick James: "I'm rich b*tch!" Then I scaled: • Bought two 4-families • They paid my car note insurance • $1,600/month passive income • Still had my W2 job The feeling: Notorious B.I.G. - "Condo paid for, no car paymen
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