I wanted to accumulate a net worth of 1 million in properties. My strategy is to get 5 properties with good rental yield (8% and above). I will be living in one of this property. So if one property is average 200K, 5 property will be 1 million.
What If You Lose Your Job?
We should have some backup funds for emergency purpose. Nowadays Most of peoples financial situation doesnt even allow them to live for 1 single month if they lose their job. You may think this is not necessary, but wait till you get hit.