I currently have 13 mortgages that I am paying down.  Now, it may seem that my personal finances are in a sad state, but to be completely honest, I am not using my own money to pay for any of them.

The house I currently live in is paid for .  The 13 mortgages I have are all for rental properties, which I will one day own.  Although I am not making much in-pocket money at the moment on these rentals, the mortgages are being paid by the tenants: with the profits also paying for my car insurance.

Some people think I am angry because it is an awful lot of work, but they don’t look at the big picture.  In ten or fifteen years when all 13 mortgages are paid off, I will have a lot of in-pocket money.  I will also have a lot of free time on my hands to enjoy the money.

So, it may seem like it is not the smartest financial situation to be in, but in the end I will be having the last laugh.