Seth Jones built a 10-property real estate portfolio in Florida and South Carolina over nearly a decade, following a strict 1% rule for rental income. He and his wife lived frugally to save for properties, but as the COVID-era housing boom shifted towards speculation, Jones sold all 10 properties between 2019 and 2023.

Jones felt uneasy as the housing market changed, moving his investments into a diversified portfolio instead of buying more real estate. Despite criticism, he has no regrets, stating his decision has relieved him of external worries and simplified his life. The 1% rule guided his confident decisions in real estate investing.

Jones’ decision to sell off his properties was motivated by the changing market dynamics and a desire for financial security. While some may disagree with his choice, Jones feels vindicated and relieved from the stresses of being a landlord. His disciplined approach to real estate investing has brought him peace of mind.

Read more at Yahoo Finance: He Walked Away From 10 Booming Properties At The Peak Of The Market. ‘People Tell Me I’m An Idiot,’ Says The Real Estate Investor