What would you do…………………………………………………………………?

[Greg Schreffler]

Knowing what you know now, what would you focus on if you were late to the real estate investing word (chronologically speaking)?

Youth is not on your side. You’re now 54.  At this age what real estate investing strategy would you focus on first & why?

Many thanks!

[Brad Jacobson]

If you're 54 and say, you'd like to retire at 65 with a healthy real estate portfolio, I would recommend working to acquire ten doors (3-5 small multifamily properties would be my favorite) by age 60.  Then, sit on all ten doors until you're 65 using the cashflow to pay down the mortgages.  Once 65, sell off the five doors that you like least and use those proceeds to try and pay off the five you like most.

Owning five doors free and clear in Atlanta should net a gross $7,500/month.  You could plan to keep at least $5,000/month if they're paid off.  

This is what I am laser focused on, just shooting to acquire 20 so I can own 10 free and clear.

Good luck!