Starting Out
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago on . Most recent reply
![Allyssa McCleery's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/751064/1621496653-avatar-allyssam.jpg?twic=v1/output=image/crop=1374x1374@0x397/cover=128x128&v=2)
20k to start, and 20k a year saving, what are my options?
I am new to the real estate world and my current situation is as follows: I have 20k currently saved and am expecting to save another 8-10k by the beginning the end of May. I project that I will be able to save roughly 20k-25k a year for the next 3-4 years and then I would be switching jobs in which I would not be able to save as much (I want to teach in an elementary school). I currently live in West Palm Beach but have the ability to invest in Columbus, OH (where I am from) if the cash flow is better. My goal is to buy enough rentals and hold them to generate 3k/month net income with the rentals before I switch jobs. What are some strategies that would enable me to be able to buy 3 properties a year with the kind of money I have?
Most Popular Reply
![Allyssa McCleery's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/751064/1621496653-avatar-allyssam.jpg?twic=v1/output=image/crop=1374x1374@0x397/cover=128x128&v=2)
@Robert Ellis my hope is that as I continue onward I will be able to buy properties for less than 20% down, exploring my finance options as much as possible. I am definitely interested in buying MFH in Columbus but starting out I will buy here in West Palm. Thank you for your post I really appreciate the advice!