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Updated about 8 years ago, 09/07/2016

User Stats

241
Posts
85
Votes
Garrett Diegel
Pro Member
  • Rental Property Investor
  • Nevada
85
Votes |
241
Posts

All I Want To Do Is - BUY AND HOLD!!!

Garrett Diegel
Pro Member
  • Rental Property Investor
  • Nevada
Posted

We have started out journey toward REI freedom. After hours of talking and thinking through our goals and how we want to live our lives. Buy and Hold keeps coming to the forefront. I have a steady income through another business that I enjoy and will not be leaving anytime soon so income replacement is not an issue and I surely don't need another job as a flipper or wholesaler. Our buy and hold strategy is purely for income supplementation and to leverage into additional buy and hold strategies. Every extra dollar brought in from the property will be funneled into purchasing another prop. My question is : What is the best way to ramp up this strategy? Outside of saving up for downs of 10-20% prior to looking for another property is the BRRR strategy the best option due to its debt leverage? Help me get prepared to reach our goal of 5 properties in 2017!!!!

  • Garrett Diegel
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