Fastest and safest way to grow from 10 Units to 100 Units?

[Rob Chiang]

Question: Fastest and safest way to grow from 10 Units to 100 Units?

Please put your take on how to GROW a buy and hold portfolio 10x.

[Shiloh Lundahl]

@Rob Chiang This year my business partner and I did pretty much exactly what @Brandon Hicks described. We purchased 16 buy and holds, rehabbed them, and then refinanced them through a small local bank in Phoenix, Arizona. So far we have rented out 8 of the 16 to end buyers with lease options. We have 4 more on the market and we have 4 more in the stages of rehab. 

So far this model is projected to create over 400k equity and cash flow for each of us over the next 5 years. We have about 120k of our own money into the deal that we are planning to get back out by selling 5 5-year second position performing notes at 11-12%. This way we will be able to get all of our money back out of the deals and we can get a passive investor a good rate of return.

We plan to follow this model for the next few years up to around 70 units. In 5 years we should have some people exercising their opinions which we will probably 1031 exchange into larger deals. That is how we plan to scale up over the next few years.