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Updated over 7 years ago on . Most recent reply

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11
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Bryan Sullivan
  • Real Estate Agent
  • Ellicott City, MD
1
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11
Posts

Creating a lot out of a little

Bryan Sullivan
  • Real Estate Agent
  • Ellicott City, MD
Posted

If you are starting out in rentals but would like to double the amount of properties every year, how would you do that?  Me and an investment partner are about to have our first rental. We want to double the amount of rentals we have the following year and have a total of 3 rentals. Our first rental, in the best case scenario will only allow us to buy another property in 3 years. What is your advice? I would love to hear your stories.

  • Bryan Sullivan
  • Most Popular Reply

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    13,411
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    Joe Villeneuve
    #5 All Forums Contributor
    • Plymouth, MI
    19,447
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    Joe Villeneuve
    #5 All Forums Contributor
    • Plymouth, MI
    Replied
    Originally posted by @Aaron Cullen:

    @Joe Villeneuve you never stated the 2nd Golden Rule...

     Sorry.  What's Golden Rule #2?  Never under any circumstances, for an reason or rationalization, ever...forget Golden Rule #1

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