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Updated almost 6 years ago,
From 2 to 10 by Year End - am I crazy?
I'm relatively new to RE investing. I purchased 2 SFH's last year and they are doing relatively well. I initially thought it would strictly be passive, but I've got the bug! And like anything else in my life, I go ALL in. I've done countless hours of reading, researching, etc. and now I'm ready to pull the trigger. My initial goal is 10 by the end of the year. I'm looking to stay cash flowing each property north of $300 while keeping the price south of $80k. Difficult but not impossible given my other two's experience. Obviously there just isn't an abundance of these deals out there. I'm looking at a potential BRRRR deal and considering a direct mail campaign. What's everyone's thoughts and potential other strategic ideas to help me reach my goal? I appreciate the conversation!