Strategies you are using towards your retirement

[Jacob Thompson]

Evening all,

I am completely new to the game of REI. I have aspirations of quitting my day job one day and living off my investments, hopefully riding into retirement one day from it.

My question to you today is what is the strategy or process most REI go after in order to achieve their early retirement/financial freedom from working their 9-5?

Thanks in advance!

[Frank Procopio]

I think you need to incorporate as many strategies as possible and constantly evolve with the market. For example the market has been hot right now so my personal strategy has been to get as many doors as possible with my cash. I have done this by finding as many seller finance deals as possible. I typically like the seller to hold for 3-5 years. I use my cash for the initial purchase and then let the rental income pay down the principal. Then in 5 years I have equity and options. But 5 years ago inventory was plentiful so the brrr method worked well for me.