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Updated over 2 years ago on .
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Building fourplexes for passive income & financial freedom
Hello, my name is Julio Ochoa and I'm an investor/developer in Northern California.
Financial freedom in real estate is created by investing capital in a long-term cash-flowing asset.
However, you may not have enough capital for that. So how do you grow your capital?
Try buying land, building housing, renting it out, refinancing the property and repeating the process.
This means you're:
- buying land at a great value in populated/traveled areas
- not worrying about any repairs/maintenance for the property
- massively adding value by building a highly-demanded product (can even 2x-3x income using Airbnb)
- 4 units means you have enough income from the units to cover the expenses of ownership, so building equity while earning passive income
- not leaving your capital stuck in a property, so growing your capital and building wealth will be done in a timely manner (2-5 years)
If you have any questions about what I have mentioned leave a reply or send me a message!
Thanks for reading!