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Updated over 2 years ago, 04/23/2022
Advice on how to acquire 2-4 cash flowing properties each year?
Hi BiggerPockets Community,
I'm a newbie investor who lives in a very expensive market here in NY and has a full-time job. I've recently bought a SFH turnkey property from out of state last year just to get into the RE game since I've been stuck into analysis paralysis. But lately, I've been thinking that I wanted to do more than just investing on TK properties and had recently set a goal to acquire at least 2 cash flowing properties each year. The only problem is that I'm not so sure how's I'm going to do that or what to do next. You see, I'm a very disciplined and persistent person. If I could only get a clear idea of what to do next or what I should be doing now, I know that I will stick to it until I get my desired result, as long as I know that what I'm doing is bringing me a little closer to where I'd like to be in the future, which is financial freedom just like everybody else. I'm open to the idea of both active and passive investing, I just really need some guidance.
Would you care to share some of your knowledge or experiences when you were just starting out, and was probably on the same boat as I am now? What did you end up doing that made you successful now? What would you suggest that I do next if you were me? Your advice, knowledge and experiences are much appreciated! Thank you so much in advance!