How to acquire 20 rental properties in one year

[Jeff Plair]

This is a question that came to my mind earlier today and I know that it's possible but I want to see what is the best and fastest way to acquire 20 rental properties in one year?

[Shane Pearlman]

Doors or even buildings doesn't mean all that much without context. For me it was a question of the outcome. I was looking to create an asset base that would allow my wife and I a specific lifestyle. As a business owner who didn't have any formal retirement plan or some large corporation matching in a 401k, the strategy was up to us. We started with a simple plan. We needed 140k a year after taxes. I sat down with what I knew (3br houses in Santa Cruz, CA) and figured that if I could repeat my 1st success, it would take 12 of them with the right circumstances to achieve the goal. So I set out to acquire the right 12. By the time I bought my third, I learned enough to realize that there were significant obstacles to acquiring 12 (mortgage among others), but that getting the 12 wasn't the goal, the asset / cashflow base was. So we pivoted and began acquiring multi-res. It took 7 years to have 10 doors and it is quite likely we will be around 20 this year.

My point is, 1 property, 20 properties or 200 properties doesn't mean much. A more practical question might be, considering the following working capital + experience + relationships, how do I get the following outcome (money / time ...).