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Updated over 6 years ago on . Most recent reply

User Stats

413
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348
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Joe M.
  • Erie, PA
348
Votes |
413
Posts

How did you go from 1 to 2?

Joe M.
  • Erie, PA
Posted

Recently got my first tenant in my first rental....not going to lie it feels pretty good so far lol

My question for BP members, how did you go from 1 to 2 properties?

How long did you wait before you bought another?  Did you use equity for a loan? What worked for you? What didnt work?  

Kind of just an open ended question for the members out there 

Most Popular Reply

User Stats

349
Posts
418
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Dave G.
  • Investor
  • Phoenix, AZ
418
Votes |
349
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Dave G.
  • Investor
  • Phoenix, AZ
Replied

@Joe M.

Answer - same way you went from 0 to 1 property. 

Only it should be easier (and maybe faster) because you now have experience and a team (initial team at least) in-place with broker, title company, inspector, prop manager, etc. 

Congrats BTW on getting to 1. Many "investors" can never get to pulling the trigger on the first deal.

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