Getting Started - Strategies

[Karla Prado]

Hello BP Community,

My boyfriend & I are actively looking for our first investment property, specifically a small multi-unit home to house hack. We have spent the last year educating ourselves, practicing property analysis, doing market research, getting required documents & forms prepared, etc. Recently, we have been thinking of what our strategy will be going forward after we purchase our first property & get ready for the second. Our goal is to be financially independent in 10-15 years & solely work on our properties.

We were wondering to hear how other investors got started & what strategies (debt snowball, trade-up, short-term/long-term hold, BRRRR, etc.) have you taken to grow your portfolios? Also, are there any tips or advice you would give to someone just starting out? 🤓

Thank you for your time & input. We greatly appreciate!!