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Updated almost 2 years ago on . Most recent reply

User Stats

6
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7
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Brandon King
  • Rental Property Investor
  • Temple, TX
7
Votes |
6
Posts

Scaling and relationship building

Brandon King
  • Rental Property Investor
  • Temple, TX
Posted

Listening to all these podcasts I'm just amazed with how some people are talking about how quickly they scale within the first year or two after purchasing their first STR. I'm looking for expertise on how people scale so quickly. I have two LTRs and one STR (The STR is doing outstanding primarily thanks to how I built out the listing from looking at forums to reading books ECT) and my funds are depleted. It seems like a really long road without finding additional partners and/ or another way to accumulate cash. I understand the general concept of how people find investors though i.e. building relationships. I think its easier said than done however unless I can do it digitally or maybe I am just missing something in the link.

           My initial thinking is getting more active in the forums and buy some lunch for BP members in my area. Does anyone have any advice on this subject? Scaling and relationship building. Thank you all.

Most Popular Reply

User Stats

1,217
Posts
1,270
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Zach Edelman
  • Lender
  • Austin, TX
1,270
Votes |
1,217
Posts
Zach Edelman
  • Lender
  • Austin, TX
Replied

2 things here:

1) Attending conferences would be a tremendous idea. Although at times they can be expensive, they can provide life changing experiences and have the potential to seriously alter (for your benefit) the course of your investment journey. 

2) Echoing others points here, DSCR loans could a great option for you to continue scaling your portfolio.

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