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Updated over 3 years ago on . Most recent reply

Best steps to take towards financial freedom in my situation?
Hey everyone, I’m very new to Biggerpockets, but love that there is such a huge network of experienced/aspiring investors.
A little bit of background, I’m an accountant, and I have 1 rental property. I have $100,000 liquid that I want to invest in Air b n b and get as close to my “financial freedom” number of $4500 cash flow. I live in a small town population around 20,000.
My question is if you were to recommend a market or path that I should take to get as close to my goal as possible wht would you do? Buy the biggest nicest property? Or a couple of properties? I want to take advantage of the secondary home loan, and look in markets like Naples Florida, Austin Texas, or even Brandon Mo.
In your opinion, is that $100k going to get me close to that goal? If not, how much more capital would I need?
Most Popular Reply

- Investor
- Greer, SC
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I get my best returns from acquiring houses via tax lien sales. I then turn these mortgage free properties into long term rentals. Most are these are bringing in $1000 in rent.