Setting Achievable Goals

[Mwazomela Thurmond]

If you had to start your real estate investing career off from scratch, with owning just your primary residence, what steps would you take to go from zero to 10 investment properties in today's market?

Let me know if you'd pick house hacking, BRRR, Fix & Flip, or even use a HELOC with today's interest rates and please tell me why.

[Eliott Elias]

I would buy multifamily. 

[Chris Seveney]

@Mwazomela Mbewe

Depends on the person, time and location.

House hacking I would view as the least risky since you could afford the home and are reducing payment by renting areas of house

If you are single that’s the way I would go / if you are with someone and have children then that’s probably not an option

BRRRR I would do over flips as flips right now are volatile with construction pricing, housing pricing and time.

I would say take your time whatever you do and try not to bite off more than you can chew

[Don Konipol]

Quote from @Mwazomela Thurmond:

If you had to start your real estate investing career off from scratch, with owning just your primary residence, what steps would you take to go from zero to 10 investment properties in today's market?

Let me know if you'd pick house hacking, BRRR, Fix & Flip, or even use a HELOC with today's interest rates and please tell me why.

I would learn all I can about commercial property and not limit myself to SFR.  

[Adam Macias]

I'd always stick with wholesaling in the beginning because without the ability to source deals, strategies don't matter in my opinion. Plus, if we're talking starting out in terms of coming from a W-2 job and being paycheck to paycheck like I did, yes wholesaling is the way.

The most important factor everyone cares about is how to find deals. They'll study SubTo, BRRR, Fix And Flip, STR, MTR, all this stuff but if you can't source a deal none of it matters in my opinion. Just in time learning vs just in case learning.

Everyone is different though. I love control of the deal. I love being the one people come to for a deal or I can cherry pick which ones I'd like to keep depending on the exit strategy that can be done with the deal.