Buy and Hold

[Eddie Gonzalez]

Good morning BP family,

I have been investing in real estate slowly for the last year and currently own two properties with two units each for rent. They currently produce positive cash flow and i have gained a good amount of equity just by buying under market value. My strategy has been to buy single family homes which already have an ADU in them or room to build one or put an RV in the back to rent. I am looking at purchasing another one of these properties which fits the description above. The home is well under market value, and has been occupied for the last 2 years by the same tenants. My goal is to acquire 10 properties in the next 5-10 years and have enough equity in these properties to refinance, quit my job and utilize that money for fix and flips as. Is anyone out there using a similar strategy and has it worked for you guys?