Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 11 years ago on . Most recent reply

User Stats

23
Posts
4
Votes
William Baptist
  • El Paso, TX
4
Votes |
23
Posts

Getting started: Analyze My Plan

William Baptist
  • El Paso, TX
Posted
Hello everyone I am about to jump in and get wet. But, I have one question first. My plan is to invest $20k/yr to start my real estate business. My objective is to purchase a four-plex (that's generating $100/mth per unit) the first year and then a single family unit the following year and continue this cycle for next eight years. Is this too much? suggestions?

Most Popular Reply

User Stats

13,324
Posts
3,946
Votes
Brandon Turner
#3 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
3,946
Votes |
13,324
Posts
Brandon Turner
#3 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
Replied

Hey @William Baptist nah, sounds pretty good to me! Just make sure you get a killer good deal. Here are a couple articles you might especially enjoy:

How to Make a Million Dollars from Real Estate

How to Buy a Small Multifamily Property

Hope that helps! Welcome to the community, and don't forget to add a photo!

  • Brandon Turner
  • Podcast Guest on Show #92
  • Loading replies...