Once i have 10 properties that each generate $1k per month, then I would pay them off as soon as I can.

Whatever list you generate, you need to get it skip traced (matched to phone numbers).

Give yourself 10 years of doing this if you’re patient enough, and you’ll create generational wealth and can retire early.

 How much generational wealth will you build ? 

The primary goal is to protect the owner’s investment, maintain property value, and ensure a steady cash flow.Why Property Management MattersMaximizing Income: One of the key goals of property management is to ensure that the property is generating the highest possible return on investment (ROI).

So I am familiar with soflo.One strategy I am trying to implement is The 4-3-2-1 Strategy:Start with a 4-unit property: Live in one unit, rent out the others to cover your mortgage and expenses.Repeat with 3-unit, 2-unit, and attain your dream home last (1 unit property)After 12 months of living in each property, consider a cash out refinance to use equity for improvements or further investments, if beneficial for you.Build a real estate portfolio of 10 rental units in a 3 year span while generating rental income.

But here are some really interesting numbers...Ok so this one doesn't look too bad but notice how much more the townhouses and condos dropped in prices over the last downturn.2007 peak to now isn't so good...Before the 2007 run up to now is better, but even then, apartment condos performed the worse (so best case scenario, you have the worse performing asset type, worse case scenario you had a terrible return), and that's assuming you had nothing go wrong with the condo (special assessment etc)But benchmarks don't even tell the whole story, because if you had a specific condo investment, and you tracked it's value overtime, benchmark prices isn't the right approach as it evolves overtime (benchmark price is the price of a typical property generated at each point in time).

In my experience, you can consistently generate outsized returns once you can gauge which syndications are stretching to show a high projected return.  

How much of a return will your property generate?

Some of the areas include: general RE knowledge, cold calling, lead generation, acquisition manager, transaction coordinator, etc.Would anyone be interested in taking a peek at the courses as well?