Given your current savings and monthly savings rate, you're in a strong position to start your journey.BRRRR StrategyThe BRRRR method is a powerful way to build your real estate portfolio by leveraging your initial investment to acquire more properties over time.Cleveland vs.

While this could lead to a temporary softening in rental demand, it also opens up opportunities for investors to acquire properties at more favorable terms.ConclusionThe recent drop in mortgage rates to their lowest point since May 2023 presents both opportunities and challenges for the housing market.

I started acquiring LTRs in my 30s and it was cheaper back then.

For illustration purposes, what are the benefits of acquiring 100 units if they are located in a C/D market with terrible fundamentals and no reasonable expectation they will appreciate?

The higher price and only moderate school district rating could impact long-term appreciation compared to Plum Creek.1031 Exchange: As Dustin mentioned, you can diversify by acquiring multiple properties under a single 1031 exchange.

Currently, funding seems to be our biggest hurdle in acquiring real estate. 

I manage it all with linked Excel spreadsheets and do my own taxes with TurboTax.Keep it simple and use the time and expense saved to get away from your desk and acquire more properties.

My wife being Mexican may facilitate the process of acquiring properties however we are not familiar with much of the real estate process in Mexico.

With school loans being 6% interest or less, I have no idea why anyone would first pay them off when the funds could be used to acquire investments making many times over 6%.

I am currently looking at acquiring an 18 unit apartment building.