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.

I also have a method of analyzing locations to find out how in-demand properties are there compared to surrounding areas.

Your traditional bank in most instances is going to take the loan and resell it on the secondary market.For House Hacking, my favorite concept is  purchasing a duplex, triplex or quadplex, you accomplish 2 things in 1 step, you get a roof over your head, and at a minimum you get someone else to help pay for your mortgage, and when its time to move out, you already have your 1st investment property under your belt.

There's a reason this is the preferred method for new buyers with little to no capital. 

Personally not a fan of out of state BRRRR.I think it's a recipe for disaster and having been in the game for 10+ years, I've seen the disaster first hand as I bought hundreds of deals from disgruntled out of state investors who thought they can do it themselves.My property management company has doubled in 12 months also due to out of state investors getting caught with a poor property manager when trying to do it themselves from afar so they come to us for help 🤷‍♂️I'm seeing many investors buying D class crap on the MLS for too much and that needs work.They end up being into the property for 30% more than they would be that if they just bought turnkey.A true turnkey provider will find the cheapest/best deals through a variety of acquisition methods, renovate well and sell for fair market value (And manage in-house).If things go South, they are solely to blame and the penny drops with them.But with DIY, who is to blame?

I would rate it... but all you guys do is tell dumb jokes, not listen to your guests and bag on Detroit.Seriously though it's my number one favorite podcast...  

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

But if ya want a champions life, step it up, spit in fears face, stop making excuses and start making results.My favorite part of this post was how you finished with: "I won't rub your ego", after paragraphs of attempting to rub your own.

Due to Peter's methods, we have made contact with tons of motivated sellers.

I can vouch for their character and their methods work, you just need to decide if you’d like to learn it and do it yourself or hire it out.