Acquired for $125,000, it was more than just a property; it was a canvas awaiting our touch.With unwavering determination, we invested $103,000 in a complete renovation, infusing every corner with passion and purpose.

Acquired for $125,000, it was more than just a property; it was a canvas awaiting our touch.With unwavering determination, we invested $103,000 in a complete renovation, infusing every corner with passion and purpose.

When we acquired it for $125,000, we saw beyond its current state, envisioning a masterpiece waiting to emerge.With steadfast determination, we embarked on a journey of renewal, investing $103,000 into a complete renovation.

I've progressed from owning fixer upper duplexes in the north end of Winnipeg where I would do the renos myself late into the night; to purchasing large apartment buildings to acquiring properties in 13 different cities across Canada and the United States. to now buying office buildings and institutional-grade grocery-anchored retail centers leased to national tenants and publicly traded companies like Walmart, Safeway, and Loblaws.Before 27, I achieved lean FIRE, all thanks to the inspiration and fundamental concepts from the BP podcast and the incredible people I've met along the way in this entrepreneurial journey by betting on myself, committing to lifelong learning, and nurturing an insatiable curiosity.If someone like me, who barely made it through high school and would be considered "unlikely to succeed" by my peers, can do it, so can anyone reading this.

@Donnie Tucker In my opinion driving for dollars is probably the worst strategy to acquire properties.

FOLLOW THE K.I.S.S method plan (keep it simple and stupid).Find and hire a real estate agent that understands multiple investment strategiesGet pre-approved - see what options you havebased on your pre approved price - identify an area you want to invest in that you can affordLeverage the agent to : bring you properties, assist in pulling comparables (you should know your comparables of the area you are looking in, this is for a second opinion) review and confirm your estimated rental income, assist you with acquiring the property, and have a list of resources you could use; contractors etc.Looks at properties and make offers that work for YOU.Also,Do not pull your IRA money out, leave it there and let it grow - leverage this to meet your lenders reserve requirements.Buy Multi family to holdBuy single family to fix and flip and produce more income to buy more multi families.

I help investors analyze, acquire and rehab (established, reliable contractors).

I would like to transfer the property into my own name so that I can utilize the equity to acquire rental properties.

There is far more complex aspects to acquiring MFH than EM. 

After acquiring several single family homes I want to step up to 3-4 door properties, perhaps funded by selling a couple of my single family units.