When starting a business or owning multiple properties, it’s crucial to manage your cash flow effectively to ensure long-term stability and growth.

Last year, I bought a condo in an area that I knew was being heavily developed and has a big plan for growth.

The rent growth in that market is challenged to keep up with inflation.

Once you create some decent wealth in a market like this and you feel the growth is slowing, that's the time to start thinking about moving that equity to another market that's probably more expensive.Rinse, repeat, and you'll build a ton of wealth.But it all starts with an appreciating market that you can afford to operate in.

The problem has existed for decades but with population growth, it has gradually gotten worse.  

@Eric S. new britain. that is your answer. i invest there. i spent my whole life in CT besides the last few years. i know the area well. i own a few multi-family properties there currently. i went CCSU in new britain and lived in the town for 10 years. its an incredible source of cash flow and, in my opinion, the current mayor is doing all the right things. i actually see growth happening in that town, compared to the rest of CT that is struggling. happy to help in any way i can. just let me know!

We are looking here for long term equity growth and eventually will build another unit, with separate driveway, as a furnished mid-term rental.

We are looking here for long term equity growth and eventually will build another unit, with separate driveway, as a furnished mid-term rental.

@Keaton VolsTo expand your real estate portfolio and achieve financial growth, consider refinancing your property, saving for a down payment, implementing house hacking, partnering, exploring markets, building a network, educating yourself, diversifying into alternative investments, maximizing tax benefits, and maintaining an emergency fund.

But overall the growth has been off the chart.