For instance, many tribal lands are exempt from state and local property taxes, which can obviously lead to significant savings.

We have around 20k in savings we’re hoping to do our first BRRR with using a FHA loan in the future.

Real wealth is built over time with consistent effort, even when things are difficult.Increase earnings, reduce expenses, save, invest.

I am a big fan of getting rid of consumer debt as it puts a constraint on your income and savings.

They asked me to empty my savings, max out cards and then finally to take out a loan.

Visit the property and learn about various renovation stages, gain insights from our experienced investors / speaker, and learn strategies for evaluating deals, managing budgets, and maximizing ROI.What to expect:Property walkthroughsReview before photos and discuss transformation plansDive into real deal numbers—costs, profits, and challengesNetworking with industry prosOpen Q&A session to ask anything about the process

Over the next 5–10 years, I plan to scale to a portfolio of rental properties and eventually diversify into syndications.I’m particularly interested in the Lynchburg, VA market and other areas with strong rental demand.What I Bring to the Table:I’ve been saving aggressively, and I’m exploring physician loans to help get started with minimal upfront costs.I’ve done a lot of reading (shoutout to BiggerPockets books!)

It’s like you bought the properties with a 30 year loan and are putting the rest in to a savings account.

Not worth the up front savings.

It will save you tens of thousands of dollars if not hundreds of thousands of dollars. 3.