Regardless, our goal is to keep pushing forward and do at least one deal every quarter.

I know regulations change almost by the quarter so what is true now is probably different last year. 

We're also able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis because of shorter term leases.Now we syndicate larger self-storage deals and work with passive investors.

You might want to create a list of 50-100 prospective properties that meet your criteria using a tool like PropStream, optimize it, and then market to that list up to 30 times a quarter.

Here’s the breakdown: Loan Amount: $50,000 (max allowable amount) Interest Rate: 9.5% (interest goes back into the 401(k)) Repayment: $524.24 twice a month over 60 months (max allowable time) Total Repayment: $62,908.67 (including $12,908.67 in interest) Fees: $75 setup fee + $6.25 quarterly fee (totaling $206.25)Additionally, I have a taxable brokerage account with a modest capital gain and a tax rate of 15%.Total Funds for Investment:Combining the $50,000 loan with the funds from the brokerage account, I’ll have the down payment for another property.I’m excited about this new plan and looking forward to your thoughts and advice!

If I know I want to walk 1,000 miles by the end of the year, I can come up with a plan of how many to walk each day, week, month, quarter, etc. 

We're also able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis because of shorter term leases.Now we syndicate larger self-storage deals and work with passive investors.

The fact that article came out in 2001 and that hasn’t happened yet nearly a quarter of a century later literally just proves my point.

In the 4th Quarter of 2023, Fannie Mae introduced a new product allowing for a 🤩 5% down payment on owner-occupied properties with up to 4 units.🔥 This can be a great way to start building passive income immediately.🤑 By purchasing a fourplex, living in one unit, and renting out the other three, you could effectively live for free while simultaneously building equity📈 and generating passive income.

It can be a complicated structure and you need to make sure you're doing compliance on each llC and filing the property documents quarterly and annually.