Since I source them myself, I know what I am getting and I save wholesaler fees.

I still have plenty time left saving but when the time comes I’ll either be looking into conventional  loans, or some type of remodel loan to pay for the repairs of the property I am looking to fix up, because as far as I’ve seen so far it’s hard to find a good deal starting out unless you buy it as discounted as possible and put some sweat equity into it, let me know your thoughts on that ur possible.

-repeat the process every year by acquiring one house every year with the appropriate income qualificationThere are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

Risk that you will short yourself by not maximizing your cost seg potentialThat said, when full-service cost seg is not economically sensible, DIY is a valid alternative

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

My ultimate goal is not using my savings during this process, because I want to train myself from the onset to think creatively and not deplete my reserves instead of finding a better deal or more productive relationship.

Small upfront investments in expertise can save you big in the long run.

If you ever have any questions feel free to reach out and ask I enjoy helping and offering tips and loopholes to help save time and money.

Key provisions like bonus depreciation, the 20% pass-through deduction, and 1031 exchanges have saved investors thousands of dollars each year.

$10K savings to you or higher cost to you?