While this is a great and highly motivating goal, most people are either clueless or incorrect in their belief as to what is required to obtain this “lifestyle”.Understanding of the “how to” get there is further obscured by the misleading, and often patently false “pathways” sold by real estate educational MARKETING companies as workshops, upsold to association memberships, upsold to mentorships.

Real Estate is a land of opportunity but not everyone will find it or make a success of it.

I own a property management company and also a contracting company in Ventura.   

But I do hope to offer some quality feedback for folks who are learning the industry and working towards success.

This sounds like a development, so you and your team should have years of experience and a track record of success before you take other peoples money. 

I believe that mindset and preparation are critical when starting a real estate portfolio, as they set the foundation for sustained success. 

If a large investment company wins an auction, SB1079 typically gives you the chance to step in and match the bid within 40+ days.Check your local treasurer and tax collector’s websites—they usually list upcoming online and in-person foreclosure auctions.Hope this helps! 

@Brittney Yang surprisingly I have found that I can have glue down LVP installed by a local flooring company, we use Artisent Floors, https://artisentfloors.com/, for our local renovations and they are awesome and they can do it for less than what I can buy the product for at Lowes or HD even with my 10% military discount! 

Now we're seeing major disasters in densely populated areas and insurance companies can't maintain their profit margins.

I'm a retired engineer and have been successfully using income from these houses to support my retirement without dipping into retirement savings.I'm transitioning my business from rentals to a franchise and would consider selling one of my houses (5 br/4 ba - the other houses my son while he's still attending).