I have a portfolio of SFR out of state, but I am looking to start doing some deals on LI and want to build my network up here.

I would focus on being an agent and building that business.

We needed to build more there but the cost to build has doubled and the return is t sufficient.

But then you have the benefits of using it yourself, plus you'll build equity if you choose the right property.

With that in mind, I’m considering purchasing four rental units over the next four years to build a stream of income that could help supplement my retirement by age 68.The challenge I’m facing is that the deals I’ve come across so far don’t make financial sense.

The goal is to build a portfolio along the way. 1.

I have 2 empty lots that I want to build 2 rental properties on in Decatur, AL, but there is not a lot of new construction in the area.

Glad you are setting aside money, but if the HVAC is 20 years old, or the septic system has never been pumped, or the roof is 25 years old, etc; you will get hit with a cost before your build up enough set aside.How stable is the other tenant? 

With the right strategy, it can become the foundation for building wealth.

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