(Reinvest) -> Retire (with enough repetitions)Here's why: - We have found several well-priced land properties in the bay area with zoning for up to 4 units. - New construction adds massive value to the property, meaning higher margins than an already built/renovated property- New construction rentals attract higher quality, responsible long-term tenants (if not airbnb)- New construction rentals require 0 to little maintenance - 5+ units is classified as commercial - the codes are strict & make it expensive, 4 is the sweet spot- Airbnb in the correct areas can 2x-3x the income of a rental property- Your capital can be re-invested once construction is complete, rather than having it stuck in an investment property- The higher the amount of repetitions/reinvestments, the higher your capital will be. - Once you've spent a couple years re-investing, you can take the capital you've built up and invest it in a long-term rental property with passive income.

Kiyosaki can be really repetitive too.

My dad owns a SFH on the southern side of fort worth, he owned 2 additional but offloaded them last year due mostly to headaches. the Property manager he was using had very high tenant turnover and repetitive high expense (and suspicious) maintenance issues.

Hey BP,  I have a rental property in South Carolina that has had the HVAC package unit stolen three times in the past 8 years, always when the property is vacant.  The property is an A- class property, but unfortunate...

If you could learn to find deals and take them to other people, do the work yourself, analyze deals, or in any other way add value to an experienced investor then you could get some free or inexpensive repetition in the process. 

I would not think reading is a waste of your time but there's nothing like repetition.

After a few repetitions you get the hang of it and hopefully do better with each project. 

We are in talks of doing a loan for unrelated 3rd Party (a repetitive client of ours), to help buy 5 rental or rehab properties.

I'm starting out this investment journey and doing my best to handle this situation so that it doesn't become repetitive in the future.

The other BP podcasts are great, but I feel like they are quite repetitive now that I have been listening for a few years.