As we will see in the months to come, consumer confidence will erode and the number of people willing to spend 50-75% premiums on their monthly rent spend will go away.Wealth accumulation requires patience, thoughtfulness, and is often slow.

Not only do they know tricks to help you qualify for a multi-family deal (ie: you can qualify for a higher amount for MF compared to single family), they can help ensure a smoother process with respects to these loans.Househacking is a great way to accumulate wealth and to add value to your property.

Seems like buy n hold w/ refinancing or 1031 exchange to the next property to create that snowball in real estate is arguably the best ways to accumulate wealth in real estate. 

I'll probably continue to take care of the work myself (at least for now) when accumulation is low like 4-6 inches or less... but the 6-12 inch nonsense like we had last night is something I'd much rather outsource lol.

In the meantime I’m just accumulating dollars until that happens.

The bulk of my investing capitol needs to come from the equity that has built up in my Seattle house.Yes, in another 5 years there may be additional equity accumulated.

It's crazy though how after accumulating all these, I really don't feel wealthy by any means.

Have a accumulated $1.5 million in net real estate assets.

If you look at the above, Row F contains all of the yearly Cashflow of $3,004 per year (or $250 per month) and then accumulates it to a total cashflow collected of $30,041 for the whole 10 years.There is no Compounding of the Interest here.You will get the $30,041 for the next 10 years in Cashflow.Additionally, you will sell the property and get an ADDITIONAL $25,926 because the Mortgage went down from the tenants paying the Mortgage.So your total that you will receive is $30,041 PLUS $25,926 = $55,926.This doesn't happen all at once... this happens every month for 10 years you take your $250 per month Cashflow.So, we know 2 things.In 2017 you took out of your pocket $30k to invest in the Property you bought for $100k.In 2026 you sell the property for the SAME PRICE of $100k.

What about accumulated losses from prior years?