@Beth Chang A 1031 Exchange can be a very powerful tool for someone who is interested in growing their wealth through real estate.

It's a booming and growing industry in and of itself.

Buy a beat up work truck and grow a beard out.

Yea I mean I can try to get a heloc and yes cash flow will be small to none but I’m fine with that more experience for me to grow.

Partner #2 has his own real estate portfolio is seeking to grow faster than the income from his W2 job will allow.

I think managing your self as you grow gives you the opportunity to pick the appropriate management when you grow to that point of need because you have experienced all that there is for yourself.

Fastest way to grow you real estate portfolio.

@Jay Hinrichs @Steve Vaughan Looks like there's a lot of reasonable and good thinking here, but I think it's easy to oversimplify protecting yourself legally, especially if you start small and grow.

You can find cash flow neutral or positive in Houston (I invest there) and San Antonio, and possibly in Dallas metros in very decent neighborhoods as those are strong economies and growing metros, though those markets may lack the sexiness and tech profile of Austin.

If you look at the population growth over the past few years you can see how Bakersfield is growing at a rate faster than Fresno, and that is not set to stop any time soon.