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Results (10,000+)
Andrew Savage Building Deal Pipeline: How many markets are too many?
16 August 2021 | 1 reply
First post here after lurking/networking behind the scenes for last 1+ years.So here's the context of my question:My big ambitious goal is to have a property portfolio of $10,000/month in cash flow 4 years from now (I estimate that means control of ~40 units or acquiring 1 unit every 1.2 months or so)These would all be out of state buy & holds, where I'm obviously focussed on maximizing cash flow (SFH or MFH)I have a full time job that pays low 6 figures (so I have roughly ~20hrs/week to give to my investment goals) and no current rent/mortgage or other liabilities aside from feeding myself (I've done this intentionally for this 4 year sprint towards financial freedom).I have up to $50k to invest right now (and another $100k if I dip into 401k which I've contemplated doing), but as mentioned have a healthy savings rate given my circumstancesMy preferred route for now are properties that can be acquired at less than $150k per unit (so I've honed in on the usual suspects of states: WI, OH, IN, FL, MI etc) and from there I look for cities with more than 50,000 people that are either growing are have stable population, decent employment opportunities, relatively low crime, etc).I also have a bit of a desire to not go where I know everyone else has been circling for some time (Detroit, Cleveland/Akron, Dayton, etc)So given all of this and my lofty goal of acquiring a property every 1.2 months (unless I'm thinking about this wrong), my question is this:How many markets are too many to build and maintain a deal pipeline that helps me achieve this?
Nicholas Glatter Knowing what you know now, what would you do?
16 August 2021 | 8 replies
Knowing what you know now, what would you do if all you had was 75K and wanted to achieve financial freedom in 3 years.
Corey Duran New member to bigger pockets
19 August 2021 | 12 replies
I hope to one day have financial freedom through rental properties!
Robert Gamblin Please Help with analyzing First Rental Deal.
17 August 2021 | 14 replies
I just got started myself and want to build my SFR portfolio fast and reach financial freedom.
Oscar Catalan Getting approved for any loan
26 August 2021 | 11 replies
Don't screw over your co-signer, as they will be just as reliable if a payment is missed hahaPart of me doesn't want to wait for 2 years of work and then get a home, right now I'm so focused  on financial freedom, one thing going for me is my credit (721) and I know the importance of just getting into that one home, a co-signer was a thought I had last night while reading the book but I also see that I need to me smart and educated before I do so since I could end up hurting my self and others and vice-versa if not done right.
Cassidy Lewis Investing while in the Military
2 January 2021 | 26 replies
As stated by everyone else who came before me, congratulations on taking the first steps to financial freedom.
Nancy Bachety 1031 exchange refresher
28 December 2020 | 9 replies
But at the same time cash + debt relief is a great horseshoes and hand grenades number that allows you freedom to plan or as you said - "use round numbers" but lets your accountant be the final authority.
Collis Crews New to Real Estate Investing
31 December 2020 | 9 replies
I would say one of the main reasons we are all in real estate here is that eventually we will reach total freedom.
Malia Miyashiro-Harmon Newbie from Los Angeles looking to Invest locally or Out of State
10 January 2021 | 21 replies
Busy professionals, especially when they are passionate about and love their work as I do, appreciate that paying a little more to have the freedom to focus on work while the Turnkey partners focus on what they do best is the ideal setup I recommend for OOS investors.I know there are multi-family properties, apartments, syndication, etc. and they all have their place and purpose.
Mark Baker Unsure on exactly how to get started
30 December 2020 | 20 replies
In that time I became fascinated with the idea of freedom that real estate could provide.