Quote from @Kaushik Sarkar: I’m exploring strategies to scale my real estate portfolio given the current mortgage rate Not sure much makes sense at 11%...Ouch....tough enough at 7.5%   Might have to put more than 20% down to finance....maybe 30% in North Texas.   

The general idea is that you must acquire an interest in real property you do not already own, and since you already own the subject real property you want to build on, the transaction must be structured so that you are creating an interest in real property you do not already own (in fact, it does not yet exist).

It also gave me the chance to experiment with short-term rentals before transitioning to a long-term hold, reinforcing my strategy for growing a real estate portfolio.

If you’re looking to make real estate your new job and to earn cash now to use and live on like a job, then go for cash flow.

The key to purchasing more real estate is by focusing on the fundamentals of the real estate.

That is where you will find real investors in those areas to connect with as well. 

Plus diversification within your real estate portfolio can be a solid strategy.4.

Joining BiggerPockets is a fantastic first step – it’s where so many great real estate journeys start.

For anyone starting out in real estate, I hope my story gives you a sense of what to expect (the good and the bad!)

Quote from @Kevin Cole: @Andrew BoscoI would like real estate to be a part of my wealth building strategy.