What age did you say the roof was when you purchased the policy? 

My short-term goals are to purchase one property a year for the next 3-5 years through house hacking but I am also interested in learning about and pursuing other strategies in real estate investing.

You can't purchase it with an FHA loan, but let's assume you could use any type of financing.

I am an engineer with a full time job, but plan on continuing to purchase rent ready properties to slowly build wealth.

Purchase price: $1,500,000 Cash invested: $50,000 Duplex was in foreclosure.

These are huge wins.Also, get your finances in order and get pre-approved so you are ready, willing, and able to purchase which will allow a realtor to take you seriously.

It's a fairly easy process and the bank works with you on the purchase to handle the funds through the 1031 exchange.If you have any specific questions feel free to reach out I am always happy to talk REI!

I am getting ready to purchase my first rental property in Oklahoma City, OK and I’m looking at an home that is priced under $80,000.I plan to put 25% down to get the best rate.I’m from California and haven’t run into this before... but it seems like there are lending minimums and a conventional loan of $60,000 isn’t something I’m finding easily.I could likely get a hard money loan or get a HELOC on my primary residence and purchase the home with cash... but I don’t like these options because the interest rates are higher than a Conventional loan.Besides hard money or a HELOC, are there any suggestions on how to get this smaller loan at a reasonable rate?

Here’s a quick overview of my situation:•I purchased my first BRR rental property for $81,000.

A well-diversified portfolio is more resilient to economic downturns and sector-specific challenges.Key Takeaways:Expand investment portfolios to include a mix of property types and locations.Consider emerging markets and sectors with growth potential.ConclusionFuture-proofing commercial real estate investments require a proactive approach that embraces technological advancements, sustainability, flexibility, strong tenant relationships, and portfolio diversification.