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Updated over 14 years ago on . Most recent reply

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Tyler S.
  • Real Estate Investor
  • Midwest City, OK
2
Votes |
97
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Rental houses

Tyler S.
  • Real Estate Investor
  • Midwest City, OK
Posted

I always hear success stories about someone who aquired a numerous amount of rental properties in short amount of time like 5-10 years. And by numerous I mean 25-75 rental properties. How does one aquire so many in such little time. Because if I had that much money to buy all those houses I could retire!

Most Popular Reply

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Steve L.
  • Investor
  • Rancho Cucamonga, CA
684
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Steve L.
  • Investor
  • Rancho Cucamonga, CA
Replied

I have paired buy-sell house business (flipping) with buying long-term rentals. Most of the profits go into the rentals. That combined with private party lenders and hard-money to re-capitalize some of my investment.

John Schaub wrote a booked call "Building Wealth One House at a Time" that is a good starting point.
http://www.johnschaub.com/books.cfm

Don't get caught up on how to go from 0 to 25 houses at once. Buy them one at a time and keep replicating the model until it stops working.

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