Getting bored lol

[Ian Hutton]

lol so Im 30 years old and have acquired two rental properties, one in riverbank CA and other in Lansing MI on a partnership with my dad. Both cash flow and I’m around $570 per month. Currently I can save $2000 per month (total) for my next deal. The properties I purchase are in the Lansing area and open to Jackson, Battle Creek, and Grand Rapids. My goal is a single family 3 bed or more 2 bath or more for around $100-130k. In the midst of me coming up with a down payment and saving for emergency fund for said property, I feel like I’m taking all the right steps in education but can’t help but feel a bit restrained in the action I can be currently taking. lol I’m open to bird dog (never done before) as I learn more each day about my market and others. But around a 1-2year wait feels like forever until I can actually purchase. Am I doing the right thing? Or is there something more productive I could be doing in the meanwhile? 

Thanks in the meanwhile love the community 

[Joe Villeneuve]

Where do you want to end up financially using REI? Actual numbers, not "I want to be financially free". Now, based on your timeline of how long it takes to get from one property addition to the next, and how much you are adding on in profit/CF from each property, how long will it take you to get to your financial goal?

Keep in mind, that all the rentals you keep will over time (shorter time than you would like) will have added expenses out of pocket...big ones.  You will need to subtract that from your accumulated total along the way.

What you will find out, is what you suspected, and why you wrote this question to begin with.  There has to be a better/faster way.  There is.