Growing Portfolio in Vegas
Hi There,
I'm new to this site and new to investing in general. I currently own a property in Vegas which I have owned for approximately two years. I'm in the process of acquiring another property this year but my question is how can I grow my portfolio at a quicker rate than buying one property every two years. Seems like there's another way to acquire properties other than waiting to generate enough equity in one before I buy another.
Any advice is welcomed. Thanks BP family!
Most Popular Reply
One of the most popular is flipping! Flip some properties to generate capital and re-invest. It is easier to borrow money for a flip then it is to borrow money for a buy and hold. Network, network, network. Meet people and talk to wholesalers to find better properties than buying. Or stockpile your cash and wait for Blackstone to dump their properties.
Meet @Phillip Dwyer and talk strategy with him.