Updated over 5 years ago on . Most recent reply
Stack strategy limitations
As a new investor, I have decided to pursue an investment strategy based on the stack technique, whereby the number of units added to my portfolio essentially doubles every year.
(1) What will be the biggest obstacle to achieving this strategy, and (2) what is the best way to prepare or overcome this obstacle.
I sincerely appreciate your practical advice.
Greg
Most Popular Reply
The biggest challenge depends on your location, but generally, and for most people, finding deals is the toughest. That's why you hear podcast hosts, guests, other investors, and your grandmother say, "If you find a deal, money will find you."
The good news is, unless you need to be filthy stinking rich, or build a real estate empire, you don't have to stack very long to have financial independence. Eight paid-off doors could feed a family of five who chose to live frugally.
If you stacked well, that would only take you three years.