Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

27
Posts
12
Votes
Eli Kim
12
Votes |
27
Posts

Need advice on methods of scaling quick

Eli Kim
Posted

Ok so I know real estate for the most part is not a get rich quick investment. I have been investing in SFH for the past 3 years and I currently have 3 properties. The properties are relatively cheap ranging from 70-90k. I feel 3 properties in 3 years is very slow. I want to replace my active income with rental income and at this pace it is going to take a very long time. So my question is how can I scale at a much quicker pace? What methods have you used? Any advice is appreciated.

I've seen investors online claim they've acquired 50-100 properties in 3-5 years through seller financing with only 5-10k down per property. I don't know how much truth is behind this. I've never done seller financing before, only your traditional loans like conventional and DSCR

Most Popular Reply

User Stats

1,006
Posts
1,319
Votes
Eric Gerakos
  • Investor
  • Costa Mesa, CA
1,319
Votes |
1,006
Posts
Eric Gerakos
  • Investor
  • Costa Mesa, CA
Replied

Buying Cheap properties is usually less profitable, as maintenance, evictions and appreciation are typically much less than better properties. Fewer but better properties is usually more profitable. 

Loading replies...