If I buy a long-term rental property and the cash flow i am receiving is average wouldn't it take a lot of time for me to earn enough to buy another rental property? How can i earn enough to buy another investment property in a little time?
If I buy a long-term rental property and the cash flow i am receiving is average wouldn't it take a lot of time for me to earn enough to buy another rental property? How can i earn enough to buy another investment property in a little time?
Flips - risky if market isn't hot and you don't know what you're doing. This is not for rental but buying below value, remodeling them, then selling at a high price.
Otherwise, real estate is a long term game where leverage is king. You need additional sources of income to pay for high enough initial down payments that give you favorable interest rates. It's only after a while when you have much more equity in them you can keep refinancing and increasing cash flow, then getting a huge chunk of change from appreciation. Many investors pool their money together to form syndications when they want bigger properties with bigger margins.