Looking to purchase 10 homes in the next 10 years.

[Josh Harper]

Hi everyone, I'm a current agent and interested in purchasing 10 personal homes over the next 10 years. Every year I plan on renting out my previous home and buying a new primary. I am licensed so my commission will go towards my down payment so I will have very little out of pocket ever year. Is this a good way for me to accumulate properties or is there a better ROI out there? I have about 75k liquid right now and am currently renting. Thoughts?

Thanks in advance. 

[Don Spafford]

If you plan to live in each property anyway, then why not househack better? Buy some 4 plexes in the mix, live in a unit for a year, then another, and so on. You can still reserve some of the units for STR if you would like or rent them all as LT. But then you also have the other units covering your mortgage in the meantime so that you can accumulate more cash savings. That's what I would do. Currently though I am more focused on passive income through syndications so I don't have to deal with tenants and problems.