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Updated over 5 years ago on . Most recent reply

User Stats

178
Posts
74
Votes
Delbert Standifer
  • Rental Property Investor
  • Carson, CA
74
Votes |
178
Posts

My REI strategy (opinions welcome)

Delbert Standifer
  • Rental Property Investor
  • Carson, CA
Posted

Input please. I'm new at investing. I have one home as Airbnb. Here is my strategy. We are allowed to have 10 properties with conventional financing. I can save about 35-40k every year. The next 5 years I plan to purchase 9 properties within 80-100k through out the country. My goal is to pay them all off within 12 years same time I plan to retire. The goal is to own 9 properties free in clear. This sounds realistic to me what about you.

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