One Rental at a Time - is it allowed on BP?

Question

A great way to build a portfolio is by adding one home at a time and there is a great discussion on the ability for investors to just get to 4 homes. Mike Zuber has an excellent story on how this is possible and probably an excellent way for the any new investor to develop their wealth.

Gino Barbaro · Answer

@Chris Webb

We interviewed Michael Zuber on our podcast

And he interviewed us. Great dude, great business model, and has his priorities and goals in mind every time he does a deal. He doesn't need to scale for scale itself.

Our models are very similar. He does a few houses a year, we do a few multifamily properties per year. Our unit count is bigger, but we are both mindful of buying very good deals and NOT outgrowing our infrastructure.

The not so good news is that our models take a bit of time for results, not a ton.  It took us 18 months to find our first deal, but within a few years, real estate became full time for us.

Gino

Julia Lyrberg · Answer

Absolutely! Building your portfolio one house at a time is a super practical approach. Mike Zuber’s story really shows how just getting to 4 homes can make a huge difference. It’s a great strategy for new investors to start growing their wealth without feeling overwhelmed.

Scott Trench · Answer

This is all I do, and essentially most of what I talk about across the 550 episodes of BiggerPockets Money with @Mindy Jensen. It's the focus of most of our RE podcast content, including the featured episode this week, with @Chad Carson, and @Dave Meyer.

Curious - why do you think that this wouldn't be allowed on BiggerPockets?

This is most of what is done, and discussed, here on this platform.

Curious - why do you think that this wouldn't be allowed on BiggerPockets?

This is most of what is done, and discussed, here on this platform.

Chris Seveney · Answer

@Scott Trench

Only thing I can think of is He just recorded a video on YouTube that discussed a former employee of bigger pockets and had some criticisms.

Manny Vasquez · Answer

I think that most people here on BP stacked their portfolio 1 property at a time.  There is no "magic number" of properties to own, everyone has different goals and financial situations to get to their personal "magic number".

While 4 homes may work great for investors like Mike Zuber, it may not be enough (or maybe too many properties) for other investors.  The journey to wealth via real estate will have different paths for different investors.

One Rental at a Time - is it allowed on BP?

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