You’ve Bought a Few Rentals…Now What?
You’ve bought a few rental properties…now what? Odds are, like most real estate investors, you’ve got a small portfolio, but you definitely don’t feel “rich” yet. When does the actual wealth start coming into play? If you’re in this position, you’re already closer to financial freedom than you think. So, how do you move forward, and what moves do you make to get there faster? Both Dave and Henry have sat down and asked, “So…where’s the money?” years into their real estate investing careers. Now, farther down the line, they’ve created millions in wealth and thousands (if not tens of thousands) in monthly cash flow. This took time, but it also took some pivots. That’s why today, both these experts are laying out how you actually get to your financial end goals even if you feel like you’re not even close. Should you quit your job and go full-time into real estate? Should you reinvest cash flow or pay yourself first? Should you switch strategies if you feel like there’s more money to be made? And what do you do when you feel burnt out on buying rentals? This is how to unlock the real wealth in real estate after your first properties. In This Episode We Cover Yes, you can still reach financial freedom in 10 years with real estate How to use your cash flow to invest faster and get wealthier quicker Why you always need a “job,” even if that means working for yourself How Henry pays his bills while investing (he does not touch the cash flow…yet) The two benefits you must get from your real estate investing strategy (or change it ASAP) What to do when you’re burnt out on investing or dealing with tenants And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1199 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices
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