How do you get rich in real estate? π€
This is one method.
It's no secret. π€
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Buy value-add properties.
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Utilize debt and business partners to stretch your dollar.
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Stabilize the asset.
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Refinance
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Purchase more value-add properties.
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Rinse. Repeat.
This is how you turn $1 β‘οΈ $4 β‘οΈ $16 β‘οΈ $64.
Poor decisions can make this a βget bankrupt quickβ scheme too.
Tread diligently.