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Daytona Beach Real Estate
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1st Florida Realty LLC
2727 N Atlantic Avenue, Unit 101
Daytona Beach, Fl 32118
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How to Build Your Real Estate Portfolio Faster Using “The Stack”
The conventional advice to invest in a retirement fund to build wealth comes with a multi-decade timeframe that can be much too long for some people. Likewise, investing in real estate can feel much too slow when you try to save up for the down payment on each property. Instead, some people opt to double their number of properties each year. They buy fixer uppers, refurbish them, rent them, refinance them to pull their money out, and then repeat the process (BRRRR).
Key Takeaways:
“Save 10% of your paycheck, put it away in some slow growth stocks or mutual funds, wait 50 years, and you’ll be the richest person… in the cemetery.”
Read more: https://www.biggerpockets.com/renewsblog/build-real-estate-portfolio-fast-the-stack/