Published October 1, 2024
Real Estate Investing 101: House Stacking
Have you considered investing in real estate, but don't know where to start?
I have three great options for you…
house stacking, small multi-family, and large multi-family!
Today I'll touch on what I call "House Stacking." Just like it sounds, you'll buy one house after another, and stack them up into a nice portfolio. But how do you accomplish this?
Most people can't just go out and start buying up homes. Even if they could buy one or two, that's it - and that's a small stack.
What's the secret here?
While most people can't buy up extra houses, they *can* buy one house to live in. Then, after a year or two of living in that house, they can sign up a tenant to lease it, and buy another house to live in. A year or two later, repeat the process again, and you have 3 houses in 2-4 years...
Depending on your life situation, you could easily build up a portfolio of 5 homes in 8 years - or less. And once you have that kind of equity under your belt, you could start to scale up to buildings of 4, 8, even 20+ units.
Sounds pretty simple? It is fairly simple, but the effort and obstacles are in the details. Because of this, we are developing a step-by-step, self-paced course to help you through the house-stacking process. If you are interested in being an early tester, let me know!
Or, if you're ready to go right now, as a few of our clients are, just reach out and I'll walk you through the process personally - I am very happy to help our clients on their wealth building journey!
Next time, we'll get into small multi-family properties. Stay tuned!
