- Pick A Strategy & Get Going! (4 profit centers).
- Highest & Best use of your time? DIY is tough. vs. Contractor. Sister is an agent. Outsource. to the BEST
- All markets are not equal. (Low vacancy, jobs)
- Worst property in a desirable area
- Specialize (shiny object)
- Solve someone’s problem. REI is in-efficient. Buy from motivated sellers = wholesale, off market (vs retail)
- Bigger is better – duplex and 4plex vs. single family > CRE
- Tax Advantages are INSANE (IRAs, Depreciation, Net Operating Losses)
- Find a Coach / Mentor and Model your portfolio.
- Partner 1+1 = 3 (Time, Money, Credit, Relationships)
