You know the common advice all the finance gurus teach:
“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.”
I don’t know about you, but I didn’t want to take the slow route.
I wanted financial freedom faster.
So I jumped into real estate investing!
But that can take a long time, too. I mean, if you buy one house every few years, saving up enough for the down payment each time, it could take 20 years to get the financial freedom you want.
So, if you want to build a portfolio fast, what should you do?
Today, I want to teach you a powerful strategy that I follow called “The Stack.” I think you’re going to like this.
Now, first, let me show you how most people build wealth through real estate.
How Most People Build Wealth (the Slow Way)
They buy a house, then maybe another house, then a few years later another one. They are growing their portfolio linearly.
Nothing wrong with that. It’s just slow.
If you want to achieve faster growth, you’ve got to grow exponentially.
And that’s where the stack comes in. So let me show you a hypothetical example of what I mean.
How “The Stack” Can Help You Grow Wealth Exponentially
Let’s say you buy one house this year.
That’s it. Just one house.
Buying that first deal is a lot of work, and when it’s all said and done, truth is, one deal isn’t going to get you freedom.
But what it does give you is knowledge and experience.
So, let’s say you wait an entire year and then, after knowing how to buy a single house, you buy two units. Maybe a duplex, maybe two single-family houses.
(And hey, in case you are wondering where you’re going to get this money, I’ll explain that in a moment.)
OK, so now in the second…