A real estate investor explains why most people can't build large portfolios anymore. Modern lending rules are stricter than they were twenty years ago, limiting most investors to one or two properties instead of many. The financing strategy, not the properties themselves, determines whether you can scale.
You need to understand when it comes to growing a multimillion dollar portfolio, the most important thing is not the property that you buy, right? And this is where a lot of people go wrong. It's your finance strategy, because this is the singular element where most people are going to get tied up, stuffed up, and stuck more than anything else. The lending system is not set up in a way to support people in buying 5 or 10 properties anymore. Maybe it was 20 years ago when it was the Wild West. But for most people, you're getting into a position where maybe you're going to get 1 or 2 properties and you're literally done and dusted and that's what it is like for a lot of people.
