We first heard about the term “The Stack” from Brandon Turner at BiggerPockets.com. After digging into the details of the Stack, we value it more from the perspective of it being a philosophical term than a methodical term. Let’s dig into it again together.

The Argument

The reason why Brandon Turner presented this concept is that he believes the traditional path of save enough down payment, buy 1 property, save all over again for another down payment, buy another property, is simply taking too long. By the time you can accumulate enough properties to reach your passive income goal, many years have already gone by and reduces your opportunity to enjoy the outcome. We completely agree we need to be able to accelerate the building of properties and the building of wealth in general.

The Concept

If you agree you want to accelerate, that is where The Stack comes in. The concept is very simple, you may start small, say you buy 1 house this year. Next year, you double it to buying 2 houses; the year or 2 after, you double it to buying 4 houses, and this goes on and on. Before you know it, you will be buying 16, 32, 64 houses a year and reaching your passive income goal much sooner!

What’s Wrong?

If you are a practical person, you will spot out right away that it may seem “easier to be said than done” when someone asks you to simply “double your investment goal every year.” Sure, whatever you say. That is why we feel that this concept is more valuable at the philosophical level, to provide motivational value and set the proper mindset to the people who are interested in real estate investing.

How to Do it?

If you really buy into this concept and want to give it a shot, it is certainly possible. The first thing to figure out is going to be your source of funds. A scale of this will require a sizable amount of capital to back you up, and eventually your credit will be running out and you will be stuck and discouraged.

To figure it out, you need to be creative and find lenders that will enable you to buy real estate with no credit check. It may sound too good to be true but everything starts with knowledge and move towards the right direction. Opportunity never presents itself to someone who just sits at the couch and complains. If you want to be successful, you will need to take the first step, including paying for education costs, to equip yourself with the right information. There are ways to buy real estate with no credit check. Click here to learn more.

Credits: To read Brandon Turner’s original post, please click here.