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Updated almost 7 years ago on . Most recent reply

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Arleen Mason
  • Rental Property Investor
  • Burlingame, CA
0
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Question on 7 years to a 7 figures

Arleen Mason
  • Rental Property Investor
  • Burlingame, CA
Posted

Has anyone read 7 Years to 7 Figure Wealth by Brandon Turner?

I just finished reading your book.   Great book.   I'm new to investing and I am trying to read as much as I can to educate myself.  I have two questions.  I understand the concepts laid out in your book but I do NOT understand 2 very important fundamentals of the plan.

1.  If a property is worth $100K, how would you be able to purchase it at a 20% discount or for $80K?

2.  In the plan the appreciated on the property is 10% in year one and 4% there after.  The 4% makes sense to me, but I am struggle to understand how the property would appreciate at 10% in year 1.

THANKS.  Appreciate everyone's time and insight.

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