Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

187
Posts
41
Votes
Craig Moore
  • Commercial Property Manager/Facilities Manager
  • Boston, MA
41
Votes |
187
Posts

If you could rewind time back 8 years, what would you do diff?

Craig Moore
  • Commercial Property Manager/Facilities Manager
  • Boston, MA
Posted

BP,

This question arises from a goal I've set for myself to become a millionaire within 8 years (my 30th birthday) and have a monthly rental income of $10K+ (this is the minimum) a month.

So, knowing what you know now, if you could get those 8 years back, would this be possible for you? Is this a reasonable goal for me (I'm still going to try even if it isn't)? Would you get it sooner than 8 years? What was your steepest learning curve?

Thanks in advance for your answers/perspective.

Most Popular Reply

User Stats

10,263
Posts
16,133
Votes
Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
16,133
Votes |
10,263
Posts
Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
Replied

I would have seen the great recession coming.  Would have sold all RE in '07 and shorted financial equities for a few years, then bought everything in in sight in 2011!

Seriously, I would have stayed leaner.  House-hacked early on, then would have bought and sold my primary every 2 years. Can't beat those tax-free gains!

Loading replies...