Updated over 13 years ago on . Most recent reply
7 years to 7 figure wealth?
Has anyone been exposed to the real estae in your twenties article titled "7 years to 7 figure wealth?" I am an eighteen year old looking to start real estate investing and would like to follow this plan. The numbers all seem realistic and it would take $20,000 down payment. I eventually want to own large apartment complexes, but see this as a good way to earn my first million. Comments or suggestions needed.
Most Popular Reply
#3 Questions About BiggerPockets & Official Site Announcements Contributor
- Investor
- Maui, HI
- 3,949
- Votes |
- 13,324
- Posts
#3 Questions About BiggerPockets & Official Site Announcements Contributor
- Investor
- Maui, HI
Hey Luke Faulconer - That's me! I kinda feel famous now :)
The "7 Figure" book was my sort of "personal philosophy" for investing. It definitely is "ideal", as all the numbers are nice, clean round ones. Essentially - the book is just the Monopoly game put to real world numbers. I try not to advocate this as a "plan" or anything. Just my thoughts put on paper :) Take what you can from it, add more, subtract. It's just kinda a "big picture" look at how ideal real estate investing works!
Thanks and good luck! Keep close to BiggerPockets and you'll learn a hundred times more than just that PDF! These forums are how I learned how to do almost everything in real estate (plus a million books.)
Also - feel free to introduce yourself over in the "New Member Introductions" forum page! Welcome to BiggerPockets!