Updated over 2 years ago on . Most recent reply
If you have reached FI through REI, how did you do it?
Curious and impressed by people who have done it, and eager to learn how! Would be cool to hear how you started, and what you have done to reach financial independence through real estate investing.
Most Popular Reply
You start by focusing on that first rental, fix flip, mortgage note, etc that will cash flow and then you reinvest the income received into another property and it compounds over time. My first property was a rental and bought several over time with bank financing and then started buying property creatively (owner finance, subject to, etc) and now invest in mortgage notes, private lending and syndication investing. Now I have over 100 income streams. Read the book The Compound Effect by Darren Hardy.