All Forum Posts by: Naomi Moore

Nathan:

I made the 4m an internet entrepreneur, I made several million with my first business but it was my second (Amazon) business that I sold which made a lot.  It has brought me up to 5 million net worth. 

Can I replicate what I have done?  Honestly I never know. When I start a new project I start all over again and its hard to feel confident with it.  

I just thought real estate might be more stable, so I posted in here with a dream and a "what if" situation.  

10k a month is not that much money, you're correct.  No, I am not salivating over it.  But, if rental RE something scalable and fairly secure, I am interested in it.  

I have a wealth manager but the returns are not as exciting so I thought I'd do a few what-ifs with real estate.  

Joe S: 

“What if” game again.

If I would've never said "what if", I wouldn't have had entrepreneurial success that I've had.  Saying 'what if', dreaming, taking risks, and actually looking for shortcuts / leverage is actually a big factor to what's made me successful. 

Imagine you had 4 million to invest, and a credit score of 832.

What would you do with it to make as much money as possible?

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I don't know anything about real estate, but if you can help me with this I might really get excited! 

Someone I know owns a vacation rental that they paid 650k for, and it looks like it rents out at least 10k a month (just looking on VRBO).

So it gets me thinking -- if someone had 4 million .. could they buy 30 properties like this?

So 20% down on 650 = 130k

4 million / 130k = 30 rental properties

Could someone with 30 rental properties make 300k a month with a 4 million investment?

I realize its a bit far fetched, and would be a headache, but someone could easily be hired for six figures to manage it all. 

Thanks a lot