Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Goals, Business Plans & Entities
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 over 7 years ago,

User Stats

2
Posts
1
Votes
Brad S.
  • Fountain City, WI
1
Votes |
2
Posts

Realistic goals for real estate investing after college

Brad S.
  • Fountain City, WI
Posted

I'm currently a 20 year old sophomore in college majoring in Electrical Engineering. After college, I plan on investing around 20k of my income per year into real estate using the BRRR strategy and living off the other 40k of my income (assuming I am making the average starting salary of Electrical Engineers). My parents own college rental properties so I grew up helping them rehab houses so I have an idea of what I'm getting myself into. I plan on doing as much rehab as I can in my spare time and hiring contractors to help with the rest because I'll also have a full time job. I also don't want to buy any properties while in college because I probably won't end up living in the city my college is in so ideally I'd buy my first property after college. My goal is to buy a million dollar building by the age of 30 with the refinance money from my residential properties, but I'm not sure if this is too lofty of a goal. What are your thoughts? Is this feasible?

Loading replies...