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Updated 9 months ago on . Most recent reply
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This history teacher profits $45k/mo from his rental properties
Saw this news article and was inspired to share it here!
Dominic is a history teacher in Chicago who clocks in $45k/mo from a real estate portfolio he started building 27 years ago. There's nothing different about him compared to you. He's a regular guy who worked hard, lived below his means, and invested as much as he could in buying property. No, this is not the sexy HGTV-style version of real estate investing - it's the real wealth-building kind. It's also proof positive that you do not need to start off wealthy to do it. You don't need to be in the trades or have a background in construction, or finance, or anything else. You don't need to be a genius or have specialized knowledge. You just have to START, and KEEP GOING.
So, will you be the next Dominic?
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Quote from @Alex Fenske:
Good share. Notice he started in the 90's without a BiggerPockets calculator, without the forums, without 50 different books on how to invest, without AirBnB, and so many of the tools we have today. He followed a simple formula: save money, buy in an area you know, like, and trust, then rinse and repeat while learning along the way.
- Nathan Gesner
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