Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Starting Out
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 6 years ago on . Most recent reply

User Stats

1
Posts
0
Votes
Arleen Mason
  • Rental Property Investor
  • Burlingame, CA
0
Votes |
1
Posts

Question on 7 years to a 7 figures

Arleen Mason
  • Rental Property Investor
  • Burlingame, CA
Posted

Has anyone read 7 Years to 7 Figure Wealth by Brandon Turner?

I just finished reading your book.   Great book.   I'm new to investing and I am trying to read as much as I can to educate myself.  I have two questions.  I understand the concepts laid out in your book but I do NOT understand 2 very important fundamentals of the plan.

1.  If a property is worth $100K, how would you be able to purchase it at a 20% discount or for $80K?

2.  In the plan the appreciated on the property is 10% in year one and 4% there after.  The 4% makes sense to me, but I am struggle to understand how the property would appreciate at 10% in year 1.

THANKS.  Appreciate everyone's time and insight.

Loading replies...