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Updated almost 6 years ago on . Most recent reply

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23
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Nicholas Munford
  • Real Estate Agent
  • Tampa Florida
34
Votes |
23
Posts

Why Did You Get Into REI?

Nicholas Munford
  • Real Estate Agent
  • Tampa Florida
Posted

When you decided to get into REI what was your why (your drive) to get into the business and succeed?

Personally, my why is to past my knowledge on to others, specifically, those less fortunate and unsure of where they will go in life. I want to be able to give young adults the prospect of another path that they can go on as adults.

If you're just staring out, if you're a seasoned veteran or if you've lost sight of your why and need a refresher. Discuss what your why is because it will encourage me and hopefully others too <3

Most Popular Reply

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2,953
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4,475
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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
4,475
Votes |
2,953
Posts
Alexander Felice
  • Guy with Great Hair
  • Austin, TX
Replied

I was broke, working a job I hated, with a tyrant of a boss, had few life skills, a bunch of debt, and no end in sight. 

Then I realized real estate (when purchased at a discount) can create equity, be rented for high cash flow, and comes with good tax deductions. I run the portfolio passively and it's simple enough for an idiot like me to retire off of in just a few years. 

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