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.
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 5 years ago, 07/25/2019

User Stats

31
Posts
3
Votes
Jeremy Willis
  • Annapolis, MD
3
Votes |
31
Posts

If you were me what would you do in my situation?

Jeremy Willis
  • Annapolis, MD
Posted

I’m new here and have a few posts with some great feedback. Though I feel I should have started with this post from the beginning.

I’m 40 years old, single, no kids, no debt ($300.00 to $700.00 gets floated on my visa monthly), I have a good job making 85k annually (could be 95k by the years end), 10k in savings, and good credit somewhere in the high 700s to low 800s. I pay 1200 a month in rent with no utilities. I have retirement but only started my current job 3 years ago.

My situation is fairly decent except for my age. I got my act together a bit later in life. I want out of the rat race. I want cash flowing properties preferably multi family units. I do live in Maryland which is an expensive state to live. Would love to be able to leave my job and my state in the near future supporting myself and also building wealth with a minimum 7 figures goal. What would you do/suggest if you were in my situation?

Loading replies...