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Updated over 4 years ago on . Most recent reply

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Stetson Campbell
  • New to Real Estate
  • Salt Lake City, UT
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Doubling your investments every year

Stetson Campbell
  • New to Real Estate
  • Salt Lake City, UT
Posted

Would you all say that it is impossible or achievable to double the amount of units bought every year for 10 years? For example your first year you buy one, next you buy two, then four and so on. If so, how much do you think you could be earning at the end of those 10 years? I've heard Brandon mention this in many podcasts, videos, webinars, etc. and have run my own numbers on the matter but am curious to see what others come up with.

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Mark H. Porter
  • Investor
  • SC NC, VA
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Mark H. Porter
  • Investor
  • SC NC, VA
Replied

Start with 1 and get to 500 units in 10 years? I’d say you’d be netting $100G per month.  By yourself, I’d say no.  The only way you could get there is by continuously buying undervalued properties, rehabbing, jacking rents, refinancing, and do it not again, but twice as many times the next year.

You’d need a helluva motivated team.

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