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Updated almost 3 years ago,

User Stats

17
Posts
7
Votes
Noah Dexter Leslie
  • New to Real Estate
  • Walls, MS
7
Votes |
17
Posts

5 year blue print from Newbie

Noah Dexter Leslie
  • New to Real Estate
  • Walls, MS
Posted

So, being financially free in 5 years has been in my head for awhile. I’m 21 and being 26 and able to quit doing HVAC full time and have rentals and so much more freedom sounds amazing and it’s what fuels me. 
I have a 5 year blue print written out for a goal of $5,000/m in cash flow by the time I’m 26. I tried a few different ways of getting this, Ex. Accumulating $1,000/m in cash flow for 5 years is an obvious way. 

My definite chief aim is $5,000 a month in cash flow in 5 years. I want to invest in SFR. It’s what I’m sticking with unless I find a greater formula. It’s my #1 goal. And I’m putting it out there to be known.

I don’t have any deals and very few relationships with any investors, agents, lenders. I have tried a little bit of wholesaling with Bryant brislin I met here on biggerpockets. (One of the coolest people I’ve met) but I felt like it wasn’t for me.

I have been learning about RE investing for a while but haven’t really made any moves mostly out of fear of borrowing huge sums of money and taking loans. I’ve been analyzing deals from my local area on Zillow  everyday and learning the lingo and how to adjust numbers to get the purchase parameters I want. I go to a investors group once a month but I haven’t had made any connections (given I don’t really talk at all when I’m there but have meet some cool people) 

I know what I want and I understand I still have to develop skills, habits, and relationships to get me where I want to be, but that’s what I’m here for. Thank you

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