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.
General Real Estate Investing
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 about 2 years ago, 11/28/2022

User Stats

30
Posts
15
Votes
Andre O.
15
Votes |
30
Posts

Purchasing 10+ Years of Runway Strategy - Thoughts?

Andre O.
Posted

The above image is to get a clearer picture on finances on the below scenario.

Plan: 

-Purchase 3/2/1 car garage townhome. Adhere to strict screening to provide great housing for two suitable tenants and myself.

-Continue working on business and creating/building other projects.

-12 months income provides for +/- 10 years of runway capital. Maybe 15 or 20 at the above annual expenses/living scenario.

-Business remains operational, project continues to be built, lifestyle remains relatively the same. (Food is cooked and delivered to home, beach is a 10 minute drive).

-Within 24 months there is 20-40 years of runway to work on/continue creating whatever I desire in life. If project begins taking off, may perhaps no longer need to rent to roomates and still have a long runway.

-Allows for placing big bets and aggressive investing in future ventures. If they go to 0 it’s really not the end of the world. 

Assuming the above to be the worse case scenario it’s not particularly a bad life. At some point a wife and kids will be desired and that changes finances a bit. It would look different, but I strongly believe it will be manageable.


This all looks good on paper. But what am I missing in reality? What counter arguments could you make to my strategy? Please help poke holes on the plan to provide for a better vantage point. Needing better information if my assumptions are off. Thank you!

Loading replies...