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Updated about 9 years ago on . Most recent reply
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If you could rewind time back 8 years, what would you do diff?
BP,
This question arises from a goal I've set for myself to become a millionaire within 8 years (my 30th birthday) and have a monthly rental income of $10K+ (this is the minimum) a month.
So, knowing what you know now, if you could get those 8 years back, would this be possible for you? Is this a reasonable goal for me (I'm still going to try even if it isn't)? Would you get it sooner than 8 years? What was your steepest learning curve?
Thanks in advance for your answers/perspective.
Most Popular Reply
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- Rental Property Investor
- East Wenatchee, WA
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I would have seen the great recession coming. Would have sold all RE in '07 and shorted financial equities for a few years, then bought everything in in sight in 2011!
Seriously, I would have stayed leaner. House-hacked early on, then would have bought and sold my primary every 2 years. Can't beat those tax-free gains!