How do you make a living off REI

[Jordon Mayo]

So after analyzing deals and looking at profit made and how much of a down payment I could afford after x amount of years in my first property, I am just not seeing how, “30 doors in 30 months” or 100 doors by 30” is even realistic? How are people doing this if they truly are starting with less than 50k? In four years with a down payment I can afford I will be able to afford a 300,000k home and that will put me at 26 then 30 and so on. I understand this isn’t a get rich quick thing but growth here is possible but in order to be able to get out of the ‘9-5’ it would take me a considerable amount of time and i will have already been retired anyways? The growth with my plan just isn’t as fast as it seems it could be. What am I missing? Thanks in advance!

[Austin Fruechting]

BRRRR-ing is how you can get there the quickest. LOCs can help fund the BRRRR process as well. After you build up a little track record, you can start using investors for the capital. I talk about these quite a bit in my podcast (link in signature). I started at 25 without much cash. Retired at 32 this year. Currently at 156 total units, my ownership equates to 101.

I've only done of these (and it was this year) but 1031 exchanges can help scale up at an accelerated rate as well.