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Updated about 7 years ago, 11/25/2017

User Stats

18
Posts
4
Votes
Jordon Mayo
  • Banker
  • Memphis, TN
4
Votes |
18
Posts

How do you make a living off REI

Jordon Mayo
  • Banker
  • Memphis, TN
Posted
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!

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