Just turned 20, "Retire" by 25?

[John Belluardo]

Hello BP Community!

My Name is John Belluardo and I am a junior accounting student at Ohio State. I just wanted to introduce myself and start to connect with the community. I have been studying real estate for the past couples months, saving a bit of money, and trying to build my credit. I have decided that I would like to use "buy and hold" investments to build wealth through cash flow and slowly increasing equity. A goal of mine is to create enough income through real estate so that I have the option to "retire" from the corporate world by the age of 25 to transition to real estate full time. I just turned 20, and am currently wanting to start investing in Columbus, OH. I do have student debt but I am looking to "house hack" my first duplex/triplex by the time I turn 21. I have and internship with an accounting firm for this winter so ideally when I graduate I will have a nice 9-5 income to invest with. My investing goal is to have 50 doors by 25 that cash flow at least 100 dollars a month.

What are your thoughts?

If you're in Columbus or a similar situation I would love to connect and hear what you have to say.

Any thoughts on the Columbus, Ohio market? or creative financing to be able to buy a house with student loans?

Thanks for taking the time to hear my story!

[Brad Clarizio]

Hi John,

Same story here, same city, too! I started at 21 by flipping houses and eventually got into rentals at 22. At 26, I own 8 SFH's and 1 duplex, and am probably around 6 months from "retiring" from the corporate world. I literally think about it every day. It can be done. Make your goals uncomfortable and have a plan. Last but not least, don't get analysis paralysis. Take a plunge! As someone said above, there will be quite a few different paths.

I'm happy to connect- I live in Hilliard but work near the airport. What helped me was meeting up with @John Horner to hear a real life example of someone doing this. Since then, I've been laser focused on making my goal come true, and I'm so close I can taste it.