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Updated about 7 years ago on . Most recent reply
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Newbie with 75k from Hampton Roads/ Norfolk, Va
I am Michael and I have been stacking paper for a few years to begin real estate investing. I have a full time job with the DOD and am in college as an accounting major. I joined BP because it seems to be an education and mentorship style site.
My Full schedule limits the amount of time I can commit to real estate and think I will do best with turnkey rentals. I prefer to pay with my own cash for the first few homes.
My goal is to cash flow 10k a month by the time I turn forty currently I am in my mid-twenties
If you were I what would you do? (Broad question on purpose)
Any advice is appreciated.
-Michael
Most Popular Reply
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@Michael Papps congrats on stacking that paper! My advice: keep it in the bank right now and get more financial education. Read/Listen to some books; not just podcasts. Study people who've already achieved your goal. Also, may want to rethink your goal. Pick up 10x Rule by Grant Cardone and aim higher young man! :)
Also, be very selective when selecting mentors, authors, people with "advice" and so on.
Go get it!
- Ivan Barratt