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Updated almost 12 years ago on . Most recent reply

Account Closed
  • Real Estate Investor
  • Leawood, KS
6
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7 years to 7 figure wealth?

Account Closed
  • Real Estate Investor
  • Leawood, KS
Posted

Has anyone been exposed to the real estae in your twenties article titled "7 years to 7 figure wealth?" I am an eighteen year old looking to start real estate investing and would like to follow this plan. The numbers all seem realistic and it would take $20,000 down payment. I eventually want to own large apartment complexes, but see this as a good way to earn my first million. Comments or suggestions needed.

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Brandon Turner
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  • Investor
  • Maui, HI
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Brandon Turner
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#3 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
Replied

Hey Luke Faulconer - That's me! I kinda feel famous now :)

The "7 Figure" book was my sort of "personal philosophy" for investing. It definitely is "ideal", as all the numbers are nice, clean round ones. Essentially - the book is just the Monopoly game put to real world numbers. I try not to advocate this as a "plan" or anything. Just my thoughts put on paper :) Take what you can from it, add more, subtract. It's just kinda a "big picture" look at how ideal real estate investing works!

Thanks and good luck! Keep close to BiggerPockets and you'll learn a hundred times more than just that PDF! These forums are how I learned how to do almost everything in real estate (plus a million books.)

Also - feel free to introduce yourself over in the "New Member Introductions" forum page! Welcome to BiggerPockets!

  • Brandon Turner
  • Podcast Guest on Show #92
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