BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 4 years ago,
17 going for $1,000,000 in rent
I'm 17 years old still in high school. I've been doing stocks for about 3 years and have done very well, but the end goal is real estate.
I want to hear your opinion on how realistic these goals are and if you have any advice that would help a ton.
I'm going to use the BRRR strategy to build up the base of my portfolio the money for down payments will come from money invested in the stock market. I will continue this process intel I have built up enough money to go into more commercial real estate.
The goal is $1,000,000 in cash flow by 50 years old.I understand there are a lot of unknown factors but are my expectations set to high for real estate or is this achievable?