Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

11
Posts
34
Votes
Rahul Visal
  • Rental Property Investor
  • Oacbrook, IL
34
Votes |
11
Posts

Retired At 40 years old (Busy Professional To Full Time Investor)

Rahul Visal
  • Rental Property Investor
  • Oacbrook, IL
Posted

Just joined the BP site and wanted to put my 2 cents in. I started like most immigrants. You come to America the land of opportunity. You work and make money. You save and work more and make a little money. You save some more and then you start thinking is that all there is to life. 

I always wanted to invest and do something on my own since I finished college back in India but you get a job and rat race starts. 

Well happy to say that I started investing seriously and with 18 months accumulated about 14 properties. Rest is history as they say. At 40 I was able to walk away from my job. 

It's was big milestone for me because it gave me the freedom to build my own real estate business. I mostly invest in Single Family properties. The goal is get them all paid off before I am 46. At this point I at 53 properties. The goal is 125. 

Just a few short years ago I would never though this was possible. 

Most Popular Reply

User Stats

8
Posts
13
Votes
Jeffrey P.
  • Livingston, NJ
13
Votes |
8
Posts
Jeffrey P.
  • Livingston, NJ
Replied
Originally posted by @Steve Vaughan:

Many congrats @Rahul Visal!  Inspiring story to be sure.  Love how your goal is to pay them off, as that's mine too. 

Are you self-managing?  Your post title says 'retired'.  I have been 'retired' for years, supposedly.  Sometimes this 'passive'  income as a self-manager feels far from retirement!

I wouldn't think 'flips' on a small scale wouldn't be much like retirement, either.  Be careful soft-selling/ promoting other products, especially with only 3 posts.  Congrats all the same if real!

I'm not sure, but it seems like one company that is soft marketing its business.  Rahul, Ed Boutros, Andrew Holmes, Vince Dyer, and possibly some others all work for the same company in Chicago.  Don't get me wrong, I'm not accusing them of spamming the boards or anything like that but a lot of the video material seems (to me, at least) very infomercial-like.  I'll of course give the benefit of the doubt and just assume that they're all excited for each other but something just seems off to me.  I'll be the first to admit I was wrong if my assumptions are off.

Loading replies...