Six Units Before my 22nd Birthday - Goal of 100 by 27

[Axel Ragnarsson]

Hey everyone,

A few weeks ago I hit an exciting personal milestone and wanted to share it with all you great folks here on BP. In the beginning of September, I closed on another three unit property in Manchester, NH. The purchase price was 250k, and current rents are $3,600 a month. My portfolio now consists of a total of six units (two triplexes), both acquired in the last six months and all before my 22nd birthday. 

If it wasn't for the BP forums and podcasts I would not have been able to get started and have so much confidence early in my investing career. Being so young, creative financing is the only avenue in which I can purchase real estate, and the resources on BP have been invaluable in understanding how many different financing options there are. For all the young members - It IS possible to buy real estate despite having minimal income and no history in the business.. It just takes a lot more time and effort. When I turned 21 I set a goal that I wanted to acquire 100 units by my 27th birthday, and I feel that if I continue to grow and scale my business that it is becoming achievable!