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Updated about 7 years ago on . Most recent reply

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11
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Matt Crawley
  • Flipper/Rehabber
  • Salt Lake City, UT
3
Votes |
11
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Is it too late to start at 48 years old??

Matt Crawley
  • Flipper/Rehabber
  • Salt Lake City, UT
Posted
Hello BP’ers, I’m new to BP but not entirely new to REI. I’ve owned rentals and vacation property but lost it all in an ugly divorce. I’m now 48 years old and starting over with not a lot in the bank. I hear a lot of success stories here but most of them are from young folks with MANY years of wealth building ahead of them. I would love to here success stories of folks who started from scratch in their late 40’s - early 50’s.

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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
7,430
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6,871
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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
Replied

Yes , you are too old . You have 1 foot in the grave and the other in a banana peel . You should be looking into nursing homes , and getting one of those buttons around your neck " I have fallen and I cant get up "

I am 56 with a 9 year old and a 12 year old ,  I started those late , I try to buy one rental a year .

Its too late only  when you are pushing up daisys 

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