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All Forum Posts by: Brice Poole

Brice Poole has started 1 posts and replied 2 times.

Post: Starting out: Buy One a year or Pay One off?

Brice PoolePosted
  • Posts 2
  • Votes 0

Thank you to everyone for the help. I do believe we have different risk profiles but I also believe he can see my side as well as all of your opinions on the benefit of not being too conservative.

Post: Starting out: Buy One a year or Pay One off?

Brice PoolePosted
  • Posts 2
  • Votes 0

I am 21 and would like to start building wealth with passive income. My cousin and I are going to partner to start building a real estate empire. I personally would like to continue buying properties to rent out every year but he feels that is risky and will lead to unpayable debt. He would rather pay a property off first before buying another. Can I receive some opinions on the options and what I should tell him to convince to build wealth faster.