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15 August 2024 | 34 replies
If I stuck with the original mindset, it would have taken me at least 10-15 years of investing and still working W2 to achieve a meaningful return that I could live on.
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11 August 2024 | 4 replies
However if I do a BRRRR I can achieve infinite return by extracting all of my investment.
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13 August 2024 | 15 replies
However, once I committed to it and viewed it as a business, I was able to achieve FIRE after a couple of years of hustle.
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10 August 2024 | 5 replies
I want to become a multi-family investor to achieve financial freedom.
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13 August 2024 | 69 replies
But that's what investing is.....deploying capital to achieve a return based on risk.
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14 August 2024 | 64 replies
Yeah, we both want to have the tallest buildings, but we don’t have to tear down everyone else’s building to achieve that.
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9 August 2024 | 8 replies
Do you have a family member or friend who's achieved what you want to achieve?
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9 August 2024 | 0 replies
Using the 50% rule (taxes, insurance, Capex, maintenance, vacancies, property-management), that should give us ~19K/month in pre-tax profits that achieves our 10k/month financial goal after-tax and adjusting for inflation.Our assumption is that building new-construction would reduce capex & maintenance the first few years.
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11 August 2024 | 49 replies
So presuming you are on the "add one rental a year plan" after maybe buying 4 with the money you have, I would think it would take a number of years to achieve that retirement goal - but your mileage could vary depending on how much income you need to live on.
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15 August 2024 | 86 replies
Highest ROI, especially in markets that appreciate faster than inflation, is achieved at highest leverage.