How to Retire in Three Years Through Real Estate Investing

Are you looking to retire in the next several years? Here’s how real estate can get you there – no matter where you are starting from!

Read more at https://www.biggerpockets.com/renewsblog

20 thoughts on “How to Retire in Three Years Through Real Estate Investing”

  1. Brandon, I have three rental units plus my primary residence. My issue with your hefty 30 unit goal is the vacancy rate. I'd loose sleep over how many tenants are gonna screw me at the end of each month. What's your safe guard for 30 units of rolling passive income. It sounds too risky to me. I do one deal at a time, get the wheels rolling then continue

  2. I have a question for a real estate guru. I acquired a home at around $60,000 below value from family and want to turn a profit. The price for the house was set at $110,000 and is worth around $170,000. Our family friend is old and wanted to give us a good deal but also told us we can do whatever we choose with the property. This is all drawn up in a trust through a lawyer and we are on the deed of the property. We have a limited time to pay this house off at a fixed price of $110,000 but when this person passes we have 1 year to get a traditional loan to pay the balance, that means interest and probably a higher payment. The house needs some minor updating and repairs but nothing major. I would love to pay the home off then sell and make a nice profit but money is tight and we are on a fixed income. We are sitting on such a great deal and have no idea what we should do! The thought of this deal slipping through our hands is killing us, we don’t want to get a traditional loan and get robbed on all the interest and a 30 year loan if were not able to pay it off in time. Please help any recommendations? I would like to use this property as an impetus to start a career in real estate investing.

  3. I know a lot of people advise you to leverage the shit out of your properties. This us a horrible idea. If you depreciate them for tax savings and end up in a situation where you have to sell them off the IRS will eat you alive.

  4. For all you new real estate buyers out there. I would say start small. Maybe give out room on rent in the house you currently living in. Start by saving more money on down payment. Then think of buying town homes or semi detached units. It's very hard to find a mortage for a second home unless you have a really good job and I mean job that pays 100k + a year.. and permanent.

  5. These investment properties require a 20 to 25% down payment. Let's say you're in it for 50k a unit and @ 30 units you'll need $300,000 too $375,000 for down payments each year. Not to mention if you earn $50,000 a year with no debt and you buy 2 fourplexs at 180k each in the first year, that's 72 to 90k down payment and maybe $1,800 to $2,000 a month getting close to 42% debt to income ratio. If a bank allowed you to leverage more debt based on the first years income I still don't see how you could do it.

  6. Ira still have parades every year taunting the public. You think they are inactive but the youth is being brainwashed to carry on the legacy. Watch this


    boycot ireland till the threat is neutralised. Gadafi had ties with ira And lybia is now… Well… Arabia

  7. Ira still have parades every year taunting the public. You think they are inactive but the youth is being brainwashed to carry on the legacy. Watch this


    boycot ireland till the threat is neutralised. Gadafi had ties with ira And lybia is now… Well… Arabia

  8. Have yall not researched this at all? Everybody is doubting and talking out of their asses. This is possible… Although 30 units in 36 months is a stretch. But very possible and $100-$200 is at the low end regarding cash-flow

  9. Is it foolish to get into real estate to rent out to tenants if you have less than 6 months salary in the bank but $150k equity in my current house that I live in? No other investments.

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