Did you know you could turn less than $300k into a real estate portfolio that is worth over $1 million? It is actually easier than you might think. By using leverage to purchase 6 investment properties, you can use the cash flow generated by rent to pay down your mortgages.
At year 16, after the mortgages are paid off, you’ll have amassed a real estate portfolio that is worth over $1 million. Additionally, it will be paid for free and clear. This portfolio will continue to grow through appreciation, and now that the mortgages are paid off, it will generate over $60k per year in cash flow that goes directly into your wallet.