Episode #1117
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This investor turned $6,000 into financial freedom in just six years. He did it in a major market and became a millionaire by age 28 simply by repeating this beginner-friendly rental property strategy over and over again. And, even though he started earlier, you can STILL buy properties like his, at affordable prices, that cash flow, in the same market today. Where is he investing, and how did he scale up so fast? Weâre breaking it all down in todayâs episode.
Jeremy Taggart saved every dollar from his college internship, knowing he wanted to invest in real estate after graduation. He bought his first house, a small multifamily, for just $6,000 down, lived in it, did some DIY renovations, and increased the value. Thanks to the rent savings, he bought another property the following yearâthis time, making $50,000 (tax-free!) by fixing it up.
This was just the start of the ârinse and repeatâ strategy that would turn Jeremy into a millionaire before he was thirty. But it wasnât easy. Jeremy was fired from his job, had to start working for himself, and did what many real estate investors wonât. The result? Complete financial independence less than a decade after graduating college. His strategy still works in 2025, but will you use it?
00:00 Intro
01:16 Learning About Rentals in College
04:09 First Rental for $6,000 Down!
10:00 Making $50K âBRRRRingâ
12:10 Sponsor: REsimpli!
14:19 Getting Fired, Becoming an Agent
16:48 Best Repeatable Rental Strategy?
21:55 Achieving Financial Freedom, ButâŠ
25:47 Most Affordable Market
29:37 $1,000,000 Before 30!