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? We’re breaking it all down in today’s 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 year—this time, making $50,000 (tax-free!) by fixing it up.
This was just the start of the “rinse and repeat” strategy that would turn Jeremy into a millionaire before he was thirty. But it wasn’t easy. Jeremy was fired from his job, had to start working for himself, and did what many real estate investors won’t. 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 “BRRRRing”
12:10 Sponsor: REsimpli!
14:19 Getting Fired, Becoming an Agent
16:48 Best Repeatable Rental Strategy?
21:55 Achieving Financial Freedom, But…
25:47 Most Affordable Market
29:37 $1,000,000 Before 30!