Late Starter’s Guide to Real Estate Investing (Start in Your 40s–50s!) | Bigger Pockets Video

Episode #1155

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Is it too late to invest in real estate if you’re in your 30s, 40s, or 50s? No!

Today, we’re giving you the exact blueprint to retire in 10-15 years, even if you’re starting in your 50s with a median income and average savings. Got a small sum stashed for retirement and looking to real estate for relief? If you follow this strategy, you too could have retirement with plentiful passive income not too far in the future. We did the math—it’s totally doable.

Tired of seeing 23-year-olds flaunt 50-unit portfolios on social media? You DON’T need to be in your 20s, have a high income, or get a large inheritance to retire early with real estate. The average American can still do it in just over a decade.

Dave is giving you steps to take today to start on that journey, and he shares his fully mapped-out strategy for achieving early retirement in 10 to 15 years, regardless of your current age. Plus, how to “audit” your resources so you know the best strategy for you to take to reach your (early) retirement goals on time!

0:00 The Late Starter’s Guide
3:07 1. Start with Strategy
5:04 2. Assess Your Resources
7:34 Audit Your Money
11:16 Audit Your Time
13:08 Audit Your Skills
14:33 3. The 40+ Year Old Blueprint
17:24 Replacing Your Income
23:52 Retire 10+ Years Early!
26:45 4. Repeat the System (and Retire)
33:09 Need Money? Do This