In our second episode of Real Estate Investor Stories, we meet Bad Luck Bobby and learn what happens if property values and rents don't always go up as a Nomad™.
Bad Luck Bobby's situation:
- 26 years old
- Willing to save money from his paycheck to achieve financial independence
- Works in tech support
- Earns about $5,000 per month
- Able to save about $1,000 per month on his income
- Wants to retire early and earn at least $4,000 per month (ideally more over time)
- Single bachelor
- Has about $30,000 saved
- His local real estate market (prices and rents) have been rising for many years… he's afraid he's going to miss out on the market
- As soon as he starts buying the market starts going down and goes down for 6 years
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Bobby - What Happens If Values and Rents Do NOT Always Go Up As A Nomad™ with 2
Accounts, 1
Property, 13
Rules,
Or, read the detailed, computer-generated, narrated Blueprint™
Other Real Estate Investor Stories
Here are other Real Estate Investor Stories.