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episode 481: Building a $1 Million Net Worth in Only 3 Years by Investing in Real Estate
Most people know that investing in real estate is one of the best ways to reach financial independence, but very few ever take action. Once today’s guest discovered the potential of real estate, however, it became his obsession. Despite starting out on a low military salary, he built a million-dollar net worth in just THREE YEARS!
In this episode, we’re catching up with entrepreneur, investor, and repeat guest Jabbar Adesada. Since we last spoke with Jabbar, he has only doubled down on his real estate dream and journey to financial freedom—dabbling in several different investing strategies and teaming up with a partner to get more deals done. Today, Jabbar owns a slew of short-term rentals and long-term rentals, has completed several BRRRR projects (Buy, Rehab, Rent, Refinance, Repeat), and has more than a dozen construction projects in the works.
If you want to reach your FIRE goal as soon as possible, tune in to hear how Jabbar used real estate to expedite his journey. He shares how he was able to save up for a down payment with a low income, get his first home loan with almost no credit history, and rapidly increase his income!
In This Episode We Cover
Reaching financial independence by investing in real estate
How Jabbar built a million-dollar net worth in only THREE years
Combining multiple real estate investing strategies within your portfolio
How to choose the perfect real estate market to invest in
Finding a partner and building out your real estate network
And So Much More!
Links from the Show
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Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums
Finance Review Guest Onboarding
Join BiggerPockets for FREE
Mindy on BiggerPockets
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Apply to Be a Guest on The Money Show
Podcast Talent Search!
Money Moment
Grab Your Copy of “First to a Million” by Dan Cheeks
20-Year-Old Minimum Wage Marine with $850k in Real Estate
Coast FI in 4 Years: Cutting Expenses, Doubling Your Income, & HUGE Savings
Click here to check the full show notes: https://www.biggerpockets.com/blog/money-481
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