How to Become a Millionaire in Real Estate (Part. 1)
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 Published On Sep 9, 2021

Want to know how to become a millionaire in real estate? You better ask the experts!

You probably know Brandon Turner and David Greene as multimillionaire real estate investors. What you may not know, is that a decade ago this was a very different story. Brandon didn’t grow up in a wealthy family, and by his 20s, had packed on about $20,000 of credit card debt while spending $1,000 more than he could afford each month. David grew up in a family where finances were a constant stressor, he later vowed to himself that he would never let money problems hurt him or the people he loves.

Now, both Brandon and David have made the long journey from rags to riches, and through investing in real estate they were able to pull themselves up by their bootstraps and reach financial independence. Today, we talk through the first five (of ten) steps that helped Brandon and David reach this financial feat.

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Get Tickets to BPCon 2021:
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Grab the books mentioned in today’s episode:
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Create Your Dream Life in 3-5 Years Using Vivid Visions:
https://www.biggerpockets.com/blog/bi...
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You Need A Budget Software:
https://www.youneedabudget.com/
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How to Track Your Expenses Properly:
https://www.biggerpockets.com/mindyme...
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Follow Brandon and David on Instagram:
@beardybrandon or   / beardybrandon  
@davidgreene24 or   / davidgreene24  

Episode 503

Show notes at: https://www.biggerpockets.com/show503

0:00 Intro
8:35 Quick Tip
10:46 #1: Aim for a Target
23:24 #2: Have a Scalable Income Source
34:15 #3: Fight Lifestyle Creep
41:14 #4: Buy Assets with Extra Income
54:33 #5: Stair-Stepping
59:15 Incorporating the BRRRR Strategy
1:02:52 Reviewing The First 5 Steps

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