Four years of college roughly $100,000.
Down payments on four one-bed condos roughly $100,000.
Average weeks pay, blue collar, without college roughly $800. Work an extra 10 hours a week roughly$200/week or $10,000 year.
In 2.5 years, save another $25,000 down payment and buy another condo.
Theoretically, if you investment money on real estate rather than spent money on tuition and you worked 50 hours a week, in five years you’d own six income-producing condominiums. In 25 years, probably sooner, you’d own these units free and clear of debt.
Theoretically, if you had to save the initial $100,000, you probably want to work 60 hours a week for six years, figuring that you’d buy one condo per year.
Theoretically, by implementing this plan in 25 years or less, you will be among the top one percent of wealthy people in the world.
Is this theory? Or, is this fact? Have fun, get creative, but do the math.