Lee, one of my clients received a $50,000 inheritance at age 18. He asked me to find him 4 to six residential units. He purchased the sixplex, rehabbed it, raised the rents and told me to resell it. I then found him 12 units to exchange into; then 18, then 24, then 30, then 48, then 60. Within nine years Lee had a net worth of about $5 Million. Not bad for a young guy who was retired at age 27.
