ARE YOU fed up of working a boring 9-5 office job and barely having enough money once your bills are paid?
Well, one woman has taken to TikTok to share her story of how she has £12 million in assets and it’s pretty impressive.
Linda, aka ‘lindafinance’ on TikTok has shared multiple videos detailing how she has made her fortune in real estate.
In Linda’s first year into real estate she had less then $500k in assets, but six years later, now has a whopping $17+ million in assets.
She said: “When you realise you started with a single family home at 21 years old and now you’re 27 with $17+ million in assets.”
Linda revealed that it took her a couple of years to quit her job and do this full time but has persevered in order to succeed.
Linda is only 27 years-old but is able to afford a fancy BMWi8 thanks to her savvy business ventures.
So how exactly has Linda made her fortune?
She explained in simple steps: “Buy, renovate, rent, refinance, repeat.”
She said: “I invested my money into real estate.
“Bought a drop-shipping business.
“One on one mentorships.
“Made a lot of mistakes along the way.”
Linda revealed that she has “over 180 units” that she rents.
For those debating whether to invest in real life, Linda has given three reasons why you should.
She said: “It’s one of the safest investments with high returns.
“Allows you to make passive income.
“Real estate usually appreciates in value over time allowing you to build equity.”
If you are on the edge about real estate and want some reassurance, Linda has gone through some assumptions that she often hears to put you at ease.
One common assumption Linda gets is “Real estate is so risky” to which she responds with “It’s actually one of the safest investments you can make for you and your family.”
Another thing that Linda often hears is people saying “You barely make money in real estate” to which she says “With everything else, you have to be consistent and grow your portfolio in order to see massive results.”
A final thing that Linda addresses is people saying to her “Wow, the amount of properties/units you have is impressive” to which she confirms “Grateful for what I have, however, it’s not as much as where we want to take our company in the future but loving every process of it.”
Linda has revealed her top four investing rules for anyone wanting to get involved in the industry.
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She said: “Educate yourself first before investing in anything else.
“Don’t invest in anything you don’t know or fully understand.
“Invest in real estate for cash flow, appreciation and tax right offs.
“Always be willing to invest your money into systems, tools and people that work for you.”
And if you want some advice for starting out in the industry, Linda has some top tips for you.
She said: “Everyone’s progress and journey is different. I wouldn’t recommend comparing yourself to anyone.
“Stay focused on your personal goals.
“Don’t give up. Keep building.”
Many TikTok users were extremely impressed with Linda’s success and took to the comments to express this.
One person said: “Amazing! Inspiration.”
Another added: “That’s actually really impressive, well done.”
A third commented: “Fair play to you, well done.”
Meanwhile, I’m 23 and retired – earn $10k a month thanks to a business I set up when I was broke, here’s how you can too.
Also, I’m 21 and retired – I dropped out of uni & now make £52k a month doing nothing, here’s how YOU can do it too.
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