Real stacks of money7/4/2023 ![]() ![]() They were run down and barely livable but were listed below $20,000. In May 2003, he came across a newspaper ad for two local single-family houses in Tulsa, Oklahoma. Over the years, he took a light interest in real estate after reading Robert Kiyosaki's "Rich Dad Poor Dad." Then, a passing conversation with a friend who had just flipped a property and made a profit further piqued his interest. He enjoyed the job but knew he could never reach generational wealth on that paycheck. ![]() And by 2003, at the age of 27, he was a systems analyst for a communications company making about $36,000 a year, according to his tax filing viewed by Insider. In 2002, he graduated from the University of Phoenix with a bachelor's in business information systems. They specialize in apartment complexes and retail centers.Įven though Whitmore had set his sights on millions at a young age, his path to success wasn't a straight one. Today, he's the co-founder and managing member of Precision Equity, a real estate investment and management company he started with his business partner, Joel Thompson. It was at that moment that Whitmore decided that he too wanted to be 'that guy.' He wasn't sure exactly how, but he imagined it meant being a business owner of some sort. Victor Whitmore was 12 years old when his dad pointed to a man during a holiday gathering and said, "that's a millionaire." He recalled feeling starstruck like he had just met a celebrity. They used this process multiple times until they scaled into multi-family properties.After some light renovations, they were able to place a tenant on the property and refinance it.Victor Whitmore and a friend purchased their first investment property in 2003.Account icon An icon in the shape of a person's head and shoulders. ![]()
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