Millennial's $2.3 Million Real Estate Empire: A Debt-Loving Success Story

1 min read
Source: CNBC
Millennial's $2.3 Million Real Estate Empire: A Debt-Loving Success Story
Photo: CNBC
TL;DR Summary

Karun Vij, a 33-year-old engineer, built a real estate portfolio worth $2.3 million by investing in rental properties in southern Ontario. He started by purchasing a home near McMaster University and renting it out to college students. With his rental earnings and increased salary, Vij was able to buy more properties. He now owns four Canadian rental properties and plans to continue investing in real estate. Vij believes in using debt strategically and aims to generate cash flow from his assets to buy more properties. Despite not turning a profit yet, he is focused on long-term growth and building a life for his family.

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