Financial independents retire early. It's a topic that is talked about a lot. Having 800 thousand worth of free and clear, high cap rate real estate is different than having 800 thousand in index funds right here. Can you explain why? I want to hear the way you would frame it. And then i think you even, i thik, i think you've done a podcast maybe somewhat recently, were you maybe went into tail on this, if i remember right.
#339: Have you ever thought, “I’d like to invest in rental real estate but there are no cheap properties in my area!”
“Homes in my city are too expensive. I’d have to invest out-of-state, but that sounds terrifying.”
Or have you ever thought, “I’m curious about real estate but I’m not a fan of the idea of taking on all that debt.”
Today’s interview is right up your alley. We talk to Rich Carey, who bought 20 single-family rental properties in Alabama, totally debt-free, while stationed in Germany and South Korea.
He invested not just out-of-state, but entirely from outside the country.
He bought his properties free-and-clear. And he did it on a military salary while raising two kids.
This interview originally aired in June 2018. Enjoy!
For more information, visit the show notes at https://affordanything.com/episode339
Learn more about your ad choices. Visit podcastchoices.com/adchoices