Would you trade your wedding for a rental property? What if it allowed you to retire years ahead of schedule? Today’s guest saw the bigger picture, and in this episode, he’ll share how small sacrifices can yield a massive return!
Welcome back to the Real Estate Rookie podcast! Rather than having the large, traditional wedding that most couples dream of, Dean Pinhas and his wife turned their wedding fund into the down payment for a home, which they would soon convert into the first of six rental properties over the next five years.
And this is just one of many sacrifices the couple has made to fast-track their financial goals. Dean is so focused on achieving financial freedom that he’s intentionally absorbing negative cash flow on his properties. The catch? In less than 15 years from now, he’ll have a completely paid-off real estate portfolio that brings in $20,000/month or more in net rental income!
Tune in to learn more about Dean’s unique investing strategy, how a cross-country move boosted his income (and his purchasing power!), and what YOU should do today to retire early with rentals, too!
In This Episode We Cover
The real way to build wealth with real estate (not cash flow!)
How Dean and his wife scaled to six properties in just five years
Strategic moves that boost your income and fast-track your investments
How to trade your dead-end nine-to-five job for a career in real estate
Why Dean is intentionally losing money on his rental properties
The critical mistake to avoid when renovating any rental property
And So Much More!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-602
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