Real Estate Investing with Coach Carson
#363: How One Dad Earns $5K/month From 8 Rental Properties
Sep 30, 2024
Aaron, a new dad and former concert organizer, shares his inspiring transition to real estate investing, building a portfolio of 8 rental properties while navigating long distances. He discusses how his music industry skills helped him overcome challenges and the strategies that fueled his growth. Aaron reflects on the importance of due diligence in remote investing and lessons learned about property management. His journey highlights the blend of personal growth and financial independence, all while balancing family life.
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Quick takeaways
- Aaron Amin successfully transitioned from the music industry to real estate investing, acquiring eight rental properties within a year of recovery.
- He strategically leveraged the equity in his primary residence to finance additional investments, demonstrating effective financial decision-making during life changes.
Deep dives
Transition from Music Industry to Real Estate
A significant transition occurred for Aaron Amin as he shifted from a high-stress career in the music industry to real estate investing. After ten years in the entertainment sector, where he worked long hours and faced numerous personal challenges, including struggles with alcohol, he found himself in inpatient rehab just before the COVID-19 pandemic. This challenging period forced him to reevaluate his life and career choices, leading to a newfound focus on real estate. Six months post-rehab, Aaron had acquired three rental properties, marking the beginning of his real estate journey.
