Real Estate Rookie

How I’m Making “Passive” Income with 4 Rentals (Working 9-5!)

45 snips
Jul 28, 2025
Mike Buska, a savvy real estate investor, transitioned from New Jersey to the Detroit market, building a lucrative portfolio of four rentals—all while maintaining a 9-to-5 job. He reveals how you can generate passive income without being a hands-on landlord or doing renovations. Mike emphasizes the importance of choosing the right market and assembling a reliable team, including property managers and local agents. He shares his strategies for scaling investments beyond cash flow by focusing on long-term appreciation and smart deal analysis.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
ANECDOTE

First Deal from Pocket Listing

  • Mike found his first Michigan deal through an agent with investor-friendly detailed analysis.
  • The off-market deal was sent to him before listing, boosting his confidence to move forward.
ADVICE

Pick Growing, Undervalued Markets

  • When investing out-of-state, find a market with great appreciation and growth.
  • Don't fear misunderstood markets; be greedy when others are fearful, like with Detroit.
ADVICE

Distance Doesn't Necessarily Matter

  • Distance doesn't matter if you hire the right team to handle maintenance.
  • Choose markets based on rent-to-price and cash flow, not proximity.
Get the Snipd Podcast app to discover more snips from this episode
Get the app