98: Net Worth of 1.8M - 52 Single Family Rentals, $67K Monthly Rental Income
Millionaires Unveiled - Un podcast de Jace Mattinson, CPA - Les lundis
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Today's episode features Chris with a net worth of $1.8MM. Of the $1.8MM, 70% is invested in real estate. Together with his business partner, they own 52 single family rentals. He discusses all things real estate including his first deal, self managing all the homes, financing, due diligence, sending mailers, etc.. He collects about $67K monthly in rental income and nets about $11K monthly. Beyond real estate, he has 14% of his net worth in cash, and 16% in retirement accounts.
