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98: Net Worth of 1.8M - 52 Single Family Rentals, $67K Monthly Rental Income

98: Net Worth of 1.8M - 52 Single Family Rentals, $67K Monthly Rental Income

FromMillionaires Unveiled


98: Net Worth of 1.8M - 52 Single Family Rentals, $67K Monthly Rental Income

FromMillionaires Unveiled

ratings:
Length:
45 minutes
Released:
Sep 9, 2019
Format:
Podcast episode

Description

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. 
Released:
Sep 9, 2019
Format:
Podcast episode

Titles in the series (100)

Millionaires Unveiled interviews and tells the stories of everyday millionaires. We provide detailed insight into their investing strategies and current portfolio allocation. How did they get started? What decisions did they make along the way? How has their portfolio allocation changed, and what are they doing now to not only keep, but also grow, their highly sought after "millionaire" status? From these extensive and thought provoking interviews, you'll be able to assess your current portfolio allocation, learn investing strategies, and join the fast track to financial success.