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JF2075: Part-Time Real Estate Investor Benefits With Erik Schaumann

JF2075: Part-Time Real Estate Investor Benefits With Erik Schaumann

FromBest Real Estate Investing Advice Ever


JF2075: Part-Time Real Estate Investor Benefits With Erik Schaumann

FromBest Real Estate Investing Advice Ever

ratings:
Length:
24 minutes
Released:
May 8, 2020
Format:
Podcast episode

Description

Erik is a part-time real estate investor who began in single-family rentals in 2012, and since then he has bought 12 homes and is involved in multiple limited partnership deals and has a portfolio of $1.7M.  Erik has been able to leave his W-2 by being a part-time investor and has continued to be a part-time investor because he has recently traveled the world with his family. He shares with you what you should be asking yourself when it comes to leaving your W-2.    Erik Schaumann Real Estate Background: Part-time real estate investor Began investing in single-family home rentals in 2012 while he was living overseas in Brunei, working for Shell Oil Company Over his investing career, he has bought 12 homes and sold 3 Is currently invested in multiple LP syndication deals with over $1.7 million in AUM Because of his REI passive cash flow, he was able to retire from his oil company job after 20 years and travel the world with his wife and 6 children Based in Orem, Utah Say hi at etsenterprisesllcATyahoo.com and www.8suitcases Best Ever Book:    for more info on groundbreaker.co  Best Ever Tweet: “Be realistic in what you are going to need, what's that final number? Be realistic, don’t overshoot it because if you leave your job there are always ways to make money” - Erik Schaumann
Released:
May 8, 2020
Format:
Podcast episode

Titles in the series (100)

Are you ready for the best real estate investing advice EVER? Welcome to the world's longest running, DAILY real estate investing podcast hosted by Joe Fairless. Joe went from buying $35,000 single family homes to controlling over $500,000,000 worth of large apartment communities in under a decade. Join Joe as he interviews flippers, renters, builders, passive investors, and many other successful professionals ready to give you their Best Ever advice without the fluff. Plus, tune in every Friday for a special episode as Joe shares his own real estate investing and personal development knowledge.