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845: The Slow, Steady Way to Make $50K Per MONTH with Rental Properties w/KC Massie

845: The Slow, Steady Way to Make $50K Per MONTH with Rental Properties w/KC Massie

FromBiggerPockets Real Estate Podcast


845: The Slow, Steady Way to Make $50K Per MONTH with Rental Properties w/KC Massie

FromBiggerPockets Real Estate Podcast

ratings:
Length:
56 minutes
Released:
Nov 16, 2023
Format:
Podcast episode

Description

How many rental properties would it take for you to become financially free? Five, ten, twenty, one hundred? And once you know how many you need, how long will it take you to get there? KC Massie reached financial independence in his thirties after eleven years of slowly, quietly, and strategically building a repeatable rental property portfolio that rakes in over $100,000 per MONTH in rent. Yes, you read that right—six figures a month! 
KC didn’t do anything spectacular to achieve this feat. He didn’t raise any money from friends or family, buy a thousand units in a year, or use risky debt. Instead, KC did things the old-fashioned way—slowly building a portfolio of rental properties, consistently buying every year, and making the most money he could at his job to fuel his purchases. Fast forward eleven years, he has complete financial freedom and has enough money to do whatever he wants, whenever he wants.
In today’s show, you’ll hear about KC’s repeatable path to real estate wealth, the surprisingly ordinary methods he used to build a BIG portfolio of rental properties, and why he encourages EVERY real estate investor to start “building quietly.” 
In This Episode We Cover
How KC built a $50K/month rental property income stream in just eleven years
The “limiting beliefs” you’re telling yourself that stop you from achieving financial freedom
Working with your spouse and why you WANT them included in your rental business 
Why getting better at your job is the fastest road to early retirement 
How KC doubled his portfolio overnight with one very smart move 
Why you MUST start “building quietly” if you ever want to become wealthy 
And So Much More!

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-845
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Released:
Nov 16, 2023
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.