Want to retire with rentals so you can buy back your time and travel the world? Despite a successful 35-year engineering career, today’s guest was still financially dependent on her nine-to-five—until she pivoted to real estate investing. In just four years, she has bought four rental properties and left her W-2 job for good. How? Stay tuned and she’ll show you!
Welcome back to the Real Estate Rookie podcast! When Sandy Lee’s 50th birthday arrived, she realized she wasn’t quite where she wanted to be in life. At a crossroads in her career and still needing at least another five years at her current job before retirement, Sandy was ready for a drastic change (and a new challenge!).
Now, with four short-term rentals and a highly profitable real estate business, Sandy has officially retired and designed her dream lifestyle, where she gets to travel throughout the year while spending only a few hours per week on her real estate portfolio. Whether you’re starting in your 20s or 50s, it’s never too early or too late to invest in real estate, and Sandy is living proof!
In This Episode We Cover
How Sandy built a four-property rental portfolio in just four years
Making $5,000 in monthly cash flow from ONE rental property
How to build a real estate portfolio that supports your ideal lifestyle
Scaling a large portfolio versus having 100% paid-off properties
What really moves the needle for Airbnb revenue and occupancy
When to hire a “revenue manager” for your vacation rental portfolio
And So Much More!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-698
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