Passively Rich with Rentals How She Built 24 Rental Properties While Working Full Time
Apr 2, 2026
Bree Sullivan, a Southern Georgia divorce and family law attorney who built a 24-door rental portfolio while practicing law. She discusses scaling rentals without quitting her job. Short takes cover building local teams and systems, automated rent collection, mixing short‑term and long‑term properties, and why every deal must work on paper before buying.
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One Master Spreadsheet For All Properties
- Use one master spreadsheet to track every property, loan, insurer, and vendor so you have a single source of truth for decisions and taxes.
- Bree updates her Excel monthly, keeps individual property folders, and handles banking while the manager handles tenant logistics.
Automate Rent Collection With ACH Drafts
- Collect rent via ACH drafts with a signed authorization to make payments automatic and reduce late payments.
- Bree runs ACH drafts on the 27th for the 1st, funnels funds to proper LLC accounts, and stores signed permission forms in each file.
Make Late Payments Painful For Tenants
- Enforce firm lease penalties like late fees and NSF charges to deter missed payments and protect cash flow.
- Bree charges a stated late fee and a $75 NSF fee and starts eviction after grace periods rather than tolerating extended nonpayment.
