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BiggerPockets Real Estate Podcast
BiggerPockets
He Replaced His $65,000 Salary with Rental Cash Flow (Starting with $2,500!)
NOV 9, 202635 MIN
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Description
Before real estate, Matt Krueger was making just $35,000 a year. He and his wife were barely getting by, and with a baby on the way, Matt needed to figure out how to get his income up. Fast.
He turned to the one thing his in-laws had been preaching for years: real estate investing. There was just one tiny problem…He had no money!
So, Matt pinched pennies, scraped together the smallest down payment possible, and bought a cheap “grandma” house. He moved in, fixed it up, and a year later, rented it out. Then, he did it again. And again…and again.
Matt was crushing it with this investing strategy, adding hundreds in cash flow with each rental property. But his family wanted to settle down, so he stopped moving and started putting all of his profits and equity to work. Just a few years later, Matt completely replaced his salary and quit his W-2 job. And today, he’s sharing the full playbook that made it all possible.
In This Episode We Cover
How Matt went from making $35,000/year to quitting his job with rentals
How to build your real estate portfolio without a big bank account
Investing in “accommodation locations” versus “vacation destinations”
Tips and tricks for growing a successful social media brand
Practical ways to use your real estate business to benefit other people
And So Much More!
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