Paycheck to paycheck in their 40s, Millionaire in their 50s with ‘boring’ rental properties

Paycheck to paycheck in their 40s, Millionaire in their 50s with ‘boring’ rental properties

Bee 47 years old, Neil Whitney and his wife were living paycheck to paycheck– one bad day away from losing everything. Now, Less than ten years later he is financially free of $8,000/month in passive income from rental.

Neil started with almost no moneypromising his wife that he would keep their savings untouched while investing. He picked up side gigs, drove for Uber for a year and a half, saving everything he could to buy a rental property. And when he got his first rent check, everything changed for Neil and his family.

Neil is now a millionaire in his 50sthanks to ‘boring rental properties’, all in affordable price ranges ($200K or less homes!). Once paid off, his rental portfolio earns him more than $20,000 per month. In his own words: “If I can do this, anyone can do this.” Today he shares the steps he’s taken, how he finds the best tenants, and how you can use rent to finance the dream life you’ve always wanted (new cars, foreign trips, and more).

So if you are in your forties, fifties or sixties And thinking it’s too late so you can change your life and achieve financial freedom, Neil is ready to prove you wrong.

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In this episode we discuss:

  • How to buy your first rental property even if you are living paycheck to paycheck
  • Are $200,000 Homes really worth it? Neil says “yes!” and explains why lower-income tenants should do so not scare you
  • The one side hustle that helped Neil save more than $15,000 for real estate investments
  • To use equity invest and build a real estate portfolio faster
  • Do you want one? new car? A nice holiday? How have to pay rent all It
  • The best advice for new investors and those who want to build financial freedom
  • And So Much more!

To the left of the show

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#Paycheck #paycheck #40s #Millionaire #50s #boring #rental #properties

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