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How I Built a $350K/Year Passive Income Stream in JUST 3 Years 5 месяцев назад


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How I Built a $350K/Year Passive Income Stream in JUST 3 Years

Episode #873 How much passive income would you need to quit your job? How many rental properties would you have to buy? Most real estate investors think they’d need twenty, thirty, fifty, or a hundred units to finally retire with a six-figure passive income stream, but that could take decades to achieve. So, how do you do it faster? How do you build massive passive income, monstrous cash flow, and find financial independence fast? Follow Kate Lynch’s advice. Three years ago, Kate was working…a LOT. Seventy-hour work weeks were the norm as she left the house before sunrise and returned well past sunset. Her family time was non-existent, moments with her kids were only reserved for the weekends, and her job controlled every aspect of her life. And while she was getting compensated fairly for the work she was putting in, watching her family time fly by was too much of a burden to bear. So, a rental property portfolio became the goal. Kate bought in a completely unconventional area for her strategy, focusing entirely on cash flow, not caring much about equity, and doing whatever she could to replace her outrageous W2 income. Now, just three years later, she’s financially free, and if you follow her steps and only make a THIRD of what she’s making, you will be too! ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?... ~~~~ Expand Your Investing Knowledge With the BiggerPockets Books: https://store.biggerpockets.com/?utm_... ~~~~ Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch ~~~~ Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders ~~~~ See How Much You Can Earn on Airbnb: https://www.biggerpockets.com/airbnb-... ~~~~ Ask Your Seeing Greene Question: https://biggerpockets.com/david?utm_s... ~~~~ 10 Deals on a $20K Waitress Salary w/Ashley Hamilton: https://www.biggerpockets.com/blog/bi... ~~~~ Connect with Kate: BiggerPockets: https://www.biggerpockets.com/users/m... LinkedIn:   / kate-lynch-90b2829   ~~~~ Connect with David and Rob on BiggerPockets: David: https://www.biggerpockets.com/users/d... Rob: https://www.biggerpockets.com/users/r... ~~~~ Connect with Rob (Robuilt): Instagram:   / robuilt   TikTok:   / robuilto   X/Twitter:   / robuiltchannel   YouTube:    / robuilt   ~~~~ Follow David and BiggerPockets on Instagram: @davidgreene24 or   / davidgreene24   @biggerpockets or   / biggerpockets   Show notes at: https://link.chtbl.com/BPRE 00:00 Intro 00:49 Working 70+ Hour Weeks! 03:56 All Work, No Family Time 10:48 Trading Retirement $$$ for Real Estate 14:03 Making $50K/Year with ONE Property 21:29 Kate's MASSIVE Cash Flow 26:47 Financial Independence in Under 3 Years! 32:03 SG: Long-Term vs. Short-Term Rentals

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