I Started Buying Rentals at 46. By 50, They’ll Replace My Salary.
Kent Long wanted passive income. The problem? All those gurus and guides online were only selling a fantasy. The one thing that seemed to actually generate income: real estate. When a property that could easily be split into two units came on the market, Kent jumped at the chance. Little did he know this $14,000 down payment would become an entire real estate portfolio that would help him retire early from his job.
At 46, Kent bought his first rental property (just two years ago, in 2024). The purchase price? A mere $70,000. With a small renovation, this property began bringing in $3,000/month in rent and some serious cash flow. Now that there was home equity to pull from, it was time to repeat this system.
Kent has now done this same type of deal four times, going from zero units to 10 units in just two years. He’s even gotten his young son involved, helping his 20-year-old profit nearly $50,000 from a similar deal! Kent’s close to replacing his income and fully stepping away from his 9-5, reaching early retirement, and dedicating all his time to real estate. He started in 2024 when most people thought real estate investing was past its prime—according to Kent, we’re still not even close!
In This Episode We Cover
The affordable real estate market where you can pick up rentals for just $70,000
How to turn a big single-family home into a cash-flowing duplex or triplex
Using the BRRRR strategy to get paid to buy rental properties (seriously!)
When it’s smart to use a HELOC (home equity line of credit) as a down payment
How to pass down wealth and wisdom to your kids so they can reach financial freedom, too
And So Much More!
Check out more r
You May Also Like

Peter Pru | Option Sellers School
Peter Pru

Squawk Pod
CNBC

CNBC Business News Update
CNBC

Equity
TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Sean O'Kane, Theresa Loconsolo

Financial Issues
BizTalkPodcasts

BFM Bourse
BFM Business

Bloomberg Talks
Bloomberg

Founder's Story
IBH Media

GURULANDIA
Marco Cappelli & Simone Salvai

🇨🇭🇩🇪 Markt-Trends setzen mit Swissquote
Markus Koch, Wieland Arlt und Feyyaz Alingan bieten Ihnen einen Überblick über alle Anlageklassen
Community discussion