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BTU #164 - Buying 20+ houses, with cash, while on Active Duty (Rich Carey)
Rich Carey is a Commander in the Air Force, currently stationed in Korea. While on active duty he paid off his $280k mortgage in six years and $32k in student loans in 1 year. He flips houses and purchases rental property with cash while living overseas in the military. He currently owns 20 rental properties mortgage free. He also operates - despite a demanding schedule and frequent travel - the website RichOnMoney.com
Why Listen:
Financial security is something that comes up frequently in my interviews. Veterans talks about how important it is to have enough time after Active Duty to be able to find your ideal job... and this may take 6-9 months. Rich is an exceptional example of someone on Active Duty who has lived below his means, and invested wisely to provide financial freedom when he leaves the military. His lessons are applicable to every career path, and whether you are on Active Duty or already transitioned to a civilian career.
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By Justin M. Nassiri
4.9
159159 ratings
Rich Carey is a Commander in the Air Force, currently stationed in Korea. While on active duty he paid off his $280k mortgage in six years and $32k in student loans in 1 year. He flips houses and purchases rental property with cash while living overseas in the military. He currently owns 20 rental properties mortgage free. He also operates - despite a demanding schedule and frequent travel - the website RichOnMoney.com
Why Listen:
Financial security is something that comes up frequently in my interviews. Veterans talks about how important it is to have enough time after Active Duty to be able to find your ideal job... and this may take 6-9 months. Rich is an exceptional example of someone on Active Duty who has lived below his means, and invested wisely to provide financial freedom when he leaves the military. His lessons are applicable to every career path, and whether you are on Active Duty or already transitioned to a civilian career.