BiggerPockets Real Estate Podcast

276: Early Retirement ($10k/Month) by Age 35 with Bryce Stewart

04.26.2018 - By BiggerPocketsPlay

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Why work at a lame job until you’re too old to enjoy the life you’ve been given? If you are looking to get out of the rat race earlier, this is one episode you can’t afford to miss. Today on The BiggerPockets Podcast, we sit down with Bryce Stewart, a former school teacher who was able to quit his job at age 35 through the smart purchases of small multifamily properties. Bryce shares his powerful story on how he was able to build a portfolio of 22 units that give him $10,000 per month in income. Bryce also shares a phenomenal concept he called “vacuuming the truck,” which could change the way you think about real estate (and life) forever.

In This Episode We Cover:

Bryce’s special introduction

His inauspicious beginning as a real estate investor

What he learned from his mistakes

How a friend who lives for free in his apartment influenced him

What he’s learned from having his first duplex

What you should know about PITI

How he financed the purchase of his duplex

The upsides of being a landlord

The risks of real estate investing

The “vacuum truck” story

The number of units he has and the reason he retired

How to seek out “hidden ROIs”

How he finds and funds deals

What his future looks like

And SO much more!

Links from the Show

BiggerPockets Forums

Trulia

Zillow

HotPads

Broke to Retired in 15 Years

Mr. Money Mustache

Grant Cardone

BiggerPockets Podcast 272: No Money, No Deals, No Time? Overcoming Real Estate’s “Big Three” with Brandon Turner & David Greene

Tweet Mindy

BiggerPockets Youtube Channel

Books Mentioned in this Show

Rich Dad Poor Dad by Robert Kiyosaki

Think and Grow Rich by Napoleon Hill

Fire Round Questions

Would you decrease monthly rent in order to keep a good tenant?

I’m having a hard time finding a QUALIFIED tenant.

Where do you list your properties for rent?

Tweetable Topics:

“You can live more cheaply by buying a multifamily.” (Tweet This!)

“Sometimes you need a partner to push you to be a little stronger.” (Tweet This!)

“You don’t want to mitigate the risk of real estate. They are there.” (Tweet This!)

Connect with Bryce

Bryce’s BiggerPockets Profile

Bryce’s Youtube Channel

Bryce’s Company Website

Bryce’s Email Address

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