Hack Your Wealth

How this middle income couple built a real estate portfolio of 25 doors (in expensive California!)


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#75: Real estate investing might seem like something only wealthy people can do.

It’s expensive, down payments can be high, and you may feel you don’t have enough income to afford it.

Maybe you think: “I can’t even afford a house to LIVE in…how would I afford a house to invest in?”

But the plain truth is: there are lots of average Joes who do it…and who build a lot of wealth from it!

Today’s podcast guest is one such (inspiring) example.

John and Rosalina Steiner reached out to me (after following the podcast!) to share their real estate investing story. I found it compelling and wanted to share their insights and wisdom with you, too. Hope you enjoy listening to their story as much as I did!

We chat about:

  • How and why the Steiners started investing in real estate in the first place
  • Their 25-door real estate portfolio breakdown – what type of units, where they’re located, how many have mortgages
  • How they financed the down payments and loans for each property
  • Why they chose the neighborhoods they invest in
  • Why they self-manage, and their best tips for managing tenants effectively
  • Their views on Section 8 and how they manage Section 8 tenants
  • Why they never plan to stop investing…even though they’re 65!

Check it out here:

https://hackyourwealth.com/real-estate-investing-with-middle-class-income

Do you wish to invest in real estate but feel like you don’t know how to get started? What’s the biggest factor you think holding you back? Let me know by leaving a comment.

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Links mentioned in this episode:

  • John & Rosalina Steiner
  • Multifamily real estate investing: how to build a $175M portfolio in 7 years with Andrew Campbell (HYW029)
  • Schedule a private 1:1 consultation with me
  • HYW private Facebook community

 Intro/Outro: Old Bossa by Twin Musicom.

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Hack Your WealthBy Andrew Chen

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