He Lives Overseas, But His 3 Rentals Cash Flow While He Sleeps
About this episode
David Epstein shares how he successfully manages his rental properties while living overseas.
You don’t need hundreds of rental units to design the life you want. Today’s guest is busy traveling the world and only wants a handful of rental properties that can pay him while he sleeps. Since he’s unable to put roots down in any one market, he’s built reliable teams that keep everything running smoothly. If he can do it, YOU can too! Welcome back to the Real Estate Rookie podcast! Nearly 20 years ago, David Epstein became an “accidental” landlord, despite having a mountain of law school debt and very little knowledge about real estate. His first property? A small New York co-op that he was forced to rent out after being sent overseas. By growing his network, he was able to keep the property occupied and managed from thousands of miles away. This opened David’s eyes to the possibilities of real estate investing, but rather than scaling his real estate portfolio rapidly, David has taken a more strategic approach—picking strong long-term markets and choosing his properties carefully. Today, he owns three rentals, and as he nears retirement, he hopes to have five or six cash-flowing properties to help fund his lifestyle. Tune in to learn exactly how he plans to do it! In This…
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