Why Rich Went from 20 Paid Off Houses to Using Leverage to Buy Real Estate

Have you ever thought about real estate investment? It’s a concept that flies around a lot in personal finance and wealth-building space. Managing a team and tenants from the comfort of your home office sounds like the dream, but the initial investment is where it’s at. This form of entrepreneurship can be a big step to take, but if you put in the work and balance the risk factor with smart business decision-making, the rewards can be so, so worth it.

Our guest today has a LOT to say about that. In this episode of the His & Her Money Show, real estate superstar Rich Carey is stepping back in by popular demand for another information-packed episode!

The first time Rich came on the show with us three years ago in one of our most popular shows to date, he walked us through the beginning of his real estate investment journey, and today we’re catching up on where he’s at now and how his business has continued to grow ever since.

Rich is an Air Force officer and a seasoned pro in real estate investment, with over 20 paid-off homes and counting. He’s got a knack for debt-free investment and a tool belt full of tips, tricks, and strategies he’s pretty much giving away, for making your smartest investment moves with the best payoff.

He’s an incredible wealth of information, and this is an episode you definitely won’t want to miss out on. So, get that pen and paper ready and get started taking notes!

Check out Rich and follow his story at richonmoney.com!

What You Will Learn

  • Investing the frugal way
  • How Rich juggles his military and real estate careers
  • Cash buys vs. leverage
  • Learning to play it safe with your real estate investments
  • Rich’s streamlined approach to property investment
  • The why or when of LLCs
  • The breakdown of single-family vs. commercial properties

Resources Mentioned

Thanks For Listening!

Thanks for tuning in to us on The His & Her Money Show. If you’ve enjoyed this episode, please share it using the social media buttons at the bottom of the post.

Today’s show is sponsored by Legal and General America. Legal & General America makes understanding and applying for life insurance easy. Also, agents are standing by to help you determine the best coverage to fit your family’s needs.

Visit HisandHerMoney.com/lgapodcast to get started on your journey toward financial wellness.

 




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