AIE 103: New Investor Buys 1 LTR and 2 Airbnbs in 1 Year
Adulting Is Easy: Making Personal Finance & Real Estate Easy
English - December 06, 2022 12:00 - 30 minutes - 28.4 MB - ★★★★ - 7 ratingsSelf-Improvement Education Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
This week, Lauren brings you her interview with Mark Holmes. Mark and his wife have both a long-term rental (LTR) and short-term rentals (STRs) in their portfolio, which is why Lauren invited him on the podcast. The two go over their cash flow numbers for the 3 properties, which by the way were purchased in 2022. They discuss retirement plans and numbers. Lauren asks about the controversial decision to take early withdrawal penalties from a 401k to invest in real estate. They even get into their new step in entrepreneurship: opening a flower shop! Did we mention they also had their first baby this year?! Wow.
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About Mark:
Mark Holmes and his wife Brie started investing in 1 long-term rental (LTR) and 2 short-term rentals (STRs) in April, June, and October of this year, 2022. They both work W2’s and have leveraged his 401K via loan and 2 withdrawals to kick start their real estate investing journey. They’re also exploring opening a flower shop. Their goal is to have enough cash flow to have the option to retire by the end of 2025! Mark and Brie have a golden retriever named Tatum and had their first baby boy, Jackson, in September.
Connect with Mark:
https://twitter.com/RealTatum57
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Connect with Lauren: https://twitter.com/AdultingIsEasy
Download rental resources: https://adultingiseasy.gumroad.com/
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