519: 5 Keys to Becoming a Millionaire on Less Than $100k Per Year 01:21:56

    <p>You may know <a href="https://www.instagram.com/wealthfromrentals/?hl=en"><strong>Ashley Kehr</strong></a> from the <a href="https://www.biggerpockets.com/real-estate-rookie-podcast"><strong>Real Estate Rookie Podcast</strong></a>, but you may not know that only a short time ago she was a rookie herself. Ashley started as a property manager for a local investor and slowly made her way from owning one property to <strong>owning thirty-three long-term rentals, a </strong><a href="https://www.biggerpockets.com/blog/airbnb-arbitrage"><strong>short-term arbitrage property</strong></a><strong>, two commercial units, and one </strong><a href="https://www.biggerpockets.com/blog/mobile-home-parks-hottest-asset-class-2020"><strong>mobile home park</strong></a>. Quite a diverse portfolio!</p><p>What makes this even more impressive is that Ashley wasn’t coming into real estate with boatloads of cash. In fact, <strong>she and her husband have never collectively made more than six figures from their W2 jobs</strong>. So how does someone with a median income generate such a massive amount of <a href="https://www.biggerpockets.com/blog/rental-property-cash-flow-analysis"><strong>cash flow</strong></a><strong>, appreciation, and </strong><a href="https://www.biggerpockets.com/blog/investor-spotlight-erin-helle"><strong>time freedom</strong></a>?</p><p>Ashley discusses the<strong> five fundamentals of real estate investing</strong> that led her to <a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-503-part-1"><strong>seven-figure net worth</strong></a>. These fundamentals can be used by anyone, at any stage in real estate investing, no matter their experience level. If you’re ready to supercharge your investing and <strong>go from rookie to rockstar</strong>, commit to the game plan Ashley has laid out!</p><p><strong>In This Episode We Cover:</strong></p><p><strong>How to invest in real estate</strong> while making a<strong> median income </strong></p><p><a href="https://www.biggerpockets.com/blog/how-much-investment-diversification-is-right-for-you"><strong>Diversifying your portfolio</strong></a> so you have multiple exit strategies and streams of income</p><p>Why every investor needs to “<strong>become a rookie all over again</strong>”</p><p>Using <a href="https://www.biggerpockets.com/blog/creative-financing"><strong>creative financing</strong></a> to structure deals that benefit the buyer and seller</p><p><a href="https://www.biggerpockets.com/blog/2016-06-15-5-reasons-engaging-real-estate-partnerships"><strong>Leveraging partnerships</strong></a> to find cash, divvy up responsibilities, and purchase more real estate</p><p>Owning a business and<strong> learning the skills that every leader needs to succeed</strong></p><p>And <strong>So </strong>Much More!</p><p><strong>Links from the Show</strong></p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.biggerpockets.com/youtube">BiggerPockets Youtube Channel</a></p><p><a href="https://www.biggerpockets.com/publish">BiggerPockets Publishing</a></p><p><a href="https://www.biggerpockets.com/store">BiggerPockets Bookstore</a></p><p><a href="https://www.youtube.com/channel/UCCA5VL6_GTfTY9I-V7QUcJw">Real Estate Rookie Youtube Channel</a></p><p><a href="https://www.facebook.com/groups/realestaterookie/">Real Estate Rookie FaceBook Group</a></p><p><a href="https://www.biggerpockets.com/real-estate-rookie-podcast">BiggerPockets Rookie Podcast</a></p><p><a href="http://instagram.com/tonyjrobinson">Tony's Instagram</a></p><p><a href="https://www.instagram.com/beardybrandon">Brandon's Instagram</a></p><p><a href="https://www.instagram.com/davidgreene24/">David’s Instagram</a></p><p><a href="https://www.biggerpockets.com/blog/real-estate-investing-bootcamps">Real Estate Rookie Bootcamp</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-348-ashley-kehr">BiggerPockets Podcast 348: Full-Time Job, Full-Time Mom, and Full-Time Wealth From Rentals with Ashley Kehr</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-500-robert-kiyosaki">BiggerPockets Podcast 500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash Coming</a></p><p>Click here to check the full show notes: https://www.biggerpockets.com/show519</p><p><br></p>
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