Paid Off Rental Properties, HUD Homes, and Buying in Cash with Rich Carey




Fire Drill show

Summary: Why buy one rental when you can buy twenty?<br> <br> Rich Carey is an Officer in the United States Military who is two years out from retirement. Even though he has moved every 1-3 years and has been stationed mostly overseas, he's purchased rental properties all over the country. He's flipped houses, flipped new construction, and done buy and hold investing. He currently holds 20 rentals in Montgomery, Alabama.<br> <br> You'll love his story and the advice he gives us on getting started with real estate.<br> <br> We also chat about...<br> <br> Why he has 20 properties in one area<br> How he turned his property management team into a renovation team<br> Making low ball offers<br> Buying HUD homes &amp; Foreclosures<br> Why Rich buys properties in cash<br> Buying properties in IRAs<br> TSP &amp; military pension<br> <br> For show notes and takeaways: https://firedrillpodcast.com/fire052