How this middle income couple built a real estate portfolio of 25 doors (in expensive California!)

Hack Your Wealth - A podcast by Andrew Chen

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#75: Real estate investing might seem like something only wealthy people can do.It’s expensive, down payments can be high, and you may feel you don’t have enough income to afford it.Maybe you think: “I can’t even afford a house to LIVE in…how would I afford a house to invest in?”But the plain truth is: there are lots of average Joes who do it…and who build a lot of wealth from it!Today’s podcast guest is one such (inspiring) example.John and Rosalina Steiner reached out to me (after following the podcast!) to share their real estate investing story. I found it compelling and wanted to share their insights and wisdom with you, too. Hope you enjoy listening to their story as much as I did!We chat about:How and why the Steiners started investing in real estate in the first placeTheir 25-door real estate portfolio breakdown – what type of units, where they’re located, how many have mortgagesHow they financed the down payments and loans for each propertyWhy they chose the neighborhoods they invest inWhy they self-manage, and their best tips for managing tenants effectivelyTheir views on Section 8 and how they manage Section 8 tenantsWhy they never plan to stop investing…even though they’re 65!Check it out here:https://hackyourwealth.com/real-estate-investing-with-middle-class-incomeDo you wish to invest in real estate but feel like you don’t know how to get started? What’s the biggest factor you think holding you back? Let me know by leaving a comment.Don't miss an episode, hit that subscribe button...If you liked this episode, be sure to subscribe so you don’t miss any upcoming episodes!Apple PodcastsOvercastSpotifyStitcherI need your help, please leave a listener review :)If you liked this episode, would you please leave a quick review on Apple Podcasts? It’d mean the world to me and your review also helps others find my podcast, too!Links mentioned in this episode:John & Rosalina SteinerMultifamily real estate investing: how to build a $175M portfolio in 7 years with Andrew Campbell (HYW029)Schedule a private 1:1 consultation with meHYW private Facebook community Intro/Outro: Old Bossa by Twin Musicom.