Making $2,400/Month Cash Flow and Getting Rich Slowly with “Boring” Rentals

Want the time-tested investing strategy that will make you rich 10, 20, or 30 years from now? Despite market uncertainty, buying rentals is still a savvy move if you’re playing the long game. That’s what today’s guest is doing—using a mix of steady cash flow and appreciation to reach financial freedom! Welcome back to the Real Estate Rookie podcast! After a bad experience with a financial advisor, Anthony Finger decided to take control of his investments. He started with everyone’s favorite “boring” investment, index funds, and before long, he had brought his slow and steady approach over to real estate—buying seven long-term rentals over seven years. Today, his real estate portfolio brings in $2,400 in monthly cash flow, and Anthony has already built up over $600,000 in total equity! The conservative approach might not be as “sexy” as Airbnb or as exciting as flipping houses, but it’s a surefire way to build wealth with real estate. Tune in as Anthony shares the perks of investing in your own backyard, the benefits of buying turnkey rentals, and the secret to buying new construction at a discount! In This Episode We Cover: How Anthony scaled “slowly” to seven properties in seven years “Safe” investments that will put you on the path to financial freedom Building a stable portfolio with low-maintenance, turnkey rental properties How to achieve a mix of equity and cash flow in THIS housing market The benefits of investing in your own backyard (and when to look elsewhere!) The crucial mindset shift you need to succeed in real estate And So Much More! Links from the Show Ashley's BiggerPockets Profile Tony's BiggerPockets Profile Join BiggerPockets for FREE Real Estate Rookie Facebook Group Real Estate Rookie YouTube Follow Real Estate Rookie on Instagram Ask Your Question for a Future Rookie Reply “Like” Real Estate Rookie on Facebook BiggerPockets Calculators Rent to Retirement Anthony's Instagram Get Your Tickets to BPCON2025 in Las Vegas, Nevada Grab “The Book on Rental Property Investing” Sign Up for the Real Estate Rookie Newsletter Property Manager Finder Real Estate Rookie 123 - “Building” Wealth as a 24-Year-Old with 12 New Construction Projects Connect with Anthony (00:00) Intro (00:51) Buying His First Rental (05:30) Crucial Mindset Shift (09:34) Anthony’s Portfolio (14:45) Tough Lessons Learned (21:44) Scaling “Slowly” (28:25) Cash Flow AND Equity (35:09) Connect with Anthony! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-539 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].  Learn more about your ad choices. Visit megaphone.fm/adchoices