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Updated almost 7 years ago on . Most recent reply

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Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
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Podcast: 20 Long Distance SFR on a Military Salary w Rich Carey!

Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
ModeratorPosted

Many people feel that because their local market isn’t great for rental property cash flow, they can’t invest. Don’t tell that to today’s guest, who for the past decade has been doing just that—even while working full-time in the U.S. Military! Today’s guest is Rich Carey, who shares with us his strategy of buying rentals in one location, despite living in many different places across the world. Rich also discusses his strategy of NOT using leverage, instead choosing to buy properties with cash instead, which has allowed him to maximize his cash flow and has given him true financial independence. Rich’s story is inspiring and highly educational, so set aside time today to listen to the whole interview. We think you will really like this one!

Listen here or on your favorite podcast player.

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Donald S.
  • Accountant
  • Saint Louis, MO
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Donald S.
  • Accountant
  • Saint Louis, MO
Replied

I can't wait to listen, but if he says in the interview that "military guys don't make a lot of money" I'll be disappointed. When I was in I made 2x as much as I do now and had 1/2 the expenses. Hopefully he highlights just how much the military gives you to allow you to save and invest. 

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