On today’s show, we interview Chad Carson, author of the new BiggerPockets Publishing book Retire Early With Real Estate.Today Chad shares how he and his partner were able to accumulate 90 units and live purely off the money generated by their portfolio!

You should continue accumulating the rent due during this period, as it will be owed.

After this, I can start accumulating my reserves.I also put all my cash flow income to pay the HELOC down. every penny goes into it.My strategy to minimize the interest is to open a Balance Transfer credit cards with 0% interest and $0 fee.

Those who have wealth often take less risk with their capital after they've accumulated a lot and look to preserve what they've accumulated by investing in low cap ultra safe investments.

I agreed to effectively a short sale: mortgagee sold property and I received all proceeds, which did not quite cover the principal amount and thus didn't cover any of the accumulated interest.

He has accumulated $30,000 in deprecation over this period.

It's my goal to "get rich quick" and become an overnight success story by working on nights and weekends, making an offer every day, and opting to not buy the new car that I could totally afford.Through thousands of hours of work, I've been able to accumulate 20 doors in the last 2 years, and there are a lot of people much more successful than me here on the forums.Quick does no equal easy.

I had never even considered that they are more likley the ones to bring unwanted pets and subletting their units because those are two things I personally know that people have done once theyve renewed an initial lease, typically because their finances accumulated over a year or 2 allow them to afford a pet or to afford amenities to allow for sublettingAaron thank you on your perspective on not being able to dictate what you want to pay for. 

For us rent is due on the 1st and accumulates late fees after the 5th.

@Vincent Finn When you begin to accumulate properties ( i.e. five or more)It would be advisable to form an LLC and separate yourself personally from the business just to make sure that your personal assets are protected legally.