Buying 20 Rentals With Cash: How Rich Carey Has Achieved Financial Freedom!

Episode: 71

Rich is currently in the United States Air Force living in Montgomery, Alabama one year from retirement. He served 19 years as a Special Agent in the Air Force (similar to NCIS). He has worked with embassies all over the world, and had the chance to work closely with NATO, the UN, and even negotiate peace treaties. Rich is now an instructor at a military school finishing up the last year of my career.

He has been interested in real estate and investment ever since I was a child. He worked at Fidelity Investments as a stockbroker in college and has devoured most finance and real estate books out there. He plans to direct his effort to full-time real estate investing as well as finance and real estate education for the military community once he’s retired.

To round it out, Rich travels a lot and when he went to Japan, he flipped about 8 houses with a partner. 2013, he moved to Montgomery, Alabama for air command staff college. He bought 6 houses and left to spend 5 years overseas and bought 14 more. All 20 houses are paid off. In this episode, Rich talks about what helped him buy all 20 houses in just a few years, how he was able to pay cash for all of them and some financial advice for people joining the military.

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Recommended resource(s): Fooled by Randomness

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You can reach out to them here: www.richonmoney.com rich@richonmoney.com

Sponsors: Real Estate Investing Course: https://military-millionaire-academy.teachable.com/p/from-zero-to-one-real-estate-investing-101

Audible: https://www.frommilitarytomillionaire.com/audible/

Recommended books and tools: https://www.frommilitarytomillionaire.com/kit/

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Website: https://www.frommilitarytomillionaire.com/start-here/

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My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos!