Twenty-eight rental units before turning twenty-eight years old? That takes some SERIOUS drive. But after talking to Jake Radawick, the whole story makes much more sense. Within three years, Jake built a rental property portfolio that brings in over $200,000 a year in rent and provides Jakes with a full-time salary’s worth of passive income. But Jake wouldn’t have done any of it if it weren’t for his family—specifically his brother.
Jake’s older brother has been his “why” for as long as he can remember. He broke through barriers and was able to achieve what most thought impossible of someone with autism. This gave Jake the confidence to go after goals that others told him weren’t achievable. And now, after three years, a lot of work, and some serious goals, Jake has a real estate portfolio that would have taken most investors decades to build. But it didn’t come without its struggles.
From financing blunders to pipes bursting and flooded basements, this episode will open you up to the realities of building a sizable rental portfolio. But, if you’re willing to take risks like Jake, pivot when possible, and build a team of investing experts, you too could replace your W2 income with real estate profits in just a few years!
David:
This is the BiggerPockets Podcast Show.
Rob:
746. Oh man, that felt good.
Jake:
I can’t believe three years ago I was buying my first property and today I’m collecting over $200,000 in rent.
David:
So, welcome to the show, everybody. That was Rob’s attempt to try to sync with me on an introduction. As you can see, there’s a reason that I usually do it alone. But, Rob, thank you for trying. Today’s episode-
Rob:
My fusion brother.
David:
Yes, that’s right. Let’s do that again. Put your hands up.
Rob:
You have to watch this on YouTube to see the magic happen.
David:
Today’s episode is going to make you laugh, make you cry, make you want to go run through a brick wall, and make you want to go hug your kids and pet a…