Can rental properties replace your W2 income, lead you to financial freedom, and help you build multimillion-dollar wealth in the process? Yes, and Grant Francke is proof you can do it in a few years or less. After the burnout of forty-eight-hour shifts as a railroad conductor (yes, you read that right) left him searching for an escape, Grant stumbled upon real estate investing and the BiggerPockets Real Estate podcast. Within three years, he built up enough cash flow to quit his job and never looked back.
In today’s show, Grant walks through the “boring,” stable, and safe rental property investments that have led him to complete financial freedom. He’ll touch on the first duplex he bought, why Grant prefers multifamily real estate to single-family homes, reverse-engineering your financial freedom to calculate HOW many rentals you need, and the sacrifices he had to make to get there.
If you’re tired of missing out on time with your family, children, or friends and want to start living life on YOUR schedule while making MORE money than you would at your job, this is the place to start!
Henry:
Have you ever wondered how to use real estate to replace your W2 income? Have you ever dreamed of time freedom and spending more time with your kids or giving more time to your passions? Well, on today’s episode, we are going to hear a story about how an investor did just this, so you can too.
Henry:
What’s going on investors? I am Henry Washington and I’m solo today because several of our hosts are taking some time off to enjoy this beautiful summer. But today we’re talking with Grant Frankie, who’s an investor out of Nebraska, who has successfully replaced his W2 income through real estate investing. So we’re going to talk about how Grant forecasted and planned to leave his W2 and how he built up the Kaons to actually jump off that cliff. We’ll discuss the cashflow that he needed to leave that job and how many doors that equated to in his portfolio….