Welcome to a terrific episode about a topic that’s actually not talked about as often as it should be. We’re discussing how to build long-term wealth through buy and hold real estate with the super-smart Linda McKissack.
When the economy crashed back in the ‘80s, Linda and her husband found themselves deep in debt to the tune of $600,000. She turned to REI and decided that it wasn’t just about needing cash now – but she wanted to protect her family from any future financial issues by creating passive income for the long term.
Using her 5-stage strategy, Linda now has a huge rental portfolio made up of 108 single-family rentals, 12 nightly rentals and 6 commercial properties in Texas. She’s actually written a book, HOLD: How to Find, Buy, and Rent Houses for Wealth, about her strategy, which she is sharing with us in today’s episode along with some awesome practical advice. This will have you rethinking your financial future.
