$200K/Year & Financial Freedom in 10 Years with a SMALL Portfolio

Reaching financial freedom in ten years or less with a small real estate portfolio!? While it might seem like a lofty goal, it’s very doable when you maximize your cash flow and play the long game. If “the lazy investor” can do it, so can YOU!

Welcome back to the “Real Estate Rookie” podcast! When Dion McNeeley reached early retirement in 2022, he was raking in $200,000 per year from just sixteen units. Now, he’s using his newfound financial independence, knowledge, and resources to take a few more risks with his real estate investments. For his latest deal, he used the buy, rehab, rent, refinance, repeat (BRRRR) method on a house hack that generates enough cash flow to fund his travels!

It all sounds very impressive, but how on earth did he get there? In this episode, Dion shares some of the secrets and strategies that allowed him to go from $89,000 in debt to financially free within a decade. He talks about building a buy box that features a blend of market data and home attributes, as well as finding deals on the multiple listing service (MLS) that other buyers overlook. He even discusses an ingenious strategy that will have your tenants ASKING you to raise rents!

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Join BiggerPockets for FREE 👇
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Join the Real Estate Rookie Facebook Group:
  / realestaterookie  
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Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
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Find Investor-Friendly Lenders:
http://biggerpockets.com/findlenders
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The Lazy Person’s Guide to Financial Freedom in Less Than 10 Years with Dion McNeeley:
https://www.biggerpockets.com/blog/bi...
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How to Use Public Data to Find Real Estate Deals That 99% of Investors Miss:
https://www.biggerpockets.com/blog/ro...
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Try the "Binder Strategy" Yourself:
https://www.diontalk.com/binder
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Grab Your Copy of “One Rental at a Time”:
https://www.amazon.com/One-Rental-Tim...
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Connect with Dion:
BiggerPockets: https://www.biggerpockets.com/users/d...
Facebook:   / notur.avrgbatman  
Instagram: @dion_talk_financial_freedom or   / dion_talk_financial_freedom  
Website: https://www.diontalk.com
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Connect with Ashley and Tony on BiggerPockets:
Ashley: https://www.biggerpockets.com/users/e...
Tony: https://www.biggerpockets.com/users/t...
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Connect with Ashley and Tony on Instagram:
Ashley: @wealthfromrentals or   / wealthfromrentals  
Tony: @tonyjrobinson or   / tonyjrobinson  


Show notes at: https://link.chtbl.com/Rookie


00:00 Intro

01:19 Financial Freedom in 10 Years

10:05 Dion’s “Travel House Hack”

18:34 “Stale” Properties & Lessons Learned

26:21 Building Your Buy Box

35:53 The Binder Strategy 2.0

46:22 Connect with Dion!