Tue, 11 August 2020
Is It A Good Idea To Cash Out Your 401(K) To Buy Rentals? Meet The Guy Who's Happy He Did It - Heman Chand (Ep 275)
Heman wanted to buy rentals, but he didn't have the cash to get started. On this episode, he talks about deciding to cash out his 401(K) and how he has turned that initial investment into a portfolio with millions of dollars in equity.
We compare what he would have made if he had kept his money in the stock market and what he has made off his rental properties.
We go over his numbers, his technique to get rent increases, and how he has had zero vacancy in his rental portfolio.