279. Make More Money, Honey: Hacking the STR Business Model with Rachel Richards

Thanks For Visiting · Aug 10, 2023 · 54m · transcript

At the age of 27, Rachel Richards quit her job and retired. She is now living off $20,000 per month in passive income. Rachel is the bestselling author of “Money Honey” and “Passive Income, Aggressive Retirement.” She built a real estate portfolio of 38 rental units by the age of 26. She makes the topic of money management fun, entertaining, and simple for her 250,000+ millennial followers.

We talk about the advantages of being an out-of-state landlord, her mental health journey during her busiest years, how she’s reframed failure, and making sacrifices while scaling up. Rachel also shares…