A real estate investor outlines a strategy to buy 30 houses, generate $400-500k annually in passive income, and accumulate $100 million in property value. At 75% loan-to-value, he says you can cash-out refinance to pull $20 million tax-free and stop working while properties generate income.
It was really just to get 30 houses. 30 houses, you can retire with about $400,000 or $500,000 a year. But if you really want to go big, just get $100 million worth of real estate. And $100 million worth of real estate going up 5% a year, that's $5 million a year in appreciation because it compounds. You got about $132 million. And so let's say that $100 million that you own, you only owed $80 million on. And I know you guys are thinking, oh, these are big numbers. It doesn't matter. You can do it, man. It might take you 5, 10 years to do it, but you can do it. You don't owe $80 million anymore. You owe, let's say, $72 million. So you go borrow 75% of the 32, you're cashing out $93, $94 million. You're paying off the $72 million. You're walking away with almost $20 million in cash, tax-free. You never have to work again. Your property's working for you in your sleep.
