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September 24, 2021By Alyssa M

#339: How to Invest in Real Estate, Debt-Free, from Thousands of Miles Away, with Rich Carey

Have you ever thought, “I’d like to invest in rental real estate but there are no cheap properties in my area!”

“Homes in my city are too expensive. I’d have to invest out-of-state, but that sounds terrifying.”

Or have you ever thought, “I’m curious about real estate but I’m not a fan of the idea of taking on all that debt.”

Today’s interview is right up your alley. We talk to Rich Carey, who bought 20 single-family rental properties in Alabama, totally debt-free, while stationed in Germany and South Korea.

He invested not just out-of-state, but entirely from outside the country.

He bought his properties free-and-clear. And he did it on a military salary while raising two kids.

This interview originally aired in June 2018.

Enjoy!

Resources Mentioned:

  • Take Radical Responsibility for Your Life | Podcast Interview with Emma Pattee
  • How Much Can I Spend in Retirement? | Podcast Interview with Dr. Wade Pfau
  • The Simple Path to Wealth | Book
  • The One Percent Rule | Website Article

 

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Posted in: Episodes, Real Estate

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Afford Anything

  • Start Here
    • About
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  • Blog
    • Binge
  • Podcast
    • Binge
    • Sponsors
    • Ask a Question
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    • Your First Rental Property
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