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cover of episode You DON’T Need 20+ Rentals to Quit (I Did It With 6)

You DON’T Need 20+ Rentals to Quit (I Did It With 6)

2025/6/2
logo of podcast BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

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Dave Meyer
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Miller McSwain
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Dave Meyer: 合租模式通过将房产分割成多个房间出租,能产生比传统长期持有更高的现金流,即使对合租模式不感兴趣,也能从米勒的成功投资生涯中学到很多经验。 Miller McSwain: 我通过合租策略,仅用六年时间就实现了财务自由。合租绝对是一种能带来巨额现金流的策略,付出更多努力,获得更多现金流。从监管的角度来看,越来越多的城市对短期出租进行监管,而合租模式实际上非常受欢迎,因为它能为当地人提供更经济的住房。合租模式也是最容易远程管理的策略。

Deep Dive

Chapters
Miller McSwain, a former nuclear rocket scientist, transitioned into full-time real estate investing after achieving remarkable success with a unique strategy. He leveraged house hacking and a creative co-living model to generate substantial cash flow, ultimately enabling him to quit his job after just two and a half years.
  • Quit his job after 2.5 years of investing
  • Used house hacking as a starting point
  • Developed a co-living strategy with multiple tenants

Shownotes Transcript

It doesn’t take long to** replace your income through rental property investing. Just ask Miller McSwain**, who quit his job two and a half years after buying his first rental property! But it wasn't a standard rental with just one tenant and one income stream that got him there. Instead, a new “mega cash flow)” strategy got him to his goal in record time. It’s not short-term rentals, mid-term rentals, or house flipping, but something that might work even better.

Miller was a nuclear rocket scientist by day (yes, seriously) and a house hacker by night. He bought a property just after graduation, using his job offer as proof of income to the bank. He and his fiancée (now wife)** lived in the basement** while** renting out the rooms) on the top floors**. He was saving tons on rent and living for almost free. So, why couldn’t he do this on a bigger scale?

He could, and he did. This** “co-living)” strategy** became Miller’s new obsession. Now, he’s got six rental properties with over 40 tenants, making thousands of dollars a month from each property in pure cash flow. He’s sharing exactly how to do it and does so in-depth in his new book, Co-Living Cash Flow)*, so *you can quit your job, or at least replace some, or all, of your income with the fewest properties possible

In This Episode We Cover

**Miller’s “mega cash flow” strategy **that produces way more passive income than regular rentals

Exactly what to look for in the** perfect “co-living” property** for happy tenants (and neighbors)

The** “community” events Miller throws at his properties that lead to lower vacancy **

Discounting security deposits)? The method behind Miller’s genius tenant screening tactic 

How to remotely manage co-living rentals yourself (no need to pay a manager!)

And **So **Much More!

Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠) and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1129)

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠).

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