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32-Year-Old Grosses $431k from Real Estate Investing While Living in Van

Friday, May 27 2022
Commercial Lending
Written by  The Mortgage Leader

A 32-year-old in California brought in gross rental income last year of $431,000 from the 61 rental units that he owns. So reports CNBC.

dollar 3706548 640 smallMichael Albaum, who has been investing for 19 years and wrote the article, spends part of the year traveling the United States with his wife in a converted van.

“My investing strategy is the ‘BRRRR’ method: Buy, rehab, rent, refinance, repeat,” Albaum writes.

Read the full article from CNBC.

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