The Slow, Steady Way to Make $50K/Month with Rental Properties

Episode #845

How many rental properties would it take for you to become financially free? Five, ten, twenty, one hundred? And once you know how many you need, how long will it take you to get there? KC Massie reached financial independence in his thirties after eleven years of slowly, quietly, and strategically building a repeatable rental property portfolio that rakes in over $100,000 per MONTH in rent. Yes, you read that right—six figures a month!

KC didn’t do anything spectacular to achieve this feat. He didn’t raise any money from friends or family, buy a thousand units in a year, or use risky debt. Instead, KC did things the old-fashioned way—slowly building a portfolio of rental properties, consistently buying every year, and making the most money he could at his job to fuel his purchases. Fast forward eleven years, he has complete financial freedom and has enough money to do whatever he wants, whenever he wants.

In today’s show, you’ll hear about KC’s repeatable path to real estate wealth, the surprisingly ordinary methods he used to build a BIG portfolio of rental properties, and why he encourages EVERY real estate investor to start “building quietly.”

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Books Mentioned on Today’s Show:
How to Invest in Real Estate: https://store.biggerpockets.com/products/how-to-invest-in-real-estate?utm_source=owned_media
Raising Private Capital, Revised Edition: https://store.biggerpockets.com/products/raising-private-capital-revised-edition?utm_source=owned_media
The Book on Managing Rental Properties: https://store.biggerpockets.com/products/the-book-on-managing-rental-properties?utm_source=owned_media
The House Hacking Strategy: https://store.biggerpockets.com/products/the-house-hacking-strategy?utm_source=owned_media
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Property Management Software Mentioned in Today’s Show:
Buildium: https://learn.buildium.com/?utm_campaign=2021Q2-bigger-pockets&utm_medium=content&utm_source=bigger-pockets&utm_content=website&utm_term
RentRedi: https://rentredi.com/biggerpockets/
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Connect with KC:
BiggerPockets: https://www.biggerpockets.com/users/KevinM409?utm_source=youtube&utm_medium=description&utm_campaign=none
Email: kcmassie@gmail.com
Instagram: @kcmassie or https://www.instagram.com/kcmassie/
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Connect with Andrew:
BiggerPockets: https://www.biggerpockets.com/users/andrewc58?utm_source=youtube&utm_medium=description&utm_campaign=none
LinkedIn: https://www.linkedin.com/in/andrew-cushman-959471a
Vantage Point Acquisitions: https://www.vpacq.com/
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Connect with Matt:
BiggerPockets: https://www.biggerpockets.com/users/mfaircloth?utm_source=youtube&utm_medium=description&utm_campaign=none
Instagram: @themattfaircloth or https://www.instagram.com/themattfaircloth/
DeRosa Group: https://derosagroup.com/
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@biggerpockets or https://www.instagram.com/biggerpockets/


Show notes at: https://www.biggerpockets.com/blog/real-estate-845?utm_source=youtube&utm_medium=description&utm_campaign=none

00:00 Intro

02:09 Properties in 11 Years!

04:00 Ditching Work for a Round-the-World Trip

06:49 From 1 Condo to 15 Units

12:33 The Perfect Property Manager (His Wife)

18:25 Consistency Over Intensity

26:42 Doubling His Portfolio Overnight

34:43 Deal Deep Dive and Quitting His Job

41:15 KC's Advice: Build "Quietly"

47:32 Connect with KC!