A 34-year-old real-estate investor explains his 'recession-proof' investing strategy that helped him achieve financial independence and quit his day job
He recently diversified his portfolio by adding an affordable housing unit that he'll rent long-term.Kent He spent about a decade in the corporate world.
He decided to try real estate investing on the side. Specifically, he wanted to set up short-term vacation rentals. He prefers short-term rentals because,"you can get super-high cash flow," he explained. But, at the same time,"I never like putting all my eggs in one basket. Who's to say another pandemic can't hit again and everything goes empty?" state and local governments even banned short-term rentals"For peace of mind, I want to know that there's always other cash flow coming in from another asset class," said He..
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