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Early retirement is possible IF you have the patience to get there. In just ten years, you can build a real estate portfolio with enough passive income to retire early, but getting to that ten-year mark might be the hardest part. Thankfully, you don’t need hundreds of rental properties to do it. You can be like Derek Sherrell, AKA “That ADU Guy,” who took the slow, steady path to financial freedom by aggressively saving and building accessory dwelling units (ADUs) to maximize his income.
It took Derek years to buy his first couple of properties and over a decade to finally reach the financial freedom many of us desire. He offers one crucial piece of advice for every rookie real estate investor who’s trying to build a portfolio and wants to reach early retirement, too. If you can save money, keep your eyes focused on the prize, have patience, and consistently invest, you’ll be financially free in no time!
00:00 Retired Early with ADUs!
01:40 First Property and Subprime Loans
06:20 House Hacking During the Crash
08:53 Rookies, DON’T Rush!
12:39 You Need Patience to Build Wealth
15:01 Giving Away His Portfolio?
17:48 Advice for Rookies
20:38 Connect with Derek!
