The “Lazy” Person’s Guide to Retiring with Rentals (in a Decade!)
Summary
This BiggerPockets blog post highlights unconventional real estate investing strategies from Dion McNeely, who achieved financial freedom with only 18 rental units. The article encourages hosts to consider long-term tenant relationships and focus on cash flow over aggressive portfolio expansion. Hosts can learn from these 'Dionisms' to potentially achieve financial goals with a smaller, more manageable portfolio.
Key Insights
- •Dion McNeely retired with a $200,000/year passive income after investing for a decade, starting with low income and debt.
- •McNeely maintains a portfolio of 18 units across eight properties, generating $21,000/month in cash flow.
- •McNeely's gross monthly cashflow from 18 units is $35,000, with $9,000 going out for mortgages, and about $5,000 monthly allocated to repairs.
Action Items
- ✓Consider the balance between cashflow and portfolio size; prioritize the right amount of cashflow from the least amount of units to align with your personal financial goals.Effort: lowImpact: medium
- ✓Reflect on current debt-to-value ratio and re-evaluate the role of debt to manage risk when approaching retirement.Effort: lowImpact: medium
Watch Out For
- ⚠Avoid over-leveraging or focusing solely on expanding the portfolio size at the expense of cash flow.
Related News
KB Home bets on built-to-order strategy amid a spec-heavy market
KB Home is shifting its focus to a built-to-order (BTO) strategy, aiming for higher margins in a challenging market. Hosts should pay attention to this trend as it may impact competition and pricing in their local markets, especially if private builders react to the changes.
![An Overview of Dynamic Pricing for Hosts [+5 Tools Included]](/_next/image?url=https%3A%2F%2Fwww.igms.com%2Fcontent%2Fimages%2Fwordpress%2F2022%2F10%2FDepositphotos_dynamic_pricing.jpg&w=3840&q=75)
An Overview of Dynamic Pricing for Hosts [+5 Tools Included]
This article discusses dynamic pricing for short-term rentals, explaining how it works to optimize revenue and occupancy by adjusting rates based on market conditions. Hosts should consider implementing dynamic pricing, using tools that automatically adjust rates, to stay competitive and maximize profits.
United Real Estate CEO Dan Duffy on the roadmap for competitive advantage
This article highlights the importance of data and AI in gaining a competitive edge in the 2026 housing market, emphasizing that hosts who prioritize data-driven decisions and adapt to market changes will thrive. Hosts should focus on leveraging data and AI to make informed decisions about their STR business to capture market share.
Foreclosure Starts Fall 7.6% Nationally, But These Key Counties Show Rising Distress
Foreclosure starts are down nationally, but certain counties are seeing a rise in early-stage filings, which can indicate future pre-foreclosure opportunities. Hosts in Florida, California, Ohio, North Carolina, and Texas should monitor county-level data to anticipate potential distressed property sales and consider how this might affect their local markets.