Dossier
real estate investing
Coverage of real estate investing in the Nexus archive.
Scott Steenberghperson1Rebecca Steenberghperson1Michiganplace1Casevilleplace1Business Insiderorganization1sober-living rentalstopic1Airbnborganization1Cody Bermanperson1Lauren Bermanperson1Retire by 30organization1house hackingtopic11% ruletopic1long-term rentalstopic1syndicationstopic1Massachusettsplace1Connecticutplace1
- A financially independent social worker says his sober-living rentals return up to 75% on his cash. Here's how the niche strategy works.
Scott and Rebecca Steenbergh achieved financial independence through their real estate investments, using them to purchase a dream home. Scott established a high-cash-flow niche with sober-living rentals, generating cash-on-cash returns of 50% to 75%. The couple now operates six such properties along with two short-term rentals in Michigan.
- A financially independent millennial shares 2 'golden rules' of real estate that helped him build wealth
Cody and Lauren Berman achieved financial independence through real estate investing by using house hacking and long-term rentals. They followed the 1% rule for cash flow and prioritized buying properties they would live in, building a portfolio with over $500,000 in stock market investments and 13 rental units generating $3,700 monthly cash flow.