JF2075: Part-Time Real Estate Investor Benefits With Erik Schaumann

Erik is a part-time real estate investor who began in single-family rentals in 2012, and since then he has bought 12 homes and is involved in multiple limited partnership deals and has a portfolio of $1.7M. Erik has been able to leave his W-2 by being a part-time investor and has continued to be a part-time investor because he has recently traveled the world with his family. He shares with you what you should be asking yourself when it comes to leaving your W-2. Erik Schaumann Real Estate Background: Part-time real estate investor Began investing in single-family home rentals in 2012 while he was living overseas in Brunei, working for Shell Oil Company Over his investing career, he has bought 12 homes and sold 3 Is currently invested in multiple LP syndication deals with over $1.7 million in AUM Because of his REI passive cash flow, he was able to retire from his oil company job after 20 years and travel the world with his wife and 6 children Based in Orem, Utah Say hi at etsenterprisesllcATyahoo.com and www.8suitcases Best Ever Book: 5am Revolution Click here for more info on groundbreaker.co Best Ever Tweet: “Be realistic in what you are going to need, what's that final number? Be realistic, don’t overshoot it because if you leave your job there are always ways to make money” - Erik Schaumann Learn more about your ad choices. Visit megaphone.fm/adchoices