Title: “Air Force Captain to Real Estate Mogul: A Path to Early Retirement”
“How to structure business better to create the lifestyle that I wanted?”
If you have this question, we have Zach Lemaster to answer it! Zach is a seasoned real estate investor who has accumulated a large portfolio of rental properties across multiple markets.
He talks about his “Rich Dad, Poor Dad” journey and doing real estate while he has another business. Listen and enjoy the show!
[00:58] Introducing Zach Lemaster
[02:13] Rent to Retirement
[04:58] Starting his real estate journey
[07:00] House Hacking
[10:39] The Lens of Business Ownership
[22:58] Building long-term relationships with people
[26:35] Connect with Zach Lemaster
[03:22] “I like real estate because it is tangible. You could see the results.”
[12:33] “The good thing about real estate investing is it can start as a side hustle, and it can always be a side hustle.”
[14:37] “Building true wealth is from owning real estate, maximizing tax benefits…”
Connect with Zach:
Tired of living deal to deal?
If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. – David
Speaker 1 (00:00):
This can be very simplistic and can be generally passive if you build the system as, I mean you talk about this all the time in your book, building the systems strategically from the beginning. If you can do that, you can build a business where it’s a side hustle to begin with or it’s a part-time thing and you’re still earning growing your net worth and your income through rental property investing. But it helped me to open my eyes to how to structure business better to create the lifestyle that I wanted.
Speaker 2 (00:30):
If you’re a real estate investor who’s sick and tired of living deal to deal, then welcome home. Hear from everyday real estate investors just like you, and discover how they’ve completely transformed their business by taking a profit First approach. This is the profit first for REI podcast, where we believe revenue is vanity. Profit is sanity. It’s time to start making profit a habit in your business. So here’s your host, David Richter.
Speaker 3 (00:58):
We have Zach Leema here today. He talks about his journey. I think this will give you hope because he was in another business and doing real estate on the side and just that whole journey of you don’t have to jump into it right away. You can take the time and really do what you love to do. If you want to jump into real estate, it’s on your timetable. And then number two, he talked about his own rich dad, poor dad and his journey not only with that book but the rich dad in his life, and then how to be an actual investor. How to make sure that you’re not just being a flipper wholesale, but that you’re actually investing for the long term and don’t run out of money, which I really like that a whole lot. So make sure to grab as much as you can from this. Grab a paper pen if you’re sitting down and able to. Thank you so much for listening and have a great rest of your day. Hey, welcome back to the Profit first REI podcast. I have Zach Lee master here today who is a master of turnkey rental portfolio, but that was a horrible joke, but we’re going to keep moving on. So Zach, thanks for being on today and thanks for having me on your podcast too, by the way.
Speaker 1 (01:58):
Yeah, David, super excited to be here and thank you for coming on. You delivered an immense amount of value that I think is certainly going to help a lot of our audience just become better. Business owners and investors
Speaker 3 (02:09):
Tell everyone the name of your podcast, so if they’re listed this one, they can also check that one out.
Speaker 1 (02:13):
It’s all Rent to retirement, so if you want to check us out, that’s our brand name, our website, that’s our podcast. It’s just the Rent to Retirement podcast.
Speaker 3 (02:22):
I love that. Branding, rental, retirement. You definitely know what you’re doing if you’re getting involved with you, Zach, and what’s you’re trying to go after because we’ll talk about that for sure. But let’s go into why real estate. Have you been in real estate your whole life since birth or did you get into it later on, been an entrepreneur your whole life? What was the kickoff for what you’re doing?
Speaker 1 (02:42):
Yeah, so as many people also do come from, I have no background in real estate, so I started in a different career path. I was actually in the healthcare profession. My wife and I are both optometrists by education, went to eight years professional school, spent hundreds of thousands of dollars on a degree that I don’t use, but we found real estate eventually. So I met my wife in school. I was on Air Force scholarship. I moved or a stationed in North Dakota to start. That’s where I was a captain in the Air Force for seven years practicing optometry. That’s where I started investing in real estate. Even the first house that we purchased was a duplex, lived in half, rent it out the other half and that’s where I got the bug, David. It’s just I like real estate because it was tangible. You could see the results.
You’re not investing into stocks or something. I’m a very simple person and so I liked something that was tangible and easy to follow, and so we just got the bug start investing more and more real estate. We at some point, probably about year four or five started to identify that there’s better opportunity out there in other markets. So that’s where we took the leap of investing strategically in different markets where there is better opportunity, better returns and built our teams and systems around that. And that’s what allowed us to scale our portfolio, retire early from our career path in healthcare and then start the business of rental retirement because we had a lot of people that were interested in like, Hey, we see the success that you guys are having investing in rental real estate. We also want to invest in some of these areas.
We don’t have the time or knowledge or possibly the money, so can you help us? Can you help us tap into some of the best investment opportunities across the country because our local market’s too expensive? And so that was a foundation of rent to retirement about a decade ago is where we started helping people follow the same process that we were able to follow by strategically investing in the best markets. Fast forward to today, we’re across 12 different markets. We do about a thousand doors annually and help thousands of investors have access to the best deals across the country.
Speaker 3 (04:39):
That’s pretty cool. Why did you even start though? Like you said, oh, I was in the Air Force station there, which thank you for your service. I wanted to also say that too, but then I wanted to say why real estate? Even then, did you read a book? Were you just like, Hey, I heard about this from someone, a podcast. I don’t know what even made you take that plunge back then.
Speaker 1 (04:58):
Well, we all come from the same cloth, I guess with reading the Kiyosaki, we call it the Purple Bible. Purple
Speaker 3 (05:04):
Speaker 1 (05:06):
But even more so than that, candidly speaking, my father-in-Law, I’ll try to keep this story quick, but I think it’s very inspirational. My in-laws, my wife’s parents are immigrants from Vietnam to Canada, so they’re first generation, but they basically escaped during the war and they have this long story where it’s like they tried to escape multiple times as refugees and then got sent back into jail and so on. But anyway, they eventually came to Canada and didn’t speak any English, didn’t have any money and it didn’t have anything right later in life. And the year before my wife was born, they came to Canada with the shirt on their back and my father-in-law was an entrepreneur, tried different things, failed at all of them. There was a big uphill battle obviously from the cultural and language barrier. He eventually got into real estate and he eventually created a pretty successful and sustainable career path in real estate after being through what he’s been through.
And so he was always like, you have to buy this property. It is interesting talking with him. He’s like, bye bye bye bye. I was just like, that’s his philosophy, but seeing the success that he was able to accomplish, I was like, man. And then him just pounding that in my head. I mean that in addition to the Kiyosaki stuff was like real estate’s interesting. But yeah, once we bought that first duplex, that really solidified things for me. It’s like, oh, I can live in a house that appreciates over time, they can borrow money from the bank putting zero money down. I had a VA loan with the Air Force and that someone else can pay off the mortgage for me, so I live for free and make an investment and then I move out of that and rinse and repeat, and now this is an investment property cashflow me a thousand dollars a month. It just clicked. The math was simple.
Speaker 3 (06:46):
Okay, well that’s awesome. It sounds like your father-in-law was your rich dad showing you the way and here’s what you could do. And then just curious from my curiosity, did you know that was house hacking at the time? Had you heard that term of
Speaker 1 (07:00):
Duplex type thing? No idea that was, someone had suggested that to me, right? Hey, you know you can buy a multifamily property up to four units with this VA loan and rent it out. Maybe you should think about that. It just made all the sense in the world. And then guess what? I told everyone about it and then my brother and sister did the same thing. We started this, so we didn’t know it was house hacking at the time, though. I forget who coined or I think BP coined that term later. Yeah,
Speaker 3 (07:25):
They’ve made it very popular, the house hacking terminology, so that’s why I was like, I wondered if you had heard that back then, but no, I love hearing stories like that of just going into it, but then you realize this was the thing you wanted to do long-term because you got your optometrists degree in optometry and then you were like, okay, no, this real estate thing after that duplex, it sounds like you got the bug and that really catapulted things down that road like okay, while were you still in the military and still doing other things while you had those first few properties, what was the transition from okay, doing what you were doing to full-time real estate?
Speaker 1 (08:02):
Yeah, and it is been a long transition. I mean, it was not this overnight thing. We never went into real estate thinking that we were going to retire from optometry or we were going to create a large portfolio. I mean, our portfolio today on a personal level isn’t high eight figures. It cash flows over seven figures annually, but we didn’t create that overnight. That’s taken 15 plus years of investing and consistently investing time and time again. We’ve lost a lot of money in real estate, but we’ve learned lessons and applied them, but we’ve always stayed consistent to buying more and more rental real estate as well as operating our active business. When the first duplex was when I was a young captain in the Air force and got that VA loan, but since then, and that was about 15 years ago at this point, we’ve bought real estate every single year since then.
And so I eventually left the Air Force. We moved out to Colorado, which is where I still live. We opened up private practices. So we were business owners in the healthcare space. We still invested in real estate. I got to the point where we starting to get too busy operating our portfolio where I started to cut back hours. And so I did this thing where I was practicing five days a week to four days a week to three days a week trying to run all these different businesses. And eventually I just made the career change like, Hey, we’re just going to do this full time. Plus we had replaced, already replaced our active income at that point. So it was also like, Hey, we’re making more money through this. There’s better tax advantages. We saw, we changed our mission statement to helping other people do the same thing that we did.
And so that’s when we made the official change. But it was a very slow transition and we’ve had a lot of people that were like, oh, I’m glad that you found your passion or you decided that real estate optometry wasn’t for you. That was never the case. I just want to be clear about that. I loved helping people see, I loved the healthcare career path. We still do, but now we’re in a position where we can do that on a philanthropic basis, on a humanitarian basis internationally and help people see, but we don’t have to rely on it for income. But it was a very slow transition over time.
Speaker 3 (09:58):
Well, no, that’s still awesome. It sounds like you’re still doing your passion and you’re still doing a form of it today, but now it’s not tied to I have to do this. It’s more like I get to do this and I get to share this with other people. Okay. Let me ask this. Do you think that having that business, the optometry business helped you become a better real estate investor too, and knowing about business and thinking of real estate as a better business? Or do you think vice versa real estate helped optometry or was it both? I don’t know. I’m just wondering from a business owner, the lens, okay, I’ve got the puns here, the lens of business ownership. Do you think one helped the other or I don’t know, did you ever think of it like that during that time?
Speaker 1 (10:39):
It took me a while to see clearly, and
This is great, we got to stop this, David. The dad jokes, it’s too terrible. Yeah, so no, I think that that’s an interesting question. No one’s asked me that before. What I’ll say is I think the answer is probably, honestly, there are two separate businesses and sure there’s possibly some overlap, but I will tell you though, when I was running our optometry clinics is that I was wearing multiple hats, right? You’re in the chair seeing patients. You’re also trying to run a business, do staffing accounting. I wish there was such things as fractional CFOs for that business. Maybe there is that. Maybe that’s the next opportunity. I don’t know. But there’s so many things. I realized business was not fun when I was in the healthcare industry, plus you’re dealing with insurance. It was just chaos and plus you’re still trying to practice. But that gave me basically the background to understand maybe what I didn’t want to do necessarily long-term or how different businesses can operate differently.
Because on the real estate side, I really came into this saying, we have an active business. We build houses and flip them and help manage them. But also on the real estate side, I also realized, hey, this can be very simplistic and can be generally passive If you build the system as, I mean you talk about this all the time in your book, right? Building the systems strategically from the beginning. If you can do that, you can build a business where it’s a side hustle to begin with or it’s a part-time thing and you’re still earning growing your net worth and your income through rental property investing. But it helped me to open my eyes to how to structure business better to create the lifestyle that I wanted. And so I took that information. And the other thing too is I forgot to mention this previously, but as we made the slow transition, the beautiful thing about real estate investing is it can start as a side hustle and it can always be a side hustle. A lot of our investors, they love their W2 job or their business, their employment. They’re going to continue to do that and real estate, they just like the real estate as an asset class and they want to continue to buy that. So you don’t have to be a full-time real estate investor and it can’t start as a side hustle and turn into this full blown business like it did for us. But I think it’s an easy entry point to start with real estate and see what it becomes.
Speaker 3 (12:59):
How many years were you doing both at the same time?
Speaker 1 (13:03):
Oh, it probably took about seven or eight before I was fully retired. I remember
Speaker 3 (13:09):
That’s like, that’s good. If you’re a listener and you’re listening to this, it doesn’t have to happen overnight like you just said. So it’s like you could still have this and this an investment. What Zach is telling you is this is how to use real estate as a real investment tool and not just another ATM machine. So sorry to cut you off, but I was like, I just want to make sure I’m pounding that point home. If you’re listening to this that it doesn’t have to happen overnight. If it does and you go full-time into it, real estate might still be your side hustle while you’re in real estate. You might be fixing and flipping, but that’s like your day job. But then you’re also acquiring rentals on the side and you’re billing your real asset class, the real assets in the portfolio. So there you go. There’s the commercial break. Back to you, Zach.
Speaker 1 (13:51):
No, I love what you said, David. That’s just so true and I think a lot of people, it’s interesting seeing with the investors that we work with. So I mean turnkey, so let me just define that real quick for the audience because some people may have not heard. But our active business is we help people have access to the best deals across the country based on our criteria, like identifying the right markets, putting all the teams and systems in place, but we do that in a turnkey manner so people can have access to the best deals and buy them without having to try to manage them from a distance and build their own team from the ground up. That obviously takes a lot of time and energy and money, but owning rental real estate is where you truly grow wealth over time. I think that’s one thing we’ve learned.
You can flip a bunch of houses, you can wholesale, you can run an active business. That’s all fine and dandy, but at the end of the day, building true wealth is from owning real estate, maximizing tax benefits, using leverage, letting real estate do what it does over time. And so we help people do that. We sell properties that are either fully renovated or newly built, leased and managed for them in the best markets throughout the country. But one thing that we found is that people that look to us to help them build their portfolio, they come from different backgrounds, quite a diversity. It’s newer investors that are looking for some handholding and just they want some coaching through buying property. They want to set themselves up to have a higher chance to success versus doing it on their own. There’s people that live in expensive markets that they just don’t have access to local deals or that it’s a hybrid of entry.
So they’re almost forced to invest out of state. But we also have very experienced investors, full-time investors that buy with us because they need additional tax benefits. Or like you just said, David, there’s so many people that are like, you’ve got your active business, but you’re really because you’re such, I mean there’s so many people that are flippers. I’d like to hear your opinion on this. There’s so many people that are good business operators or they’re busy business operators in real estate, but they’re terrible investors and they’re not like maybe it’s just they’re not dedicating the time to that. But you got to be both to really, I truly think to be successful, you got to run your business or be successful your career path, but you also need to know how to invest your money. Now that doesn’t mean, I’m not saying be a property manager, but just have a process and a strategy to own good assets in good locations. What do you think?
Speaker 3 (16:06):
I a hundred percent agree, and most people, they get into real estate and they start with the active stuff to produce the income. I need to flip this deal. I need to do a wholesale deal. Well, you start doing that enough, you start thinking about rentals and it’s like they think it’s easy. Oh, I’ll just take down this deal and create a rental property, and it’s like, wait a second. You need to go and sit in Zach’s office and see, do I want to build something like this? But for my internal properties, I need property management, I need a maintenance crew. I need repairs. I need to be able to acquire these properties at the right price point. I need to be able to get this much of return. And how I analyze it, it’s like it is another business inside of real estate, but it is also building the assets as well too.
So I think yes, a lot of people like to go down that road, but they don’t think of it as a new business because it’s so close to what they’re already doing. But like you said, they’re great business owners of they can make the deals flow, but as being an investor, maybe not the strong suit, and sometimes that’s vice versa. Maybe they’ve started to build a portfolio, but they’re like, oh, shoot, I can’t go out. I need some cash. I need to be able to breathe this month. So how do I do that? So I think sometimes it’s that, but usually it’s the flip side. I’m an active investor and I need help on the investing side. So I would ask this, do you mainly or only work in the single family space or is this sometimes multifamily that you help people with turnkeys or mainly single family or duplexes, tries, quads?
Speaker 1 (17:35):
Yeah, it’s both. I’ll certainly talk about the markets and the type of asset classes that we focus on and why. But just to echo your point, it’s okay to not nobody is the perfect business owner and the CFO, but it’s important to understand where your strengths are and focus that and then partner hire in the people to handle those other areas of your business for you. That’s what allows you to not pull your hair out at night and actually grow and scale. So anyways, on the properties that we focus on, it is all residential and we’re big believers in residential real estate because I mean, you’re investing in a human necessity. There’s a housing crisis in many parts of the country. It’s areas where you can have just predictable returns. So we mainly do residential single family or small multifamily. That’s one to four units.
At some point in time, we’ll have possibly a small to mid-size multifamily that we’ll work with specific higher level investors on. But a lot of what we do is new construction build to rent, and that’s about 70%. I think new construction, especially right now in today’s market, if you’re in a growth market like the Southeast, Alabama, Florida, Texas, Carolinas, those are areas where people are moving in groves and where there’s a huge housing shortage. Those are areas where we still see even in today’s market with high interest rates, significant appreciation, both the rents and market value on a property that’s brandly built in a good area, you may have a little bit of ability to come in. Even with equity, there’s more inventory right now. Just to throw a stat out there, David, on a typical market where you would see about 10% of the houses for sale be new construction, right now we’re seeing about 30%, meaning that there’s a lot of builders ourselves included that have excess inventory because institutional buyers stop the gas pedal so much over the past year. So what the point is, is there’s a lot of inventory availability. This means you can acquire better deals in good areas where you can set yourself up for success. So a big portion of what we do is build to rent and people don’t normally associate that with turnkey, but that’s in Southeast and in the Midwest we have the 150,000, $200,000 three bed, two bath renovated house. That’s your workforce housing. It’s just going to be a solid long-term rental.
Speaker 3 (19:52):
And so the people that you work with usually, like you said, it could be newbie investors, could be also that are maybe in the active space or it could have W2 job. I’m sure you work with a lot of people that are just, I don’t know, they’ve got the excess capital or they want to have real estate, but they don’t want to become the landlord or that type of person. They want to just be like, okay, how can it be as passive as possible? So would you say those are the type of people you work with, mainly W2, some investors that are out there, who’s your ideal person to work with?
Speaker 1 (20:25):
I mean, it’s a whole diversity for us. It’s just the people. Where does this fit into your goals and your criteria? And you did a great job of breaking that down. I mean, our business started of helping other optometrists that were just, our close colleagues buy rental real estate because they had a little bit of disposable income, but they were busy just as we were. So they didn’t want to go out and build teams and they wanted advice and guidance on where to make the best investments. So that would be true. We have many professionals, doctors, attorneys, engineers, whatever, that they have disposable capital. They like real estate. They don’t necessarily want to be an active real estate investor. We have some people that are full on business owners. I mean some people that have huge businesses, some people in the mastermind that we’re both a part of where we got connected that are buying rental properties with us purely for the tax purposes.
They’re making millions and millions of dollars on their active real estate business. They’re buying properties with us so they can acquire more real estate to have accelerate the depreciation and pay less taxes that fits their goal, and it’s an easy way, predictable way for them to do that. We have people that live in expensive markets that it doesn’t make sense for them locally, and so they’re almost forced out of state or people that are just starting. If you just want to learn how to set up a rental portfolio, because our goal when we talk about turnkey, we’re not just selling you a property with management in place that’s been rehabbed or built or whatever. Our goal is to help you just as you help people long-term David, you want to create long-term partnerships with them. So our goal is to give you all the tools and resources you need, long-term to be successful.
Do you need a real estate? CPA specific CPA, David, we have you as on the C FFO side, as a recommendation for people that are scaling their businesses. Do you have the right real estate attorney? Do you need to go through a 10 31 exchange? What is the right strategy for you and how do you scale? What are the resources can you tap into, take your portfolio from five to 10 to properties over the next year? Those are all strategies. We work with people long-term so they can continue to grow and scale their business to whatever their goals are. So that’s the type of investors we like to work with and where we see value.
Speaker 3 (22:31):
So it sounds like you’re able to work with them not just to be able to, here’s a property, here you go, thanks, bye. It’s more like what is your goal? Do you want more? How to interact with these people and making sure that they’ve got the right people in place to support them on their journey, which I really like. That’s never fun. It’s like where it’s like, okay, just get the property, buy, see you later. I’ll talk to you some other time. Sounds like you really help people on their journey as well too.
Speaker 1 (22:58):
Again, we’re trying to build long-term relationships with people and candidly speaking it financially in incentivizes us to have you come back and buy more property. So we’re incentivized to see you be successful because no one’s in this game to buy this run rental property, at least knowing one that I’ve dealt with. And so they’re here to build a portfolio and scale. So let us help you learn the strategy to be able to find the best deals that are conducive to your goals, allow you to build a sustainable and diversified portfolio, have access to some of the best deals across the country so you can achieve your goals and have us be a part of that journey. So most of our investors are buying multiple properties every single year and consistently buy year and year again, and we’re helping them to learn how to do that.
Speaker 3 (23:44):
I love, and that’s where on this podcast we talk about money a lot and it’s like making, spending, keeping it. This is a great way to add cashflow into it, appreciation, depreciation, like he said, if you’re already an active investor and need help and instead of creating this silo in your business, you might need to wink up with Zach or someone like him to be able to buy those properties and then you get the tax. I want you to putting more money in your pocket at the end of the day. So it sounds like Zach, you help people do that, whether it be, Hey, I want to give you passive income or appreciation has been happening over the last few years here, or it could be the depreciation and the tax benefits as well as it seems like there’s lots of benefits to going down this road with you as well too.
Speaker 1 (24:28):
Yeah, I mean all that combines, right, everyone. Now, some investors are certainly focused more on cashflow, some more on tax benefits, but regardless of what you’re focused on, all those things are happy simultaneously. And so that’s the beautiful thing about real estate is just growing your wealth through all those things. Even though you may have a strong focus like, Hey, my goal is to reach $10,000 a month, passive income cashflow, great, that’s fantastic. Let’s also be conscious of how do we strategically get there with the right tax benefits, make sure we have the best lending in place. We have some access or we have access to some really creative lenders across the board that I think that’s always interesting for people to find out about. We have builders that will offer seller financing at 3% on an interest selling loan for two to four years.
That really significantly increases cashflow. We have portfolio lenders in our network that will offer multiple investment properties with as little as 5% down on up to five investment properties. And people hear that’re like, well, yeah, that’s Fannie Mae, I need to live in the house. No, this is a true investment property. They’re like, no, but I need to put 20 to 25% down. No, that’s not necessarily true. You just need to know what lenders, but I mean different goals for different people, different financing options. The goal is to understand what your criteria is in your strategy and then help you apply that.
Speaker 3 (25:46):
So if you’re listening to this, you’re really listening to how to become a real investor in real estate, a real estate investor where you might have a business now and you might begin into wholesaling flipping or something like that. But this is how to add more to what you already have going on. If you don’t want to build a team and do it yourself, this is a great outlet. And then if you’re like, you’re listening to this and you haven’t started, but you have money versus the time, this is a great way to jump into real estate and start as an investor and have someone basically handhold you and give you these properties and be like, okay, here’s what the returns mean. Here’s where it is, here’s how we vetted it, all this stuff. So that’s where it’s like, I love this type of thing. So Zach, if people wanted to get more information here or they wanted to reach out or they wanted to work with you, or how would they do that?
Speaker 1 (26:35):
Yeah, thank you for that, David. We always refer people just to our website, it’s, excuse me, rent to retirement.com. That’s rent TO retirement.com. That has links to all of our social to our podcast. We put out a lot of information on YouTube and through our podcast, just all things real estate. You can listen to David on our show. Of course, he provided a lot of value there. You can also text REI to 3, 3 7, 7, 7 if you’re in the car listening to this, and that’ll give you on our list to receive all our information so we’d be happy. Our goal is to always add value to anyone, even if you’re not interested in investing in turnkey, if you just need a lender recommendation, you want some market data reports. If you want some of the resources on the lending side that we just talked about, just reach out. Our goal is to add value to everyone we speak with
Speaker 3 (27:23):
And if they need an eye exam, just kidding, it doesn’t
Speaker 1 (27:25):
Sound like you’re doing, I’m still licensed. I’m still licensed. Still licensed. I won’t charge you for it. Yeah, maybe I’ll throw that in as a freebie for a property and investment property.
Speaker 3 (27:33):
I love that. Get a free eye exam or property. Good stuff, man. I’d probably take you up on that. I’m just one here. But no, this has been great. I love hearing your journey and how you were still doing other things besides real estate, and then you were able to then walk away from it when you wanted to and still do it. Still your passion now, it’s just now you can throw it in with a property. It’s like at your leisure that you can do it. So I loved hearing that journey. I also loved hearing about how you got into it with your own Rich dad. You had your own mentor up front, your father-in-Law, getting into that stuff. So that was a great story. But then also just how passive income and how rental portfolios and how you build that and that you, it’s usually the who, not the how.
This is a who to your how of building a rental portfolio. So this was good stuff. So that was rent to retirement.com. Go check them out. Make sure that if you want to go down this road, these are good people that will take care of you. Then if you’re thinking about this and you’re like, oh, shoot, I have no idea what’s going on in my business. I have no idea if I can even afford a rental property right now, or I have no idea what’s going on. Go to simple cfo.com, help us to help you give you clarity so you can actually sleep at night and buy rental properties and become a real estate investor and a business owner and not a chicken who’s running around with his head cut off or her head cut off. Thank you so much for listening. Remember to keep profit a habit in your business and make it so. And then, Zach, thank you so much for being a great guest on the Profit first REI podcast.
Speaker 1 (29:01):
Speaker 2 (29:03):
This episode of The Profit First for REI podcast is over, but there are plenty more where that came from. Are you ready to learn how David and his team can help implement the Profit First system in your business? Schedule a discovery firstname.lastname@example.org right now. We’ll see you next time on The Profit First for REI podcast with David Richter.