AIE 103: New Investor Buys 1 LTR and 2 Airbnbs in 1 Year

<p>This week, Lauren brings you her interview with Mark Holmes. Mark and his wife have both a long-term rental (LTR) and short-term rentals (STRs) in their portfolio, which is why Lauren invited him on the podcast. The two go over their cash flow numbers for the 3 properties, which by the way were purchased in 2022. They discuss retirement plans and numbers. Lauren asks about the controversial decision to take early withdrawal penalties from a 401k to invest in real estate. They even get into their new step in entrepreneurship: opening a flower shop! Did we mention they also had their first baby this year?! Wow. &nbsp;</p> <p><strong>Follow the Adulting Is Easy YouTube Channel:</strong> https://www.youtube.com/channel/@adultingiseasy</p> <p><strong>About Mark: &nbsp;</strong></p> <p>Mark Holmes and his wife Brie started investing in 1 long-term rental (LTR) and 2 short-term rentals (STRs) in April, June, and October of this year, 2022. They both work W2’s and have leveraged his 401K via loan and 2 withdrawals to kick start their real estate investing journey. They’re also exploring opening a flower shop. Their goal is to have enough cash flow to have the option to retire by the end of 2025! Mark and Brie have a golden retriever named Tatum and had their first baby boy, Jackson, in September. &nbsp;</p> <p><strong>Connect with Mark: &nbsp;</strong></p> <p>https://twitter.com/RealTatum57&nbsp;</p> <p><strong>Sponsored by Steadily Insurance: </strong>https://adultingiseasy.steadilypartner.com/&nbsp;</p> <p><strong>Connect with Lauren: </strong>https://twitter.com/AdultingIsEasy &nbsp;</p> <p><strong>Download rental resources:</strong> https://adultingiseasy.gumroad.com/ &nbsp;&nbsp;</p> <p><strong>Schedule a coaching session:</strong> https://www.realadultingiseasy.com/book-online &nbsp;&nbsp;</p>