E69: How to make money in Real Estate (In 2024)

Real estate investor Scott Shindelar explains how Millennials can achieve financial freedom through leveraged rental property investing, tax strategy, and smart long-term planning.

Guest Bio:
Scott Shindelar is a former geologist turned full-time real estate investor and entrepreneur. By age 30, he had amassed over 100 residential units, co-founded a real estate coworking space and property management company, and authored The Millennial Map to Millions in Real Estate, a practical guide to building wealth through rental property investing.

Topics Discussed:

• How Scott started with a fourplex at 23 and scaled to 100+ units
• The power of leverage and the “buy, borrow, die” wealth strategy
• Comparing single-family homes vs. multifamily units
• Real estate tax advantages and asset protection via LLCs
• Managing properties vs. hiring property managers
• Airbnb, inflation, and market trends
• Financial independence, family life, and unconventional living
• Practical advice for people starting with $10K or less

Top 3 quote

• “Real estate isn’t just about profit—it’s about control, cash flow, and living life on your terms.”

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