A real-estate investor who generates $342,000 of annual cash flow shares his unique spin on a popular investment strategy that's helped land him 114 units
This story is available exclusively on Business Insider Prime.Johnny Andrews first became interested in real-estate investing when he grew tired of slogging away at a traditional 9-to-5 job.
Today, Andrews says that each of his 114 properties — he has another 6 under contract — brings in $250 to $275 a month in cash flow. That translates roughly into $342,000 annually.Before Johnny Andrews became a real-estate investor with 114 units in his portfolio , he spent time pouring energy into a traditional career as an emergency room nurse.
" podcast. "And I knew there would be something different — there's got to be something else out there.". But not everyone was keen on and supportive of his new venture into a more non-traditional career path. Luckily for Andrews, he ignored his peers' skepticism and went on to purchase his first house as a solo venture. For $33,000, he was able to scoop up a property in a working-class neighborhood in Baton Rouge, Louisiana — his home market.
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