Rentals Replaced My Income in 11 Years (Even After Making Every Mistake)

In just 11 years, Aaron Murphy has replaced his and his wife’s income with repeatable, long-term rental properties. No complicated strategy. No huge windfall of cash. He made serious mistakes on his first true investment property, but quickly developed a “foolproof” system that allowed him to scale to an impressive real estate portfolio and gave him a sustainable exit path out of his W-2 job.After getting tired of the “do this or don’t get paid” mentality at his job, Aaron realized he needed another source of income. Stocks required too much upfront cash, homes in his city were too expensive, but what if he looked outside the city? He bought his first property with around $12,000 down, saved up more money, repeated it, made mistakes, succeeded, failed, and did it again, until he had a process that built wealth on repeat.Now, Aaron has an entire rental portfolio to rely on for income as he takes this interview from Portugal as part of a one-year trip around the world. It’s only possible because he took the first step—buying just one property. Henry: We always say this, anyone can replace their income with real estate in eight to 12 years. Today’s guest, Aaron Murphy, is proof that t...