Episode #996 Episode Show Notes: https://link.chtbl.com/BPRE Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Grab Your Copy of “Rich Dad Poor Dad”: https://store.biggerpockets.com/products/rich-dad-poor-dad?utm_source=youtube&utm_medium=description&utm_campaign=none Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders See Henry at BPCON2024 in Cancun! https://www.biggerpockets.com/events?utm_source=youtube&utm_medium=description&utm_campaign=none 4 Serious Points to Consider Before Quitting Your Miserable Job to Invest: https://www.biggerpockets.com/blog/before-you-quit-consider-this?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Grant: https://www.biggerpockets.com/users/grantf1?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Henry: https://www.biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none Can rental properties replace your W2 income, lead you to financial freedom, and help you build multimillion-dollar wealth in the process? Yes, and Grant Francke is proof you can do it in a few years or less. After the burnout of forty-eight-hour shifts as a railroad conductor (yes, you read that right) left him searching for an escape, Grant stumbled upon real estate investing and the "BiggerPockets Real Estate" podcast. Within three years, he built up enough cash flow to quit his job and never looked back. In today’s show, Grant walks through the “boring,” stable, and safe rental property investments that have led him to complete financial freedom. He’ll touch on the first duplex he bought, why Grant prefers multifamily real estate to single-family homes, reverse-engineering your financial freedom to calculate HOW many rentals you need, and the sacrifices he had to make to get there. If you’re tired of missing out on time with your family, children, or friends and want to start living life on YOUR schedule while making MORE money than you would at your job, this is the place to start! 00:00 Intro 02:02 48 Hour Shifts!? 03:17 Replacing His Salary 10:21 Quitting and Buying First Rentals 17:33 Current Portfolio and Financing 21:19 Real Deal Review 24:37 Scaling with “Controlled Growth” 30:39 Replace YOUR W2