Early Retirement at 36 with Just 4 Rental Properties

Early retirement was a goal for today’s guest, Antoinette Munroe, the moment she started making money. Her money journey started in second grade when she sold her Halloween candy for extra cash. By high school, she graduated to selling a wide variety of different things and even started her own distribution network with her cousins at their respective schools.

By the time she got to college, her main focus was staying out of trouble, avoiding debt and saving. It wasn’t until her last semester of grad school that she had to take out loans. After graduation, her priorities shifted, and she got a job to pay off her debt. Starting with her first check at her new job, she laid out her budget ABCs. Her ABCs follow a simple principle; automation, balance, and consistency. And after two years, she paid off her $27,000 debt!

In 2015 she decided to start looking for a home, and by the end of 2015, she purchased one. She did a complete rehab on the house while also adding an addition in hopes of getting rid of her expenses to achieve her ultimate goal of not having to work. She put the finished addition on Airbnb, and it now cash flows and pays her expenses. After she realizing the power of real estate investing to build net worth and generate wealth, she did this three more times and now owns four cash-flowing properties. She is now retired and lives the free life of leisure she always envisioned for herself.

~~~~
Join the BiggerPockets Money Facebook Group:
~~~~
Grab Scott’s Book “Set for Life”:
~~~~
Connect with Antoinette on BiggerPockets:
~~~~
Paying Off Debt (& Avoiding Debt Relapse):
~~~~
9 Ways to Save Money You Have Probably Never Tried:
~~~~
12 Sneaky Habits That Kill Your Budget in the Night:
~~~~
Follow Antoinette on Social Media:
~~~~
Want to Be a Guest on the BiggerPockets Money Show? Apply Here:
~~~~
Connect with Scott and Mindy on BiggerPockets:

Episode 295

00:00 Intro
03:20 The Beginning of Her Money Journey
09:54 Paying Off College Debt
14:48 Quitting Her Job & Buying Her First Property
23:05 Using Airbnb to Generate Passive Income
26:28 Buying Her 2nd and 3rd Property
32:11 Her Journey as a Real Estate Investor
40:34 Her Retired Day to Day Life
44:52 Her Next Steps
47:00 Famous Four

[allisonquinteros]

By far my favorite episode. So much to love here, especially being content in what she has and living below her means.

[DionTalkFinancialFreedom]

Beautiful

“If it was in a 401k I would still be working”

[lucasp]

omg..I thought it was wrong to feel like this...I also just want to be freepreneur....I have not interest in being an entrepreneur....

[prettynestd]

To have this mindset in your early 20s is amazing!

[Ken]

This is exactly how I feel about life, all I want is freedom. Still on my journey in the workforce but hopefully soon I will be able to break free! 🙏🏾

[darienfowler]

I pray my daughter grows up to be this smart and wise. She inspires me as a parent.

[Llama_vet]

This sister is a queen and she earned that title. I’m rocking with her!

[gethome]

Very intelligent and great decision maker from a young age! No wonder she's retired!! Also, she's beautiful and does NOT look 36, SOO well done!

[caleberwin]

I love her philosophy. Couldn’t agree more with her opening statement.

[jacqueline]

Antoinette did what im tryna do 😭 This was the video I needed to hear

[michellewright]

Wow. I love that she added "strategic doors" and kitchenettes to maximize the houses and she has flexible terms that work for everyone involved. Love it.

[johnpyejr.]

This young lady is so fricken smart!..Awesome interview. I'm so inspired.

[pablogomez]

Charming, smart, and surprisingly so humble guest. Great podcast, and great guest choice.

[Nemo]

Antoinette is so dope with an amazing story. I will teach this to my future kids... as Dave Ramsey said.. she lived like no one elso, so now she can live like no one else. Such an inspiration.

[violetsinclairerealtor]

Wow! This is by far my most favorite podcast from BP about a creative, relatable, and down to earth individual. Truly an inspiring journey and please keep us posted about Antoinette's future endeavors!

[shesfabulouz]

FAMU producing some of the best people. Congratulations Antoinette! #Rattlerpride

[sandrawithoutborders]

She’s definitely a rockstar. Her approach is so inspiring.

[reubenflores]

Antoinette is a great story teller, very inspiring

[ashleypaigeb]

She's killing it! Very inspiring!!

[verbze]

her systems to keep herself in check are impresive! I love her "shopping therapy". It takes extreme discipline to stay committed to a crafted vision of the future! Also, her smarts in leveraging debt is off the charts. most people would have fumbled this. I think her secret is her ability to live on very little, and do away with the uncessary luxuries most of us tend to sink our dollars in.