Make More Money, Honey: Hacking the STR Business Model with Rachel Richards
At the age of 27, Rachel Richards quit her job and retired. She is now living off $20,000 per month in passive income. Rachel is the bestselling author of “Money Honey” and “Passive Income, Aggressive Retirement.” She built a real estate portfolio of 38 rental units by the age of 26. She makes the topic of money management fun, entertaining, and simple for her 250,000+ millennial followers.
We talk about the advantages of being an out-of-state landlord, her mental health journey during her busiest years, how she’s reframed failure, and making sacrifices while scaling up. Rachel also shares some incredible investment hacks, like operating a cash-efficient boarding house and leveraging a real estate license to better survey a market’s listings.
Rachel helps women feel excited, capable, and confident about their financial futures. And listeners, just wait because Rachel is vulnerable, honest, and is going to help you just keep going right now, especially if you’re going through something tough. This is the episode for you.
- Passive Income: www.moneyhoneyrachel.com/passiveincome
- Website: www.moneyhoneyrachel.com
- Instagram: www.instagram.com/moneyhoneyrachel
- Money Honey: https://amzn.to/3QhLVyH
- Passive Investment, Aggressive Retirement: https://amzn.to/43E2Oqh
It’s time for #strsharesunday! Today we are sharing Archhouse WA 😍
Here’s a TFV first… an arch house! This super cute 1970s arch house is hosted by Alex and Erica, who are both in the graphic design world.
You have GOT to go to their feed and give them a like on all their pictures. This spot is so unique and special and we love that they have really leaned in on the uniqueness of this property. And they’ve done an amazing job rehabbing it! You can really tell they’ve put a lot of blood, sweat, tears, and money into it but it is SO worth the effort.
The before and after pictures are great! We hope you can get a ton of inspo from checking out this property. Check out how they’ve put the beds in this cabin, how they’ve put a couple of different beds in such a thoughtfully designed way.
We see you and the mustard yellow exterior casing, your mustard yellow sofa, and the painted green beams, Alex and Erica! We can tell you’re artists because there is a subtle through line throughout the entire property, and we are here for it. It is so good.
ANNNND they have some availability this month, so check them out and snag up those spots before we do!
We would love to feature YOU, so don’t forget to use #STRShareSunday to get your chance!