519: 5 Keys to Becoming a Millionaire on Less Than $100k Per Year

<p>You may know&nbsp;<a href="https://www.instagram.com/wealthfromrentals/?hl=en" rel="noopener noreferrer" target="_blank"><strong>Ashley Kehr</strong></a>&nbsp;from the&nbsp;<a href="https://www.biggerpockets.com/real-estate-rookie-podcast" rel="noopener noreferrer" target="_blank"><strong>Real Estate Rookie Podcast</strong></a>, but you may not know that only a short time ago she was a rookie herself. Ashley started as a property manager for a local investor and slowly made her way from owning one property to&nbsp;<strong>owning thirty-three long-term rentals, a&nbsp;</strong><a href="https://www.biggerpockets.com/blog/airbnb-arbitrage" rel="noopener noreferrer" target="_blank"><strong>short-term arbitrage property</strong></a><strong>, two commercial units, and one&nbsp;</strong><a href="https://www.biggerpockets.com/blog/mobile-home-parks-hottest-asset-class-2020" rel="noopener noreferrer" target="_blank"><strong>mobile home park</strong></a>. Quite a diverse portfolio!</p><p>What makes this even more impressive is that Ashley wasn’t coming into real estate with boatloads of cash. In fact,&nbsp;<strong>she and her husband have never collectively made more than six figures from their W2 jobs</strong>. So how does someone with a median income generate such a massive amount of&nbsp;<a href="https://www.biggerpockets.com/blog/rental-property-cash-flow-analysis" rel="noopener noreferrer" target="_blank"><strong>cash flow</strong></a><strong>, appreciation, and&nbsp;</strong><a href="https://www.biggerpockets.com/blog/investor-spotlight-erin-helle" rel="noopener noreferrer" target="_blank"><strong>time freedom</strong></a>?</p><p>Ashley discusses the<strong>&nbsp;five fundamentals of real estate investing</strong>&nbsp;that led her to&nbsp;<a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-503-part-1" rel="noopener noreferrer" target="_blank"><strong>seven-figure net worth</strong></a>. These fundamentals can be used by anyone, at any stage in real estate investing, no matter their experien