Real Estate Investment Success Story: How Matt Krueger Quit His Job at 29 to Focus on Real Estate and Airbnb Management

Matt Krueger, a 30-year-old from Iowa, made a bold decision in 2022 to quit his job in sales and pursue a full-time career in real estate investing and Airbnb management. This decision not only allowed him to increase his income significantly but also enabled him to become a stay-at-home dad and spend more time with his family.

Krueger and his wife started their real estate investment journey in 2015 by buying and renovating houses as they lived in them. They used a strategy called “house hacking” to generate income from long-term rental properties. Over the years, they continued to buy, renovate, and rent out properties, steadily increasing their rental income.

In 2021, Krueger decided to enter the short-term rental market by listing properties on Airbnb. This move proved to be a game-changer, significantly boosting their revenue from property investments. By the following year, Krueger was able to quit his day job and focus entirely on real estate investing.

Despite the success in short-term rentals, Krueger acknowledges the increased administrative work involved compared to long-term rentals. However, he has implemented strategies to streamline processes and automate certain tasks, allowing him to maintain a balance between work and family life.

Looking ahead, Krueger hopes that real estate investment will continue to support his family for the foreseeable future. He plans to leave the properties to his children, building generational wealth and financial security. With a strong foundation in real estate and a proactive approach to managing his investments, Krueger remains optimistic about the future.

From humble beginnings as a cellphone rep making $35,000 a year to achieving over $258,000 in revenue in 2023, Krueger’s story is a testament to the power of perseverance, strategic decision-making, and the potential for financial success through real estate investment.