Retired at 46: How One Real Estate Investor Gives Back to His Community
New Hampshire-based Investor Retires at 46 After Building 100-Plus Unit Real Estate Portfolio
After years of working full-time for a software company while building a 100-plus unit real estate portfolio on the side, one New Hampshire-based investor has retired at the age of 46. Known as “The Lumberjack Landlord” for privacy reasons, Matt purchased his first property in 2001 and has since focused on acquiring long-term rentals.
With his newfound time, Matt has thrown himself back into the real estate business. His most recent acquisition is a former jail that he plans to turn into housing for disabled veterans. This project, part of his mission to give back to his community, is set to be completed in September 2024.
While Matt can afford to take on larger projects now, he emphasizes the importance of giving back at any stage of an investor’s career. He believes that even those with smaller portfolios can make a difference in their communities while still turning a profit.
By diversifying the types of tenants he rents to and repurposing properties to make them more affordable, Matt and other investors like him are finding ways to give back through their real estate investments. Government programs also offer incentives for landlords who rent to Section 8 tenants or keep their units at fair market rent.
Overall, Matt’s story serves as an inspiration for investors at any level to consider how they can make a positive impact on their communities through their real estate ventures.