JF2327: Turnkey Rentals With Eric Martel


Manage episode 282368889 series 2713647
By Joe Fairless. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Eric purchased his first apartment building at just 18 years of age while still at university. After graduation, in his position as an actuary, he was dismayed to see hundreds of company pension plans being rolled over into 401(k)s shifting the retirement risk to employees. This made him reconsider traditional beliefs about retirement saving. It also made him question his role as an actuary so he joined the lucrative technology industry. A few years later he lost a fortune during the Dot com crash of 2001 and he started looking for ways to earn passive income and stop trading time for money. He started various businesses, including a gourmet sauce company, but eventually came back to his first love of real estate investing and formed MartelTurnkey with his sons. After just four years of rapid success he was able to retire from his day job. Now he wants to share what he’s learned so you don't make the same mistakes he did. Eric Martel Real Estate Background: Full-time real estate investor for over 4 years Owns a turnkey rental provider; selling 10 properties a month Portfolio consist of 100 units in midtown Memphis Based in Los Angeles, CA Say hi to him at for more info on groundbreaker.co Best Ever Tweet: “Just take action, I think people are waiting and hoping for the greatest deal ever.” - Eric Martel

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