Posts - Page 8 of 8 - Rich on Money

My name is Rich. I like to talk about money.

I paid off $32,000 in student loans in a year.
Paid off our $280k mortgage in 7 years.
Flipped several houses in Washington D.C. to help build income for real estate investing.
Purchased twenty rental properties that are paid off.
Currently manage 30 units myself.

Let me tell you a story.

How do you summarize your financial life in a blog post?

What if it’s your first post ever?

I’ll give it a shot!

I met my wife in college and quickly realized she was the right person for me. Before she married me, she asked me a question that I didn’t know the answer to. It was a question that I didn’t want to know the answer to. (We are recently divorced, but still have a great relationship)

“How much money do you owe in student loans?”

(Very blank look from me)

Thinking back over the last 3 1/2 years of college, I remembered getting some grants and a partial scholarship from the military for majoring in Chinese, how bad could it be? I remember taking out a few student loans to help make ends meet (a.k.a. always eating out and vacations with rich friends).