Saving Over Half Their Income, a Couple Built a $2 Million, Nine-Property Rental Portfolio in Seven Years
3 min read · RealCase summary
Shu Matsuo Post and his wife, Christina, lived on her teacher's salary and saved essentially all of his, putting away more than half of their combined income for years, according to CNBC Make It. By the time they bought their first property they had more than $250,000 saved.
That first purchase was a duplex in Minnesota in 2018 for $216,500. They bought three more properties by 2019 in Minnesota and New York, and kept going for about seven years. Their portfolio now includes nine properties — six rentals in the U.S. and three in Japan — worth about $2 million.
When Post was laid off from his corporate job in September 2022, he was already financially independent. At 38, living in Japan with his wife and two children, he runs a YouTube channel with more than 100,000 subscribers and a consulting business helping foreigners buy property in Japan. 'I don't have to work for money,' he said, though he prefers to keep doing engaged work.
Key takeaways
- ›Saved more than 50% of household income; lived on one salary
- ›Had $250,000+ saved before buying the first property
- ›First buy: a $216,500 duplex in Minnesota in 2018
- ›Nine properties (six in the U.S., three in Japan) worth about $2 million
Original source
Read the original (CNBC Make It via NBC New York)
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