Teacher Bryce Stewart shares how he retired at 35, quitting his $50,000-a-year job to make $20,000 a month as a small-time landlord

Screen Shot 2021 02 26 at 11.43.52 AM
Bryce Stewart is a middle school teacher turned real-estate investor who was able to retire at 35 thanks to the passive income from homes he bought and rents out.

  • Bryce Stewart worked as a middle school teacher in the small city of Bethlehem, Pennsylvania.
  • Stewart used savings and a loan from his in-laws to start buying properties to rent out in 2009.
  • He retired from teaching at 35 due to rental income from tenants, which can total $20,000 a month.
  • Visit the Business section of Insider for more stories.

You could learn something from this former teacher.

Meet Bryce Stewart, a middle school teacher turned real-estate investor in Bethlehem, Pennsylvania. 

In 2009, he bought one property to rent out using a small sum from his own savings – after all, he made just $50,000 a year – plus a loan from his in-laws. Once Stewart found tenants, he continued to buy properties, using less traditional loans and tactics to come up with capital for the down payments. 

Stewart now pockets up to $20,000 a month in passive income from 37 properties he owns in Bethlehem, a small city less than 90 miles from both New York and Philadelphia.

Because of his real-estate investing successes, he was able to quit his day job in 2015, at the age of 35. Stewart’s creative strategies to become a landlord 37 times over paid off and enabled his early retirement. 

In an exclusive interview with Insider, Stewart explained how he financed the growth of his real-estate portfolio from just one unit to 37 despite having very little savings. 

SUBSCRIBE TO READ THE FULL STORY: Bryce Stewart breaks down exactly how he retired at 35 and rakes in $20,000 a month in passive income from real-estate investing

Read the original article on Business Insider