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Home»Business»Finance
Finance

How a 38-Year-Old Achieved Financial Independence with Passive Income and Built a 7-Figure Real Estate Portfolio

September 17, 2024No Comments2 Mins Read
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In a CNBC Make It article, it is revealed that Shu Matsuo Post, 38, has built a $2 million real estate portfolio through consistent saving and investing over the span of seven years. Matsuo Post lives in Japan with his family and is financially independent, not needing to work for money. Besides managing his investments, he creates online content about real estate investing and owns a consulting business that assists foreigners in purchasing property in Japan.

Matsuo Post’s journey towards financial independence was not linear. He shifted careers multiple times, working in industries like journalism, retail, and technology before settling on real estate investing. After moving to the U.S. at 15 and spending eight years there, he also worked in Hong Kong before returning to Japan with his wife, Christina. The couple began investing by saving Shu’s salary and living off of Christina’s income as a teacher.

In 2018, Matsuo Post and his wife purchased their first property, a duplex in Minnesota. Within a year, they bought three more rental properties in Minnesota and New York. After being laid off from his corporate job in September 2022, Matsuo Post decided not to return to the corporate world but instead focus on creating content and running his consulting business. His YouTube channel has over 100,000 subscribers, and he is passionate about engaging work that does not require retirement.

Matsuo Post shares three tips for achieving financial independence: investing in oneself, increasing earning potential, and maintaining a frugal lifestyle by saving more than 50% of income. He emphasizes the importance of ongoing learning and surrounding oneself with individuals who have achieved similar goals. By saving and investing wisely, one can take calculated risks that may lead to higher potential payouts and financial independence. Matsuo Post encourages individuals to take control of their finances and work towards building a sustainable wealth strategy.

For those looking to improve their financial literacy and take control of their money, CNBC offers an online course to help individuals hack their budget, reduce debt, and grow their wealth. By enrolling in the course, participants can gain practical strategies for financial success. Additionally, signing up for CNBC Make It’s newsletter provides tips and tricks for achieving success in work, finances, and life. By staying informed and engaged with resources like online courses and newsletters, individuals can make sound financial decisions and work towards achieving their goals.

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