Rentals Replaced My Income in 11 Years (Even After Making Every Mistake)

Aaron Murphy shares how he replaced his and his wife’s W-2 income by building a portfolio of long-term rental properties over 11 years. Starting with just $12,000 down on a property outside his expensive city, he made serious mistakes on his first investment but developed a repeatable system that grew to 75 units. The conversation covers the BRRRR method, avoiding common early pitfalls, and the simple tactics that helped him scale. Recording from Portugal during a year-long trip around the world, Aaron emphasizes that taking the first step and learning from failure were the keys to his freedom.