‘Isn’t she 24?’: Bill Belichick’s girlfriend Jordon Hudson now owns $8M rental property empire

“How does she person her existent estate? Isn’t she 24?” 1 tenant asked the New York Post, aft discovering the cheerleader-turned-landlord owned the four-bed Dorchester location they were renting with others for $4,900 a month.

Hudson acquired 3 multi-family properties successful precocious 2023, according to owe records reviewed by Realtor.com. Her existent property portfolio present includes a $2.2 cardinal townhouse successful Dorchester, a $2.3 cardinal spot nearby, a $3 cardinal gathering successful Boston’s Roxbury Crossing vicinity and a $610,000 Cape Cod cottage successful Harwich — astir 80 miles southeast of the city.

That’s rather the empire — particularly astatine a clip erstwhile soaring costs person priced galore young Americans retired of the lodging marketplace entirely.

Dominic Fantoni, a pupil who splits $9,100 successful monthly rent for 1 of Hudson’s apartments, was baffled by the discovery: “I’m 21 and we are each struggling to wage rent. I wonderment however she came into each that.”

Read more: Here are 5 ‘must have’ items that Americans (almost) ever overpay for — and precise rapidly regret. How galore are hurting you?

While Hudson’s accelerated emergence arsenic a landlord is unattainable for most, the bully quality is you don’t request millions to get started generating passive income successful existent estate. You don’t adjacent request to bargain a spot outright.

One fashionable enactment is investing successful existent property concern trusts, oregon REITs. These are companies that ain and run income-producing properties — similar flat complexes, buying centers and bureau buildings.

Think of a REIT arsenic a elephantine landlord: It collects rent, manages the properties and passes astatine slightest 90% of its taxable income backmost to investors successful the signifier of dividends.

Because galore REITs are publically traded, investing successful them is arsenic casual arsenic buying a stock. You tin acquisition shares done a brokerage relationship and commercialized them passim the time — making REITs 1 of the astir liquid ways to put successful existent estate.