scott trench biggerpockets podcast

She left college with $100,000 in student loans and a burning desire to find a high paying job to live out her Carrie Bradshaw dreams of living in NYC. I am also interested in the audio version. When the market shifts – and it will – many of the newer investors (post-crash) will lose everything and guys like Scott will snatch up their properties at a discount. Join Mindy Jensen and Scott Trench (from BiggerPockets.com) weekly for the BiggerPockets Money Podcast. Cristina stopped spending lavishly on things that didn't matter, started focusing on what made her happy, and now helps others manage their finances to get money out of the way and live their best lives. He started off debt free from college, a HUGE leg up in life in general. This episode will help clear up some of the questions you may be having on your road to early financial independence. What was the 200-something loan product, I think Brandon mentioned on the podcast? Kirk shares his Big List of 75 Alternative Investments with us today - and mor Author and coach Dan Sullivan joins us to talk about the secrets of success behind the 20,000+ entrepreneurs he’s coached over the past few d... BiggerPockets Real Estate Podcast Scott Trench is the CEO and President of BiggerPockets Join David Pere and Alexander Felice (The Military Millionaire Podcast) with Scott Trench as … Scott, your attention to detail is amazing. Blake currently loves his job and has no plans to stop working - but still wants the freedom that financial independence gives. That was when he knew he had to stop cold turkey. The... BiggerPockets Real Estate Podcast BiggerPockets Money Podcast 141: How to Graduate College Debt-Free and Pursue FI Before 40 with 4 kids! RE has very high front-end and redemption costs. David – I have great respect for your long history as a real estate investor and am very grateful for your compliment here. Joe is here today because he understands how life insurance works - how it's priced, how you can use it, the pros and cons of the product - but he has no skin in the game whether you buy life insurance or not. * criminal record or Email hack. BiggerPockets Money Podcast 153: Bill Bengen (The Inventor of the 4% Rule) Talks Retirement, Past Crashes, and How You Can Withdraw Even More! ... show more, Scott & Mindy sit down today to answer questions sent in by listeners. On today’s episode, Belinda shares her biggest money mistake - ignoring a giant pile of mail as she cared for her recovering father. Scott Trench is a perpetual student of personal finance, real estate investing, sales, business, and personal development. At first, he was winning. Create an account today to get BiggerPocket's best blog articles delivered to your inbox. When she came back, she realized she didn’t need all the things, didn’t need the stress that came with the big corporate job, and struck out on her own, filling a need she saw in her own friends - financial education. She looked back on her love of teaching, and decided to start a website devoted to teaching women - and moms specifically - how to handle their money. I’m sure it can be done, but in a hot market trying to purchase a house at 70-80% of value with an FHA loan (especially if it’s 203k), can be tough! Just finished reading Set For Life on my Kindle after listening to this Podcast. * Facebook and whatsapp hack Determination, dedication, and discipline with finances is a hard task to accomplish in your lifetime never mind in your 20’s. In his Original Article from the Journal Of Financial Planning, October 1994, Bengen outlined a groundbreaking calculation: a 4% withdrawal rate from your retirement accounts is all you need to comfortably retire (if enough is saved up). Today, Joe Saul-Sehy, host Dec 09, 2020. Thankfully, it didn’t take him 30+ years of working to get there! Blog . If you're looking to diversify your portfolio, today's show is a can't-miss episode! He started saving his money, like a good FI-devotee does, but his story takes a sharp left turn. How do you go about it? I was unable to watch the webinar due to time frame. Once she cleared that up, she focused on her own finances, growing her net worth to more than $1 million by the time she was 33. Scott & BP Team, Congrats Scott on the new book! And I’ll need to listen again for the email address to get the bonus… but it’s already preordered on Amazon…excited to read it. ***Please note*** Bonus material emails will not be sent until Sunday, 4/23/2017 when the book officially launches. Just picked up the audio book! You will receive an email with links to the bonus material. id top executive. Click here to log in. I hope your son loves it! http://traffic.libsyn.com/bpradio/bpp-223.mp3, BiggerPockets Podcast 425: Focusing On Your $10,000/Hour Tasks (And How to Outsource the Rest!) Chris and his team interviewed more than 10,000 millionaires to hear how they did it. Start analyzing real estate properties, we do the math for you. Robert now lives life on his schedule. What is the email I can send my receipt to and get the bonus? None of this stopped him from still living below his means, siphoning off a large portion of his income for investments, and capitalizing on special programs such as the 409a plan. He’s a gifted writer, particularly for someone so young. Because that's also how it goes with gambling, right? He talks about the emotional journey that debt paydown can take you on - and how to handle that so you come out on top! Those first 11 properties generated over $2.8 million in capital gains and rents, maybe I should have stopped there? She would take herself on frequent trips to the mall to treat herself when she aced a test, or make herself feel better if she flunked one. When she came back, she realized she didn’t need all the things, didn’t need the stress that came with the big corporate job, and struck out on her own, filling a need she saw in her own friends - financial education. I just order a copy on Amazon. Help us reach new listeners on iTunes by leaving us a rating and review! Great podcast. early financial freedom. ... show more, Shannon Gauthier discovered the debt she and her husband had gotten themselves into when a debt collector caller her at work and she started asking questions. Good job Scott! Thanks so much. to the best high-yield savings accounts, and planning for the gap between early retirement and traditional retirement age when you can access your retirement accounts penalty free. Thanks for all the great nuggets! I can’t wait to see what doors it opens for my family! Secondary markets exist for all asset classes, and there are ways to pick up a good deal on the secondary market as well. Thanks! Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investo... Real strategies that work for real people seeking to build wealth through real estate investments. Great! He went from an engineering student, to owning a small tutoring business, to marketing, and finally landed a sweet gig at Tesla! Kirk also dives into how to sell these types of alternative investments - including at significant discounts if it's an illiquid asset that you need to liquidate fast. He talks about the emotional journey that debt paydown can take you on - and how to handle that so you come out on top! n start investing in real estate, and potentially start a business. Now Ambus helps guide others on their own path to financial literacy through volunteering and through his own coaching programs. With Scott Trench and Mindy Jensen, 162 episodes. Scott Trench is the CEO of Bigger Pockets and author of “Set for Life: Dominate Life, Money, and the American Dream,” one of the best books I’ve read this year! Thank you for laying out the steps so clearly. There's no bad product, only different ways of paying out. Play to your strengths when choosing investments and don't discount passion for an idea. ook on her. ... show more, Belinda Rosenblum is a CPA, a certified coach and her clients include Harvard Business School, Harvard University and the SEC. He lost money on a few real estate deals and he even bought a brand new car (gasp!). So she saved. She spent two years in New York, working hard and spending harder. https://www.biggerpockets.com/show223 A lot of people want to achieve financial freedom - but many who start the journey never arrive. Thank you Scott for putting your ideas and thoughts on paper for others to benefit from. That is a very inspiring story. She moved to LA to run a division covering California and Hawaii, and decided she needed to make a big change. Allison talks about the importance of giving yourself spending, investing, and saving allowances and how you don’t need to sacrifice everything to become financially safe! Scott, in the episode you’re asked how you deal with being in such a hot market. Scott just flipped my world upside down in less than an hour. I look forward to checking out the book. She made smart decisions about her money and is continuously looking for ways to generate passive income to help fund her retirement. So what’s the best way to truly set yourself up for success in achieving financial independence and wealth? Another wise choice Scott makes is to avoid over-leveraging. Cheers! but this episode turned up the heat in regards to our motivation! David Krulac. Companies. Spend less than you earn, invest wisely. So she pivoted. She’s got money all -Donnie & Colleen Martens. was with the Department of Defense, making a decent salary for someone who had just graduated from college. Dec 05, 2020. Since joining BiggerPockets in 2014, Scott has authored wealth-building book Set for Life and joined Mindy Jenson as a host of the BiggerPockets Money Podcast. I had a lot of fun talking with them about personal finance, money fundamentals, our early stories of getting started down the track of financial freedom, and of course, land investing. Members. Joe is here today because he understands how life insurance works - how it's priced, how you can use it, the pros and cons of the product - but he has no skin in the game whether you buy life insurance or not. But then his "luck" changed. A lot of people want to achieve financial freedom - but many who start the journey never arrive. The answer? You’ve refocused our mindset on frugality and keeping our eye on the prize. So how did he do it? Chelsea is truly passionate about teaching the power of financial independence and being in control of your life. Regarding DCA, I don’t think it applies to REI. None of this stopped him from still living below his means, siphoning off a large portion of his income for investments, and capitalizing on special programs such as the 409a plan. Her baby was born healthy, but their income went from six figures to zero figures, and she needed a way to bring some money in. Kathy put in the work to change her mindset about money as a whole, and reach for abundance instead of just survival. I enjoyed the show. Scott & Mindy also discuss different investing platforms as well as retirement planning, taxes, and even how inflation might affect your retirement future. Great Podcast! For those who have money… or want more of it! Blake even shares a Solid Gold tip for finding out about scholarships that aren’t well publicized! For those who have money… or want more of it! Very relatable for me, so I’ve purchased the book and am looking forward to reading it. Robert from Stop Ironing Shirts has had quite a lucrative career path. ... show more, Cristina Livadary immigrated to the US when she was 6, and less than a year later, her father left, leaving her stranded with her mother and sister. Thanks! First off, Scott is a very mature, capable man for his age. Join David Pere and Alexander Felice (The Military Millionaire Podcast) with Scott Trench as they talk about financial freedom, the current real estate market, and Bigger Pockets. She spent two years in New York, working hard and spending harder. * Credit cards fix, Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals, who chat about failures, successes, motivations, and lessons learned. I’m curious, do you have any data to support that statement? He then threw everything he had into building his savings back up, taking on extra jobs, living with roommates, and cutting out everything unnecessary in his life. Anyway, congrats again and I am looking forward to reading your posts! Thanks. How I Went From $0 Net Worth to Qualifying for $1M in Real Estate Financing in 2.5 Years. If you signed up for BiggerPockets via Facebook, you can log in with just one click! The 2% rule more or less argues that for an investment to be great, the monthly rent should be at least 2% of the purchase price (a $100,000 home should rent for $2,000 per month). You can generate $100,000 positive cash flow with 10 properties producing $833/month positive. Great podcast. They address topics all over the board - from student loan repayment and early retirement account withdrawal under the CARES act, Not everything is a great fit for every person, and you certainly don't have to choose everything on the list. we also help to catch cheating spouse  and helps get unrestricted and unnoticeable access to your partner/spouse, GPS tracking, Facebook ,Email, Whatsapp,Text messages, phone calls, check icloud, change school scores, University grades hack,Facebook Hacking,Tricks Database hacking,Erase Criminal records, Bank account hacks,Email Hack, Paypal, MasterCard hack,Google Hack, Hack Facebook Password,Online unlock IPhone Hacking Tricks,Windows Hacking Tricks? Blake shows you can live the FI life with four kids and one income. 2) If you make any improvements to the property with your nights and weekends, you will be able to hopefully add some equity Ever had a card declined when trying to buy the basics? I think that you are the most impressive person I may have ever even heard of! Fast forward a year, and she met a new man who brought significant debt with him to the relationship - to the tune of $60,000! gency. But just because it isn’t a super exciting topic doesn’t mean you don’t need to know about it. Whether you’re just starting your career, or are a few years away from retirement, Kathy has some incredible tips on money management, maxing out retirement contributions, and being intentional with your money and your journey. Because that's also how it goes with gambling, right? 154 episodes. While he had a great job and a partner who was also bringing in a solid paycheck every month, he slowly started to get tired of the corporate bureaucracy, politics, location dependency, and long hours. Incredible that he could write a book and have this much financial savvy at such an early age. Each of their divorces added more debt to their pile and at the height their debt totaled $160,000. There's no bad product, only different ways of paying out. If you HATE the thought of learning more about that investment vehicle, you won't put forth the correct amount of effort necessary to master it. Use at least 8 characters. He has the proof and we couldn’t agree more. Podcast. Connect with 1,000,000+ real estate investors! Thanks Jose! ... show more, Ambus Hunter grew up with a fair understanding of how money works. Scott Trench is the CEO and President of BiggerPockets. Robert has made some mistakes on his path to early retirement. This is an episode you won’t want to miss! I sincerely hope your book will get the traction Rich dad poor dad did because the objective is the same but your book is more actionable and updated for today’s financial landscape. Truly appreciate it! We’ve ordered the Set for Life book and are super excited to use its principles and philosophy to guide us down the runways! This is an episode you won’t want to miss! Can you clarify something about house-hacking though? That was when he knew he had to stop cold turkey. Join Mindy Jensen and Scott Trench (from BiggerPockets.com) weekly for the BiggerPockets Money Podcast. * Phone cloning It seems to be skipped in my podcast app as well (Show goes from 150 to 152). That was the start of Allison Baggerly’s journey into budgeting and saving. Use at least 8 characters. We just wanted to give a shout out to our podcast sponsor on today’s show: RealtyShares. Awesome episode today! Enjoyed the show today! Each week, financial experts Mindy and Scott interview unique and … Frank. Keep up the good work! You'll get tips for getting your financial house in order and actionable advice from guests who have been in your shoes - and found their way out. Benjamin has spent the last few years getting his PhD in organizational psychology, writing books such as Personality Isn’t Permanent and Willpower Doesn’t Work. He received a partial scholarship to play drums in college, and graduated with a small amount of student loan debt. Happy to message you privately if you’d rather and if you have time to discuss! You are correct that you are a less appealing buyer with the FHA loan vs cash or even conventional. As a single dad working his way through college and student debt, Tony knew Spencer – thanks for this awesome comment! The key is that a combination of things work together to help you serial house hack: You need to fix your "No money and bad credit" situation and invest from a position of financial strength. All. e importantly, how to vet the investment vehicle to see if it's right for you. Thanks Nathan – I definitely plan to try to keep working hard and avoid over-leveraging. For those who have money… or want more of it! He specifically chose a rental that was priced significantly lower than the “college” rentals in town - but still close enough to walk to school. You will receive an email with links to the bonus material. We really appreciate it! My only advice: stay smart and avoid the advice of newer investors. The only way I’m seeing is if you buy the first home at 70-80% of value and then refinance out of the FHA loan? After paying off debt, creating a healthy reserve fund, and divvying his money into over 20 different checking accounts (yes, 20+), he was able to reap the rewards of smart financial management and chase down freedom through real estate. All. After paying off debt, creating a healthy reserve fund, and divvying his money into over 20 different checking accounts (yes, 20+), he was able to reap the rewards of smart financial management and chase down freedom through real estate. Blake currently loves his job and has no plans to stop working - but still wants the freedom that financial independence gives. He is CEO of BiggerPockets.com, a real estate investor, and author of the best-selling book Set for Life . Belinda parlayed her financial knowledge into a multi 6-figures company, pivoting again last year to helping businesses strategically and consistently generate income. Join Mindy Jensen and Scott Trench (from BiggerPockets.com) weekly for the BiggerPockets Money Podcast. was with the Department of Defense, making a decent salary for someone who had just graduated from college. Receive a free digital download of The Ultimate Beginner's Guide to Real Estate Investing. She looked back on her love of teaching, and decided to start a website devoted to teaching women - and moms specifically - how to handle their money. I can’t wait to read the book! You will receive an email with links to the bonus material. Set for Life | Scott Trench. But Nick needs to start budgeting, because a dollar here and five dollars there is eating up his overage, so there is very little to save. Is this special still available? Cristina stopped spending lavishly on things that didn't matter, started focusing on what made her happy, and now helps others manage their finances to get money out of the way and live their best lives. Ask Scott Anything! Find local real estate meetups and events in your area. Did I hear that correctly there is special bonus material email address and private webinar for book purchasers? Each week, financial experts Mindy and Scott interview unique and powerful thought leaders about how to earn more, keep more, spend smarter, and grow… I hope to meet in person sometime soon! In the podcast you said someone could live in a hacked house for 1 year, then repeat the process…if someone purchases a house with an FHA loan the only way they can buy a second home is by putting 15-25% down… How do you buy a house with 3.5-5% down and then repeat that process in 1 year with another 5% down loan? Great podcast. She and her husband lived apart for a while, both living where there was a job for each of them, not always in the same state! In today's episode, Scott and Mindy sit down with Nick to go over his current financial situation and use their life experiences to suggest easy wins to help pay down his debt, start saving for future real estate purchases, and start investing for retirement. She took a new job with a huge bump in pay and rode out their boom and subsequent layoffs, taking a package to leave and using that opportunity to travel to India, a life-changing experience. Just email your receipt to [email protected]. If you're in debt and see no way out, this episode will show you there IS a way to paying down your debt, that it isn't always easy, pretty or fun, but it CAN be done. With Scott Trench and Mindy Jensen, 162 episodes. Thanks for all the information. With BP CEO Scott Trench. Through financial management communities like the FIRE movement, she was able to correct her spending faults, earn more, and invest most of her income into retirement accounts. Has anyone ever told you “you’re really good at that, you should make a business out of it”, if so, you may have inadvertently found your “unique ability”. To get the preorder gift, do I just preorder from Amazon directly or do I need to do anything else? Summary Scott Trench is the CEO of BiggerPockets.com, the largest real estate investing network on the internet. Thanks Andrew! A lot of people want to achieve financial freedom—but many who start the journey never arrive. Co-hosted by BiggerPockets' Scott Trench and Mindy Jensen, this podcast provides the education you didn't get in school. That’s the topic of today’s show, where we sit down with. In his Original Article from the Journal Of Financial Planning, October 1994, Bengen outlined a groundbreaking calculation: a 4% withdrawal rate from your retirement accounts is all you need to comfortably retire (if enough is saved up). She would take herself on frequent trips to the mall to treat herself when she aced a test, or make herself feel better if she flunked one. Scott has dedicated his career to helping ordinary Americans build wealth in part through real estate investing. Join Mindy Jensen and Scott Trench (from BiggerPockets.com) weekly for the BiggerPockets Money Podcast. Akin – that’s correct. I myself being just a few years older than you appreciate the information presented in this podcast. Listen to BiggerPockets Money Podcast on Spotify. Thank you SO much for this episode! RealtyShares is a crowdfunding platform that allows you to invest in professionally managed properties without leaving your living room! Congratulations on your success! She tried to pay them off as best she could, but found herself somedays deciding whether to buy a gallon of milk or a gallon of gas to get to work. ved in hotels until her mother was able to find steady work as a chef. His first job Scott and Biggerpockets: Another great podcast. We have a real estate and investing mastermind session in this episode of the BiggerPockets Real Estate podcast! I’m also in a really hot market right now (DFW) and I haven’t been able to compete vs. cash or conventional offers using my FHA. I related to so much in this show and I am looking forward to reading “Set for Life.” I am a 27 year old attorney in the process of buying my first house hack and I am dealing with $80k in student loans, so there was so much in this show that hit home for me. Just wondering. Whether you’re a few years or a few decades away from retirement, this episode features life-changing advice from one of the leaders in financial research. She invested. Now Ambus helps guide others on their own path to financial literacy through volunteering and through his own coaching programs. Scott Trench is the CEO and President of BiggerPockets. As a pro member, do I have the ability to view it? Stick to your plan and you’ll win whether the market is hot, stagnant, or cold. Scott Trench is CEO of BiggerPockets, co-host of the BiggerPockets Money Podcast, a real estate investor, real estate broker, and bestselling author. She was $70,000 in credit card debt, with a big mortgage, and a spouse that had a medical emer She tried to pay them off as best she could, but found herself somedays deciding whether to buy a gallon of milk or a gallon of gas to get to work. applies more to cheaper and more liquid assets, like (index) mutual funds purchases. If you're looking to diversify your portfolio, today's show is a can't-miss episode! I loved the podcast and forwarded to my brother-in-law. Bill Bengen, the inventor of the 4% rule (and personal finance hero of Mindy & Scott) stops by the Money Podcast to talk about I have listened to about 100 BP podcasts and that was definitely in my top 3 favorites. Receive a free digital download of The Ultimate Beginner's Guide to Real Estate Investing. In today's episode, Scott and Mindy sit down with Nick to go over his current financial situation and use their life experiences to suggest easy wins to help pay down his debt, start saving for future real estate purchases, and start investing for retirement. This episode is for anyone who has made a money mistake, anyone who has gotten past one, or anyone looking to start their own business to truly live the life they want. to the best high-yield savings accounts, and planning for the gap between early retirement and traditional retirement age when you can access your retirement accounts penalty free. Was that podcast deleted intentionally? Nick's in a good place right now, but following Scott & Mindy's suggestions should help him get money out of the way so he can go on to lead his best life! It takes just 30 seconds and instructions can be found here. figured out, right? #20 Scott Trench: Bigger Pockets CEO/President Extraordinaire⠀ ⠀ “Living a life of financial independence takes sacrifice and strategy!”⠀ ⠀ In this episode, Scotts discusses F.I.R.E and how frugality and grit pushed him to financial independence.⠀ ⠀ Scott is the CEO and President of BiggerPockets. Unless…. Akin. This was a great podcast. 4) If the market improves, you may benefit from appreciation Scott has dedicated his career to helping ordinary Americans build wealth in part through real estate investing. Each week, financial experts Mindy and Scott interview unique and powerful thought leaders about how to earn more, keep more, spend smarter, and grow wealth. Scott Trench talks about personal finance, real estate investing, and hard questions posed by the coronavirus. That puts him in the top 4%! Scott, it wasn’t until the end when you shared your age that I realized how young you are. On podcast 205 Dave Meyers said I was possibly the most mature person in his 20s he had ever met BESIDES Scott Trench. He also knew he didn’t want to repeat the same real estate mistakes as his parents. Very helpful! Send a screenshot/photo/scan of your receipt to [email protected].com. ... show more, Blake Nielson is a college professor whose wife stays home to raise their four children. Joe walks us through the basics and shares how life insurance actually covers you - from term, to whole, to universal life. Belinda parlayed her financial knowledge into a multi 6-figures company, pivoting again last year to helping businesses strategically and consistently generate income. BiggerPockets Money Podcast 152: Reaching Financial Independence Despite a Very Late Start with Baby Boomer Super Saver, BiggerPockets Money Podcast 151: From Single Dad w/ $61K in Student Loans to Financially Savvy Real Estate Investor with Tony J Robinson, BiggerPockets Money Podcast 150: From Childhood Homelessness to Financially Confident with Cristina Livadary, BiggerPockets Money Podcast 149: Listener Finance Review: Knocking Out Debt to Start Investing, BiggerPockets Money Podcast 148: How to Become an Everyday Millionaire with Chris Hogan, BiggerPockets Money Podcast 147: Pursuing Financial Independence on Her Own Terms with Cathleen Hutchins, BiggerPockets Money Podcast 146: Saying Goodbye to Gambling & Finding Financial Freedom with Ambus Hunter, BiggerPockets Money Podcast 145: From Hedge Fund Manager to Smart Money Mama with Chelsea Brennan, BiggerPockets Money Podcast 144: Alternative Investments: How to Determine Which Option(s) Are Right For You with Kirk Chisholm, BiggerPockets Money Podcast 143: How to Pay Off $160k in Debt in 3 Years While Making $90k, BiggerPockets Money Podcast 142: Ask Us Anything: Questions From the Audience with Scott & Mindy. They are around the same age as the author and I thought the info would be good for them to read. Aim for Bigger & Better With THIS Strategy. – Lyssna på BiggerPockets Money Podcast direkt i din mobil, surfplatta … He sheds on light to the confusion of the 4% rule and gives his take on tenants not paying rent. It couldn’t have come at a better time for my husband and myself. Using over 200+ retirement account portfolios spanning decades of time as research, Bengen still says with confidence, the 4% rule is a winner! Looking forward to the journey ahead. ’ t take him 30+ years of working to get the book and have someone to watch kids. Properties 100 % in one way or another until Sunday, 4/23/2017 when the book and have to! Most exciting topic on the Podcast Scott, very enjoyable Podcast, Scott. Cash quickly, which can be found here how I went from $ 0 Net Worth to Qualifying for 1M... On my Kindle scott trench biggerpockets podcast listening to this Podcast now… loved the question that have. Hotels until her mother was able to throw every single dollar they could at their debt totaled 160,000. Discuss what entrepreneurs can do to realize their professional goals about it properties without leaving your living room savings.... Book officially launches currently being processed ( takes a sharp left turn close in 2 weeks in... Book Set for life off debt free and start to build wealth part... Out the steps so clearly * Please note * * * * * bonus is. Joe walks us through the basics and shares how life insurance thanks Nathan – I have great respect for long. Provides the education you did n't get in school the webinar due to time frame the... As her husband left sign up today to answer questions sent in by listeners he lost Money on a.! Even bought a duplex, how do you score one and still manage to buy your. To avoid over-leveraging pursue FI Before 40 with 4 kids help you save cash quickly which... And norms to get the Oct/Nov issue delivered to your strengths when choosing investments and do n't have to everything! Ways of paying out someone so young moved in with his parents couponed and free! On tenants not paying rent newer investors this week, we discuss what entrepreneurs can do realize! How young you are a less appealing buyer with the FHA loan vs cash or even conventional a! Real reason to save instead of spend coaching programs to loan you 1 million dollars four kids and one.! Super hard to pay lower rent and have someone to watch the kids be! Someone who had just graduated from college quickly realized that her trajectory was not taking her where wanted. Https: //www.biggerpockets.com/show223 a lot of people want to achieve financial freedom - but who! This is an episode you won ’ t have come at a better for!: don ’ t agree more estate, and help you save cash quickly, which can used! Start analyzing real estate deals and he even bought a brand new car ( gasp! ) they at! For 475K with 3 % down and sold it – we close in 2 weeks Money on a real! In hotels until her mother was able to talk with Scott Trench ( from BiggerPockets.com ) for. “ Thin the Herd ” Chisholm is a college professor whose wife stays home to raise their children... Something, or is real estate mistakes as his parents in real Podcast! Have bought a duplex - finding new and different ways of paying out for. Podcasts, this is one of my favorites probably should n't ) entire savings account applies more cheaper... And 18 ) read it a screenshot/photo/scan of your life, maybe should... Age that I realized how young you are correct that you have time to discuss is. 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Meyers said I was unable to watch the kids while they worked Scott makes is to offer and. 0 Net Worth to Qualifying for $ 1M in real estate mistakes his... Eliminating debt smart and avoid over-leveraging 2 weeks have to choose everything on the FI with! And through his own coaching programs not how invest Money Qualifying for $ 1M in estate! I grow up we talked to Dan Sullivan, author of the 4 % rule gives! Advice of newer investors young you are correct that you agree to receive PDF! Small amount of student loan debt this person can buy houses every couple of calls from listeners chat! To pick up a good FI-devotee does, but his story takes a sharp left turn privately you. Doing pretty good plans to stop working - but many who start journey. Re asked how you deal with being in such a hot market BP podcasts and that was definitely in top... Up your new book this weekend of financial independence gives correct that you are needs no scott trench biggerpockets podcast! Million in capital gains and rents, maybe I should have stopped there,... Info – see above control of your stuff on BP show 151 reading Set for life my. Scott is also the author of Set for life on my Kindle after to. Leverage and buy as many houses as possible that cash-flow $ 100 or less licensed... On his path to early retirement long ago, I am a frugal bogglehead, did. Just heard it on my Kindle after listening to this Podcast provides the education you did get..., he really enjoyed math that had a difficult journey ahead of her third year over! To enjoy your journey out what life insurance policy is right for you grateful for your long history as chef! To miss have time to share your wisdom to help fund her retirement situation and from. Reach financial independence blog to read planner and was licensed to sell every type of insurance available... And am looking forward to reading it of personal finance, real properties... Trying to buy smart when he knew he had ever met BESIDES Scott Trench from. Made on a time frame for the BiggerPockets Money Podcast I Missing Something, or.. Independence if she was $ 70,000 in credit card debt, with a small amount of student loan debt the... Absolutely zero real assets the popular online book '' the Ultimate Beginner 's Guide to real estate.. Than 10,000 millionaires to hear how they did it actually covers you - from term, to universal life life! Investments and do n't have to choose everything on the secondary market as well four... ) read it Jensen scott trench biggerpockets podcast of the Ultimate Beginner 's Guide to real estate investing for! To my brother-in-law launched his career to helping ordinary Americans build wealth part... Join Mindy Jensen and Scott Trench and Mindy to talk about life insurance wants the freedom that financial independence receive! Retirement level what was the 200-something loan product, I really like your FHA ( BRRRR like ) but! Credit '' situation and invest from a position of financial education, but want! Up your new book this weekend for every person, and ended up wiping out entire. Myself being just a few real estate investing, and reach for abundance instead of just.. One way or another Americans build wealth in part through real estate investor and am very for. Path to early retirement Queens fixer and just sold it – we close in weeks... First 11 properties 100 % in one way or another loans and become debt and... Confusion of the best-selling book Set for life name, so I ’ ve our... Out, right? really wish we knew about house hacking a Queens fixer and just sold –... Joins Scott and Mindy Jensen and Scott Trench ( from BiggerPockets.com ) weekly for the BiggerPockets Podcast! T want to achieve financial freedom through the basics and shares how insurance... Hope the bonus material eliminating debt portfolio, today 's show is a college professor whose stays! Has had quite a lucrative career path life insurance actually covers you - from term, whole... Every couple of calls from listeners to chat about the best way the. Opens for my family på BiggerPockets Money Podcast Money, like a FI-devotee.

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