Financial independence is something that people spend decades trying to achieve. For the average American worker, this can be a slow grind, saving a few hundred dollars a month, hoping to be financially free at sixty-five so they can finally enjoy retirement. The problem? You spent three or four decades at a job, waiting to do what you want. If you’re going to crack the code to financial freedom, retire early, and live and work on your terms, you might want to follow Greg Cullen’s strategy.
Greg has been hustling since he was a teenager. He was bringing in a full-time salary at age sixteen after building a sign-spinning business with over a dozen workers. He always knew the key to success was finding smart ways to make more money. So, when Greg was offered a full-time salary, he turned it down for a sales job with no cap on commissions, allowing him to save money at a far faster rate, and reach financial freedom well before the age of thirty.
But Greg didn’t need some colossal empire of cash-flowing rentals. Instead, he’s financially free with only ten units, all of which he bought in under a decade. So how did someone like Greg, without real estate experience, scale his income up so fast? In this episode, you’ll learn what Greg did to purchase properties at lightning speed, the Chick-fil-A rule of real estate you should adopt, and how failing is the only successful way to hit financial freedom early.
In This Episode We Cover:
Why choosing a commission-based job, with uncapped earnings, beats a salary almost always
Sign spinning and creative ways Greg made big money as a teenager
The Chick-fil-A real estate rule that all investors should follow when picking a rental property market
Common investing hurdles and how to deal with massive burnout when trying to make more money
The laws of power that every entrepreneur, investor, or employee must know to level up
What to do when real estate partnerships go wrong and turning a stressful situation into a killer deal
And So Much More!
Links from the Show
Find an Investor-Friendly Real Estate Agent
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Rob's BiggerPockets Profile
Rob's YouTube
Rob's Instagram
Rob's TikTok
Rob's Twitter
Hear Our Interview with “The 48 Laws of Power” Author, Robert Greene
Books Mentioned in this Episode
The Concise 48 Laws Of Power by Robert Greene
Rich Dad Poor Dad by Robert Kiyosaki
Connect with Greg:
Greg's BiggerPockets Profile
Greg's YouTube
Greg's Instagram
Greg's TikTok
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-716
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!
Learn more about your ad choices. Visit megaphone.fm/adchoices
BiggerPockets Real Estate Podcast