Financial Independence Podcast Adventuring Along – From $0 to Retired in 5 Years
Nov 1, 2016
Discover how two teachers turned their financial lives around, going from $0 to retirement in just five years through real estate investing. They not only share tips on dollar-cost averaging and smart property purchases, but also reveal their adventures, such as hiking the Camino and giving birth in Istanbul. Explore their journey of embracing minimalism, balancing parenting, and enjoying life’s experiences over wealth. Their story is a testament to the power of passion, travel, and a heartfelt pursuit of freedom!
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Dollar-Cost Averaging into Real Estate
- Joe and Allie dollar-cost averaged into real estate purchases during falling prices after the 2006 Vegas market peak.
- They built a portfolio of 15 rentals nationwide that now cash flow enough to cover expenses.
Buy Real Estate Remotely
- To buy real estate in unfamiliar locations, build a trusted team of local experts like home inspectors and contractors.
- Communication and expert reports allow you to manage acquisitions remotely regardless of distance.
How To Choose Markets
- Select real estate markets by evaluating landlord-tenant laws, job growth, demographics, and neighborhood quality.
- Connect with local property managers and investors to identify sound investment areas and opportunities.
