BiggerPockets Money Podcast

Michael Russell, a savvy investor, shares how he turned his California home into a cash-flowing asset through ADUs (Accessory Dwelling Units) and house hacking. Discover how he earns an extra $1,400/month, even in a high-cost market! He reveals the costs of building an ADU, the potential mistakes to avoid, and strategies to find homes ripe for investment. Michael also discusses the implications of high interest rates on real estate investments, and how ADUs can be a solution to the housing affordability crisis.

Is the FIRE movement dead in 2024? The challenges and sacrifices of pursuing financial independence retire early are discussed. Strategies for achieving early retirement, mindset shifts, and sacrifices needed. The 4% rule explained for achieving FIRE. Challenges faced by individuals with families in pursuing financial independence. Importance of balancing enjoyment while pursuing financial independence. Strategies for overcoming challenges in the accumulation phase towards financial independence.

Learn how to prepare for a potential recession by building an emergency fund and bracing for layoffs. Discover money-saving tips on groceries, negotiating bills, and job searching. Find out why staying with your current company could cost you millions over your lifetime.

Meet Derek Sherrell, aka 'That ADU Guy,' who achieved FIRE in his late thirties through ADU investments. Learn about ADUs, real estate, financial independence, and retirement strategies in this inspiring episode.

Discover how Darius Foroux went from a negative net worth to financial independence in just 5 years by incorporating stoicism into his financial journey. Learn about the influence of stoicism on mindset shifts, increasing income, gaining a 'stoic edge,' and investing wisely in 2024.

Meet Josh Janus, a young individual who went from flipping sneakers to building a seven-figure income and an eight-figure real estate portfolio by age 23. He shares his secrets to rapid wealth-building, including extreme discipline, sacrifices, and leveraging real estate investments. Tune in to learn how he achieved Fat FI and his plans for the future!

Former factory worker Franklin Zheng achieved financial independence through real estate investing. He shares his journey from a grueling job to owning thirty-eight units in just five years. Topics include networking at meetups, challenges in landlord business, successful real estate strategies, and future plans for financial freedom.

Explore how a couple aims to break free from the 'middle-class trap' to retire early, while discussing unconventional financial advice, bucket savings, retirement planning, real estate investments, and strategies for funding early retirement. Dive into the challenges of balancing financial security with enjoying life today, and learn about leveraging assets and simplifying financial planning for a fulfilling retirement.

Learn how to customize your path to financial independence with DIY finance strategies. Discover common traps to avoid on your journey to early retirement. Find out how to analyze your net worth, navigate the 'middle-class trap', and plan for a fulfilling post-financial freedom life. Get insights on managing debts, assets, required minimum distributions, and optimizing income for FIRE. Join the hosts in creating a personalized financial independence plan for a faster path to financial freedom.

Should Lauren pay down her $150K student debt or invest for the future? The podcast explores her journey to financial independence, career aspirations, and dream lifestyle. Topics include debt paydown strategies, real estate investing, retirement contributions, planning for a family, and balancing financial goals with personal interests.