BiggerPockets Money Podcast4 Touko 2020

123: Carefully Crafting Financial Independence Through Passive Income with Avery Heilbron

Joining us today is Avery Heilbron, a listener on his way to financial independence through real estate investing. But Avery isn’t going all out and buying up every property as fast as he can. He’s making calculated purchases that allow him to live for free - and also cashflow while he’s there even though he lives in a high cost of living area. Once he moves out, that cashflow increases even more! Avery is also thinking ahead, and mitigating his risk of non-payment of rent by using the Section 8 rental assistance program to help guarantee rent payments. Oh, and Avery is 25. He went to college on a soccer scholarship, worked through school, studied hard and graduated with ZERO student loans and a great job. Do you have high school or college students in your life? This episode can help give them direction and encouragement that a little careful thought can have a HUGE impact on your future financial situation. In This Episode We Cover: How he purchased a property that was originally listed for $800k in January of 2020 for less than $700k Avery's journey with money How he discover financial freedom Talking about FHA loan and why it is so unattractive to sellers His plans to achieve financial independence Talking about his rental properties His philosophy on reserves What Section 8 program is On house hacking His side hustle And SO much more! Links: BiggerPockets Forums Should I charge my Girlfriend rent? Real Estate Rookie Facebook Group BiggerPockets Money Facebook Group The Official BiggerPocket Facebook Group BiggerPockets Podcast 356 Check the full show notes: http://biggerpockets.com/moneyshow123 Learn more about your ad choices. Visit megaphone.fm/adchoices

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