BiggerPockets Money Podcast14 Jun 2021

205: From $50k in Debt to Financially Free in 2 Years w/ Lots of Ups & Downs

There are lots of twists and turns throughout every investor's journey, but maybe not as many as Zeona McIntyre’s. Growing up with the words of Suze Orman in her ear, Zeona knew that there were a few things she had to do, like max out her Roth IRA every year. It wasn’t until Zeona was talking to a friend who told her about Airbnb arbitrage that she realized a future in real estate investing may be the most successful. Before there were many short-term rental laws, people would Airbnb out of their own rented apartment, often without the landlord’s permission. Before you go off on Zeona in the comments, know that she does not do this anymore, and a few of her landlords were surprisingly okay with the plan. Since then, she has purchased 11 doors that she rents out, both to short and long-term tenants. You’ll hear how Zeona used private funding, an unfortunately-fortune life insurance payment, and many other creative methods to get her to financial independence in just 2 years! In This Episode We Cover Airbnb arbitraging and why it was so popular in the early days of short-term rentals Paying off student debt but feeling like you’re not “moving the needle” Why it’s so important to consume financial information at the beginning of your career Dealing with the death of a loved one, and finding ways to honor their memory COVID’s impact on Airbnb and the short-term market in general And So Much More! Learn more about your ad choices. Visit megaphone.fm/adchoices

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(775)

Yes, the Trump Account Belongs in your Financial Order of Operations. Here’s Where.

Trump Accounts are one of the newest tax-advantaged investment accounts for children, but where do they fit in your financial plan? In this episode of the BiggerPockets Money podcast, Jeremy Schneider...

21 Jul 0s

The Money Guys Gave Us Advice… Here’s What We’re Changing

What did Mindy and Carl Jensen learn from The Money Guys after they reviewed their portfolio? In this recap episode, Mindy and Carl share their biggest takeaways on retirement planning, cash reserves,...

17 Jul 32min

Should You Choose Coast FI or Go All In on FIRE?

Is Coast FI the smarter path to financial independence in today's economy? In this episode, Scott Trench and Evan Lawler compare Coast FI vs. traditional FIRE, breaking down the trade-offs between rea...

15 Jul 38min

The Money Guys Help us Escape Our 401k Tax Trap

In this special episode of the BiggerPockets Money Podcast, Mindy Jensen and her husband Carl head to The Money Guy Show studio for a comprehensive portfolio review with Brian Preston and Bo Hanson. A...

14 Jul 1h 29min

Is My Spending Reasonable? This Data Set Will Tell You

Are you actually spending too much, or does it just feel that way because of where you live? In this episode of the BiggerPockets Money Podcast, Mindy Jensen and Scott Trench break down a new budget b...

10 Jul 36min

Why $500K Is More Important Than $1 Million (Coast FIRE)

Is $500,000 actually a more important financial milestone than becoming a millionaire? In this episode of the BiggerPockets Money Podcast, Mindy Jensen sits down with Evan Lawler to explore why reachi...

8 Jul 38min

Should You Stay for the Military Pension? The Math Might Surprise You

Military service offers more financial advantages than most Americans realize, but is staying for a 20-year pension always the smartest move? In this episode of the BiggerPockets Money Podcast, Mindy...

7 Jul 1h 2min

The Best Early Retirement Withdrawal Strategy (6 Proven Frameworks)

Reaching financial independence is only half the battle, knowing how to withdraw your money in early retirement is just as important. The right withdrawal strategy can help you minimize taxes, avoid u...

3 Jul 42min