62 min listen
716: FIRE by 27 Using the "Chick-Fil-A Rule" of Real Estate w/Greg Cullen
716: FIRE by 27 Using the "Chick-Fil-A Rule" of Real Estate w/Greg Cullen
ratings:
Length:
69 minutes
Released:
Jan 19, 2023
Format:
Podcast episode
Description
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 alwaysSign spinning and creative ways Greg made big money as a teenagerThe Chick-fil-A real estate rule that all investors should follow when picking a rental property marketCommon investing hurdles and how to deal with massive burnout when trying to make more moneyThe laws of power that every entrepreneur, investor, or employee must know to level upWhat to do when real estate partnerships go wrong and turning a stressful situation into a killer dealAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramDavid’s YouTube ChannelRob's BiggerPockets ProfileRob's YouTubeRob's InstagramRob's TikTokRob's TwitterHear Our Interview with “The 48 Laws of Power” Author, Robert GreeneBooks Mentioned in this EpisodeThe Concise 48 Laws Of Power by Robert GreeneRich Dad Poor Dad by Robert KiyosakiConnect with Greg:Greg's BiggerPockets ProfileGreg's YouTubeGreg's InstagramGreg's TikTokClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-716Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jan 19, 2023
Format:
Podcast episode
Titles in the series (100)
#6: Investing While Holding a Full Time Job with Arthur Garcia: Investing in real estate while holding a full time job may not always get the most discussion in the real estate investing world - but there are thousands (if not millions) of investors who do just that. On today's episode of the BiggerPockets... by BiggerPockets Real Estate Podcast