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824: Bankruptcy to Financial Freedom by Following the “No B.S.” Real Estate Rules w/Jason Lewis

824: Bankruptcy to Financial Freedom by Following the “No B.S.” Real Estate Rules w/Jason Lewis

FromBiggerPockets Real Estate Podcast


824: Bankruptcy to Financial Freedom by Following the “No B.S.” Real Estate Rules w/Jason Lewis

FromBiggerPockets Real Estate Podcast

ratings:
Length:
63 minutes
Released:
Sep 28, 2023
Format:
Podcast episode

Description

Jason Lewis made it his life’s goal to hit financial freedom by thirty-five. After watching his family go bankrupt, lose their multi-generational farm, and have to give up their dreams, Jason knew that this was NOT what he wanted his future to look like. Instead, Jason would build a multi-million dollar real estate portfolio. One without high risk, high leverage, or a bank breathing down his neck when things went sideways. A portfolio that would make him MILLIONS in tax-free income, using techniques every average American can repeat.
Jason quickly learned the right way to use debt. After securing a loan at the young age of seven, Jason started raising hogs. When he became the Grand Champion for hog raising at his local fair, he was given a check for a couple thousand dollars—MORE than enough for any seven-year-old. This lesson later helped Jason repeat the same strategy, but with real estate, always adding value and ALWAYS paying his debts.
Jason’s “opportunistic” way of investing allows him to buy anything and everything that makes money. House hacking, fix and flips, mobile homes, and oil and gas leases are just SOME of the asset classes that Jason has invested in. One of these allowed him to make $1.9 million using a strategy that ANYONE listening to this episode can take advantage of. Want to hear how? Stick around!
In This Episode We Cover:
The danger of “overleveraging” and how it can ruin your chance at financial freedom
House hacking and how to make tax-free millions simply by living in your home
Syndication hype and why you should NEVER “fake it till you make it” in real estate
Jason’s “No B.S.” advice to find real estate deals WHEREVER you are
Partnerships and when it’s a wiser move to fly solo in your investing career 
And So Much More!
Links from the Show
Find an Agent
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Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
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Find a BiggerPockets Real Estate Meetup in Your Area
Davids's BiggerPockets Profile
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Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
House Hacking 101: What It Is and How to Get Started
Is Leveraging Really That Risky?
The 30-Something’s Guide to Financial Freedom
Tune into the “Creative Real Estate Podcast” with Jason
Connect with Jason:
Jason's BiggerPockets
Jason's Facebook
Jason's Instagram
Jason's LinkedIn
Jason's TikTok

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-824
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Released:
Sep 28, 2023
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.