BiggerPockets Money4 Mai 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:

Check the full show notes: http://biggerpockets.com/moneyshow123

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