53: Investing Without Loans and Retiring Early with Jason Hull
BiggerPockets Real Estate Podcast - A podcast by BiggerPockets
On today’s episode of the BiggerPockets Podcast we have an incredible chat with financial planner, real estate investor, and an all-around great guy – Jason Hull. Jason has a great story of how his early mistakes led to his conservative but effective strategy of building wealth through rental property… all without the use of leverage, loans, or doing any labor. Jason has some terrific insight into the way our human behavior causes us to act and invest, – so don’t miss this entertaining and informative show that will have you looking at your real estate in a whole new light. Read the transcript for episode 53 with Jason Hull here. In This Show, We Cover:Getting over-extended with his first deals and facing the housing collapseThe “Oh Crap” backup planThe only two ways to make money in real estateSeparating your skills from what the market is doingGetting “lucky” in real estateGetting to “P.I.R.E.” = Passive Income, Retire EarlyWhy Jason doesn’t use leverage (mortgages)How to find an awesome property managerWorking with a Financial PlannerStocks vs. Real Estate… Where is the balance?Why you should open a Roth IRA with $100Links from the ShowJason’s Post – How NOT to Invest in Real Estate… A Case StudyBP Podcast 052: Buying Apartment Complexes, Raising Millions, and Building a Profitable Business with Ken McElroyFacebook Post about “How Would You Spend $100?”The Two Most Painful Words a Landlord May Ever Hear…BP Podcast 050: Getting Started and No Money Down House Flipping with Mike SimmonsBooks Mentioned in the Show123 Home DepotEntreleadership by Dave RamseyThe Goal by Eliyahu M. GoldrattThe Four Hour Chef by Timothy FerrissTweetable TopicsInvest for the cash flow. The appreciation is just gravy. (Tweet This!)I want to be lazy when I retire! (Tweet This!)Having money problems with your spouse is a sign of bad communication. (Tweet This!)Connect with JasonJason’s Website: HullFinancialPlanning.com