Episode #1,045
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What if, within ten years, you could reach financial freedom? Imagine it. You may have a high-stress job where you’re working long hours and making good money but feeling burnout creeping in. You NEED an exit strategy if you’re going to keep up with this lifestyle because before long, you may need an early retirement. That’s precisely how Benjamin Aaker, emergency medicine physician, felt.
Benjamin loves his work, and he’s still working today, but now, he has the option to leave when the burnout gets too much. After becoming an “accidental landlord,” Benjamin quickly saw the benefits of investing in real estate. He bought a few more houses and a multifamily building, then went bigger and bigger. Now, he’s equity-rich with a real estate portfolio that can support his lifestyle if he decides not to work.
Even if you’re not stressed out at your job (yet), Benjamin encourages you to financially prepare to exit your career, if just for peace of mind. He talks about how you can scale smarter, faster, and better with partners, why sometimes you need to get dirty to succeed in real estate, and how to juggle investing with your full-time job.
00:00 Intro
00:48 Got a High-Stress Job?
02:30 The “Accidental” Landlord
03:54 Becoming Work-OPTIONAL
10:22 Equity Over Cash Flow
14:31 Multifamily and BIG Syndication Mistakes
23:55 A Really Crappy Problem
27:30 Finding (and Vetting) Partners
30:35 WAY Bigger Deals
