The Financial F.I.R.E. Fighter

Episode 65 of the The Gentle Art of Crushing It! podcast, hosted by The Gentle Art of Crushing It, titled "The Financial F.I.R.E. Fighter" was published on April 26, 2023 and runs 38 minutes.

April 26, 2023 ·38m · The Gentle Art of Crushing It!

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Summary

The Financial F.I.R.E. Fighter Out of State Real Estate Investing from Honolulu, Hawaii all the way to Pittsburgh, Pennsylvania. Born and raised in Honolulu and a Firefighter for 15 years. After coasting along for 44 years I became aware of how risky I was being with my finances during the shutdown. Learned more in the past 2 years by self-educating then I probably did by getting my degree in accounting and finance. I believe that you can live where you want but you need to invest where the numbers make sense. In basically 1 year I went from 0-14 rentals out of state by using HELOCs and emptying out retirement accounts and also doing a 1031 on a 1 bedroom, 500k condo in Hawaii. Gotta love Hawaii Real Estate. I am not a CPA, attorney or financial advisor. Always do your own due diligence on all investments. Everything on this channel is just the opinion of The Financial F.I.R.E Fighter. #outofstateinvesting #outofstateinvestor #hawaiirealestate #hawaiilife #financialfreedom #RE/MAX CONNECT WITH OUR GUEST: https://www.instagram.com/financial_fire_fighter/ https://www.youtube.com/@FinancialF.I.R.EFighter/ MENTIONED IN THIS SHOW: everyreitool.com zillow.com Rich Dad Poor Dad by Robert T. Kiyosaki Secrets of the Millionaire Mind by T. Harv Eker CONNECT WITH OUR HOST: Nathan Murith https://undoor.com/links https://everyreitool.com HIGHLIGHTS IN THIS EPISODE 00:00 - Intro 01:48 - Marc’s Background 02:41 - Financial F.I.R.E. Fighter 03:34 - Getting Started in Real Estate 04:49 - Why Real Estate? 06:40 - Hawaiian Market 07:08 - Adapting 07:40 - Cashflow Investing 09:11 - Identifying a Market 09:54 - Overcoming Analysis Paralysis 11:06 - Marc’s Portfolio 12:06 - Lessons Learned 16:36 - Investing Long Distance and Setting Up Your Team 18:32 - Property Management 23:53 - Taking Action 26:42 - Defining Success 30:25 - Key To Success 33:40 - Marc Recommends 36:34 - Connect with Marc --------------------------------------------------------------------------------------------------------------------------- Follow us on social media @the.gentle.art.of.crushing.itListen, like, subscribe, comment: http://thegentleartofcrushingit.com/

Episode Description

The Financial F.I.R.E. Fighter

Out of State Real Estate Investing from Honolulu, Hawaii all the way to Pittsburgh, Pennsylvania. Born and raised in Honolulu and a Firefighter for 15 years. After coasting along for 44 years I became aware of how risky I was being with my finances during the shutdown. Learned more in the past 2 years by self-educating then I probably did by getting my degree in accounting and finance. I believe that you can live where you want but you need to invest where the numbers make sense. In basically 1 year I went from 0-14 rentals out of state by using HELOCs and emptying out retirement accounts and also doing a 1031 on a 1 bedroom, 500k condo in Hawaii. Gotta love Hawaii Real Estate. I am not a CPA, attorney or financial advisor. Always do your own due diligence on all investments. Everything on this channel is just the opinion of The Financial F.I.R.E Fighter. #outofstateinvesting #outofstateinvestor #hawaiirealestate #hawaiilife #financialfreedom #RE/MAX

CONNECT WITH OUR GUEST:

https://www.instagram.com/financial_fire_fighter/

https://www.youtube.com/@FinancialF.I.R.EFighter/

MENTIONED IN THIS SHOW: