Artwork

Nội dung được cung cấp bởi BiggerPockets. Tất cả nội dung podcast bao gồm các tập, đồ họa và mô tả podcast đều được BiggerPockets hoặc đối tác nền tảng podcast của họ tải lên và cung cấp trực tiếp. Nếu bạn cho rằng ai đó đang sử dụng tác phẩm có bản quyền của bạn mà không có sự cho phép của bạn, bạn có thể làm theo quy trình được nêu ở đây https://vi.player.fm/legal.
Player FM - Ứng dụng Podcast
Chuyển sang chế độ ngoại tuyến với ứng dụng Player FM !

151: 28 Units as a Full-Time Surgeon and Escaping the “Golden Handcuffs” w/ Daniel Shin

57:09
 
Chia sẻ
 

Manage episode 318590538 series 2632451
Nội dung được cung cấp bởi BiggerPockets. Tất cả nội dung podcast bao gồm các tập, đồ họa và mô tả podcast đều được BiggerPockets hoặc đối tác nền tảng podcast của họ tải lên và cung cấp trực tiếp. Nếu bạn cho rằng ai đó đang sử dụng tác phẩm có bản quyền của bạn mà không có sự cho phép của bạn, bạn có thể làm theo quy trình được nêu ở đây https://vi.player.fm/legal.

Most people assume they’ll achieve financial freedom after they make their dream salary, but what they don’t realize is you can’t out-earn your toxic money habits. Today’s guest, Daniel Shin, learned this quickly when he started making his full-time surgeon salary.

As a child, Daniel was fortunate enough to live the ideal suburban lifestyle, but when his dad got laid off during a recession, things quickly changed for the worse. After seeing his parents struggle to put food on the table, young Daniel decided he would do everything he could to prevent himself from being in a similar situation financially. Once Daniel started making his surgeon salary he assumed he’d be financially stable, but he began to expand his lifestyle to his salary and started drowning financially. It was at this point he decided to turn to real estate investing.

He started by listening to BiggerPockets and decided investing was for him once he realized he could reach financial freedom faster through real estate. The first couple properties he invested in were turnkey properties. With less risk, Daniel felt it was a comfortable start to his investing journey, but after a while he wanted more of the action. Over the last three years, he has acquired about twenty-eight units including four duplexes and two small apartment buildings. Daniel is now focused on building his “real estate empire” while becoming financially free.

In This Episode We Cover

How to balance your salary and spending habits (and live below your means)

The benefits of investing in turnkey properties and how to find a turnkey operator

How to deal with a “bad” property and how to prevent investing in any more future headache rentals

How to show possible investors, mentors, or partners that you’re committed

The importance of getting thorough inspections and the consequences of skipping them

And So Much More!

Links from the Show

Real Estate Rookie Youtube Channel

Ashley's Instagram

Tony's Instagram

Real Estate Rookie Facebook Group

Rookie Podcast 55: Combining House Hacking and Live in Flips with Tyler Madden

Tyler Madden's Instagram

Sara's Instagram

Brandon Turner's BiggerPockets Account

BiggerPockets Podcast

Dave Ramsey's Podcast

Grant Cardone's Podcast

BiggerPockets Money Podcast

Scott Trench's BiggerPockets Account

Mindy Jensen's BiggerPockets Account

BiggerPockets

BiggerPockets Forums

Rookie Podcast 29: Growing Your Portfolio with Turnkey Investing with Whitney Hutten and Lance Robinson

Tiktok

The Real Estate Robinson's Tiktok Account

Check the full show notes here: https://www.biggerpockets.com/rookie151

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

402 tập

Artwork
iconChia sẻ
 
Manage episode 318590538 series 2632451
Nội dung được cung cấp bởi BiggerPockets. Tất cả nội dung podcast bao gồm các tập, đồ họa và mô tả podcast đều được BiggerPockets hoặc đối tác nền tảng podcast của họ tải lên và cung cấp trực tiếp. Nếu bạn cho rằng ai đó đang sử dụng tác phẩm có bản quyền của bạn mà không có sự cho phép của bạn, bạn có thể làm theo quy trình được nêu ở đây https://vi.player.fm/legal.

Most people assume they’ll achieve financial freedom after they make their dream salary, but what they don’t realize is you can’t out-earn your toxic money habits. Today’s guest, Daniel Shin, learned this quickly when he started making his full-time surgeon salary.

As a child, Daniel was fortunate enough to live the ideal suburban lifestyle, but when his dad got laid off during a recession, things quickly changed for the worse. After seeing his parents struggle to put food on the table, young Daniel decided he would do everything he could to prevent himself from being in a similar situation financially. Once Daniel started making his surgeon salary he assumed he’d be financially stable, but he began to expand his lifestyle to his salary and started drowning financially. It was at this point he decided to turn to real estate investing.

He started by listening to BiggerPockets and decided investing was for him once he realized he could reach financial freedom faster through real estate. The first couple properties he invested in were turnkey properties. With less risk, Daniel felt it was a comfortable start to his investing journey, but after a while he wanted more of the action. Over the last three years, he has acquired about twenty-eight units including four duplexes and two small apartment buildings. Daniel is now focused on building his “real estate empire” while becoming financially free.

In This Episode We Cover

How to balance your salary and spending habits (and live below your means)

The benefits of investing in turnkey properties and how to find a turnkey operator

How to deal with a “bad” property and how to prevent investing in any more future headache rentals

How to show possible investors, mentors, or partners that you’re committed

The importance of getting thorough inspections and the consequences of skipping them

And So Much More!

Links from the Show

Real Estate Rookie Youtube Channel

Ashley's Instagram

Tony's Instagram

Real Estate Rookie Facebook Group

Rookie Podcast 55: Combining House Hacking and Live in Flips with Tyler Madden

Tyler Madden's Instagram

Sara's Instagram

Brandon Turner's BiggerPockets Account

BiggerPockets Podcast

Dave Ramsey's Podcast

Grant Cardone's Podcast

BiggerPockets Money Podcast

Scott Trench's BiggerPockets Account

Mindy Jensen's BiggerPockets Account

BiggerPockets

BiggerPockets Forums

Rookie Podcast 29: Growing Your Portfolio with Turnkey Investing with Whitney Hutten and Lance Robinson

Tiktok

The Real Estate Robinson's Tiktok Account

Check the full show notes here: https://www.biggerpockets.com/rookie151

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

402 tập

Tất cả các tập

×
 
Loading …

Chào mừng bạn đến với Player FM!

Player FM đang quét trang web để tìm các podcast chất lượng cao cho bạn thưởng thức ngay bây giờ. Đây là ứng dụng podcast tốt nhất và hoạt động trên Android, iPhone và web. Đăng ký để đồng bộ các theo dõi trên tất cả thiết bị.

 

Hướng dẫn sử dụng nhanh