Financial independence is something that people spend decades trying to achieve. For the average American worker, this can be a slow grind, saving a few hundred dollars a month, hoping to be financially free at sixty-five so they can finally enjoy retirement. The problem? You spent three or four decades at a job, waiting to do what you want. If you’re going to crack the code to financial freedom, retire early, and live and work on your terms, you might want to follow Greg Cullen’s strategy.
Greg has been hustling since he was a teenager. He was bringing in a full-time salary at age sixteen after building a sign-spinning business with over a dozen workers. He always knew the key to success was finding smart ways to make more money. So, when Greg was offered a full-time salary, he turned it down for a sales job with no cap on commissions, allowing him to save money at a far faster rate, and reach financial freedom well before the age of thirty.
But Greg didn’t need some colossal empire of cash-flowing rentals. Instead, he’s financially free with only ten units, all of which he bought in under a decade. So how did someone like Greg, without real estate experience, scale his income up so fast? In this episode, you’ll learn what Greg did to purchase properties at lightning speed, the Chick-fil-A rule of real estate you should adopt, and how failing is the only successful way to hit financial freedom early.
00:00 Intro
03:24 Quick Tip
03:43 Ditching a Salary for Sales
08:01 Sign Spinning at 16
13:59 Finding FIRE and the First Real Estate Deal
24:07 Picking Your Market
27:28 Facing Hurdles and Beating Burnout
31:57 Fueling the Real Estate Fire
37:37 Principles of Power
39:11 Failures and the Chick-fil-A Rule
42:08 Deal Deep Dive
51:19 Famous Four
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Connect with Greg:
BiggerPockets: https://www.biggerpockets.com/users/gregc73?utm_source=youtube&utm_medium=description&utm_campaign=none
YouTube: https://www.youtube.com/@LeveragedHustle
Instagram: @leveragedhustle or https://www.instagram.com/leveragedhustle/
TikTok: @leveragedhustle or https://www.tiktok.com/@leveragedhustle
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The Concise 48 Laws Of Power:
https://www.amazon.com/Concise-Laws-Power-Robert-Greene/dp/1861974043
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Connect with Rob (Robuilt) on YouTube, Instagram, TikTok, and Twitter:
YouTube: https://www.youtube.com/c/Robuilt
Instagram: https://www.instagram.com/robuilt/
TikTok: https://www.tiktok.com/@robuilto
Twitter: https://www.twitter.com/robuiltchannel
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David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none
Rob: https://www.biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none
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Episode 716
Show notes at: https://www.biggerpockets.com/blog/real-estate-716?utm_source=youtube&utm_medium=description&utm_campaign=none
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