Millennial Investing - The Investor’s Podcast Network

MI346: The True Total Money Makeover w/ Ali & Josh of The FI Couple

04.22.2024 - By The Investor's Podcast NetworkPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

In today’s episode, Patrick Donley chats with The FI Couple, Ali and Josh, about their journey to financial independence. Despite starting with significant debt and job struggles, they turned to real estate investing to change their lives. They paid off over $100,000 in debt, built a $1.3 million real estate portfolio, and left their 9-5 jobs. Now, they manage their rental properties and run The FI Couple platform, helping others achieve financial freedom.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

02:42 - How Ali and Josh grew up with very different money mental models and the challenges that provided to them.

18:08 - Why their differences proved to be a benefit.

25:31 - How they worked their way out of over $100,000 of debt.

27:07 - How they began to build their real estate portfolio.

44:25 - What their buy box looks like.

52:10 - How their strategies and beliefs have changed over the years.

55:33 - How they’ve been using seller financing to build their portfolio.

62:11 - Why it is important to build social capital and a digital resume.

64:35 - How Ali and Josh became The FI Couple.

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.

Recommended book: I Will Teach You To Be Rich by Ramit Sethi.

Recommended book: Total Money Makeover by Dave Ramsey.

Recommended book: Set for Life by Scott Trench.

Recommended book: Seven Habits of Highly Successful People by Stephen Covey.

Related Episode: REI064: Financial Freedom Journey w/ Josh and Ali of the Fi Couple | YouTube video.

Check out The FI Couple’s free guide to real estate investing and house hacking.

Check out the books mentioned in the podcast here.

Enjoy ad-free episodes when you subscribe to our Premium Feed.

NEW TO THE SHOW?

Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.

Check out our Millennial Investing Starter Packs.

Browse through all our episodes (complete with transcripts) here.

Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.

Enjoy exclusive perks from our favorite Apps and Services.

Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.

Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

Toyota

Airbnb

Fundrise

NerdWallet

Yahoo! Finance

Public

NetSuite

Connect with Patrick: Twitter  

Connect with the FI couple: Website   |  Instagram | Twitter

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

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

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

More episodes from Millennial Investing - The Investor’s Podcast Network