ChooseFI

410 | Short-Term Rentals on the Path to FI | Kelly Cronin


Listen Later

In this episode: finding mentors, the superpower of making less, traveling while making less, rental properties, and the one percent rule.

For some who begin the FI journey, it's about doing all they can to reach that FI number, but for many people the journey to FI is about the people you meet and learn from along the way! On this week’s episode we are joined by longtime listener Kelly Cronin to discuss the importance of mentorship, her interesting take that gives a new meaning to traveling while working, and the importance of pursuing what drives you and leads to a life filled with with intentionality. In Kelly's case, a passion towards travel lead to a fascinating side-hustle that affords her the opportunity to make money while seeing the world, who knows where a passion could end up leading you?

Kelly Cronin:

  • Website: croninscastles.com
  • Rental Property Class: Cronin's Castles STR Class

Timestamps:

  • 1:55 - Introduction
  • 3:11 - Kelly's Early Financial Influence
  • 6:45 - Finding Mentors
  • 9:02 - The Superpower of Making Less
  • 15:26 - Traveling While Making Less
  • 21:09 - Rental Properties
  • 29:54 - The Mechanics of Acquiring Rental Properties
  • 34:23 - The 1% Rule
  • 41:32 - Running The Numbers
  • 46:50 - How Is Kelly Marketing This?
  • 55:46 - The FI Aspect, How Does This Intersect With Your Job?
  • 64:20 - Where Do You Go From Here?
  • 65:37 - Conclusion

Resources Mentioned In Today’s Episode:

  • Travel Rewards: How To Travel The World For Almost Free (The Easy Way) | ChooseFI Ep 9
  • Peter Attia
  • Huberman Lab
  • Alignment & Adjustments | Scott & Taylor Rieckens | ChooseFI Ep 403
  • Intuit Mint
  • The BiggerPockets Money Podcast
  • Subscribe to The FI Weekly!

More Helpful Links and Resources:

  • Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy
  • Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence
  • Keep learning or start a new side hustle with one of our educational courses
  • Commission-Free Investing with M1 Finance

...more
View all episodesView all episodes
Download on the App Store

ChooseFIBy ChooseFI

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

4,965 ratings


More shows like ChooseFI

View all
Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,099 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

751 Listeners

Financial Independence Podcast by The Mad Fientist

Financial Independence Podcast

1,650 Listeners

The Stacking Benjamins Show by StackingBenjamins.com | Cumulus Podcast Network

The Stacking Benjamins Show

1,953 Listeners

Afford Anything by Paula Pant | Cumulus Podcast Network

Afford Anything

3,516 Listeners

Marriage Kids and Money: Personal Finance for Families by Andy Hill

Marriage Kids and Money: Personal Finance for Families

592 Listeners

Millionaires Unveiled by Jace Mattinson, CPA

Millionaires Unveiled

900 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,068 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

430 Listeners

Everyday Courage with Jillian Johnsrud by Jillian Johnsrud

Everyday Courage with Jillian Johnsrud

117 Listeners

Rebel Entrepreneur by Alan Donegan

Rebel Entrepreneur

131 Listeners

Risk Parity Radio by Frank Vasquez

Risk Parity Radio

229 Listeners

Two Sides of FI by Jason and Eric

Two Sides of FI

342 Listeners

All the Hacks with Chris Hutchins by Chris Hutchins

All the Hacks with Chris Hutchins

1,427 Listeners

Mile High FI Podcast by Carl Jensen & Doug Cunnington

Mile High FI Podcast

185 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

301 Listeners

Live Long and Well with Dr. Bobby by Dr. Bobby Dubois

Live Long and Well with Dr. Bobby

98 Listeners