BiggerPockets Money Podcast

123: Carefully Crafting Financial Independence Through Passive Income with Avery Heilbron


Listen Later

Joining us today is Avery Heilbron, a listener on his way to financial independence through real estate investing. But Avery isn’t going all out and buying up every property as fast as he can. He’s making calculated purchases that allow him to live for free - and also cashflow while he’s there even though he lives in a high cost of living area. Once he moves out, that cashflow increases even more!

Avery is also thinking ahead, and mitigating his risk of non-payment of rent by using the Section 8 rental assistance program to help guarantee rent payments. 

Oh, and Avery is 25. 

He went to college on a soccer scholarship, worked through school, studied hard and graduated with ZERO student loans and a great job.

Do you have high school or college students in your life? This episode can help give them direction and encouragement that a little careful thought can have a HUGE impact on your future financial situation.

In This Episode We Cover:

  • How he purchased a property that was originally listed for $800k in January of 2020 for less than $700k 
  • Avery's journey with money
  • How he discover financial freedom
  • Talking about FHA loan and why it is so unattractive to sellers
  • His plans to achieve financial independence
  • Talking about his rental properties
  • His philosophy on reserves
  • What Section 8 program is
  • On house hacking
  • His side hustle
  • And SO much more!
  • Links:

    • BiggerPockets Forums
    • Should I charge my Girlfriend rent?
    • Real Estate Rookie Facebook Group
    • BiggerPockets Money Facebook Group
    • The Official BiggerPocket Facebook Group
    • BiggerPockets Podcast 356
    • Check the full show notes: http://biggerpockets.com/moneyshow123


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

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

      BiggerPockets Money PodcastBy BiggerPockets

      • 4.5
      • 4.5
      • 4.5
      • 4.5
      • 4.5

      4.5

      2,959 ratings


      More shows like BiggerPockets Money Podcast

      View all
      Afford Anything | Make Smart Money Choices by Paula Pant, Personal Finance Expert | Cumulus Podcast Network

      Afford Anything | Make Smart Money Choices

      3,569 Listeners

      BiggerPockets Real Estate Podcast by BiggerPockets

      BiggerPockets Real Estate Podcast

      16,728 Listeners

      Money Guy Show by Brian Preston and Bo Hanson

      Money Guy Show

      3,268 Listeners

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

      The Stacking Benjamins Show

      1,997 Listeners

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

      Your Money, Your Wealth

      811 Listeners

      ChooseFI by ChooseFI

      ChooseFI

      5,154 Listeners

      Earn & Invest by Jordan Grumet (Doc G)

      Earn & Invest

      453 Listeners

      BiggerPockets Business Podcast by BiggerPockets

      BiggerPockets Business Podcast

      692 Listeners

      Real Estate Rookie by BiggerPockets

      Real Estate Rookie

      1,823 Listeners

      The Personal Finance Podcast by Andrew Giancola

      The Personal Finance Podcast

      1,433 Listeners

      BiggerPockets Daily by BiggerPockets

      BiggerPockets Daily

      319 Listeners

      PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

      PassivePockets: The Passive Real Estate Investing Show

      133 Listeners

      All the Hacks: Money, Points & Life by Chris Hutchins

      All the Hacks: Money, Points & Life

      1,622 Listeners

      Mile High FI Podcast by Doug Cunnington & Carl Jensen

      Mile High FI Podcast

      206 Listeners

      On The Market by BiggerPockets

      On The Market

      903 Listeners

      Catching Up to FI by Bill Yount & Jackie Cummings Koski

      Catching Up to FI

      354 Listeners

      The BetterLife Podcast by Brandon Turner and Cam Cathcart

      The BetterLife Podcast

      855 Listeners

      The David Greene Show by David Greene

      The David Greene Show

      706 Listeners