BiggerPockets Real Estate Podcast

716: FIRE by 27 Using the "Chick-Fil-A Rule" of Real Estate w/Greg Cullen

01.19.2023 - By BiggerPocketsPlay

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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.

In This Episode We Cover:

Why choosing a commission-based job, with uncapped earnings, beats a salary almost always

Sign spinning and creative ways Greg made big money as a teenager

The Chick-fil-A real estate rule that all investors should follow when picking a rental property market

Common investing hurdles and how to deal with massive burnout when trying to make more money

The laws of power that every entrepreneur, investor, or employee must know to level up

What to do when real estate partnerships go wrong and turning a stressful situation into a killer deal

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

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David's BiggerPockets Profile

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David’s YouTube Channel

Rob's BiggerPockets Profile

Rob's YouTube

Rob's Instagram

Rob's TikTok

Rob's Twitter

Hear Our Interview with “The 48 Laws of Power” Author, Robert Greene

Books Mentioned in this Episode

The Concise 48 Laws Of Power by Robert Greene

Rich Dad Poor Dad by Robert Kiyosaki

Connect with Greg:

Greg's BiggerPockets Profile

Greg's YouTube

Greg's Instagram

Greg's TikTok

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-716

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