Real estate prices are out of control... right?

In today's episode, you'll hear how Justin bought a house for just $5,000.

No, that's not a typo, $5K!

The craziest thing is that the place is in decent condition:

 	

 	Single level
 	Concrete foundation
 	Simplest roof possible
 	No interior water damage



This house is a big project, but Justin estimates he can finish everything for under $25,000.

After running the numbers, this property should blow the 1% rule out of the water.

Justin is expecting to rent from anywhere between $700-$850 depending on how nice he ends up making it and how it's rented.

We'll definitely be sharing updates about this one-of-a-kind property in future podcasts.

If you enjoyed this episode, please share it with a friend!
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CodyDBerman.com (Cody’s Blog)

Saving-Sherpa (Justin’s blog)

He Bought a House for $5,000

Cody Berman and Justin Taylor believe in the concept of “Financial Independence For All”. The Financial Independence Show focuses on REAL stories of individuals on their journey to financial independence. Each episode aims to include actionable insights and takeaways for listeners to implement into their own financial situation. The podcast covers topics like building wealth, entrepreneurship, investing, money mindset, small business, frugality, geoarbitrage, side hustles, real estate, productivity, travel, and so much more. Sit back, tune in, and join a community of like-minded people who are changing their lives through financial independence.

Business

Investing

Careers

Management & Marketing

Business News

Shopping

Entrepreneurship

In today’s episode, Cody and Justin are joined by the insurance guru from Simply Insurance, Sa El.

Sa El got started after a tragedy in the family and is now trying to make sure that never has to happen to anyone else.

In this episode, we cover every type of personal insurance:

 	* Health
 	* Dental
 	* Life
 	* Renters
 	* Car
 	* and more

We also jump into the problems with our health insurance system in the United States and things on the horizon to give us more transparency.

For you money nerds like us, we also discuss parent’s life insurance and how becoming the Owner/Payer/Beneficiary of the policy might be a good financial move.

If you enjoyed this episode, please share it with a friend!

Links From the Episode

 	* Simply Insurance

Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!

 	* Grab the Ultimate FI Spreadsheet
 	* Join our Facebook Group
 	* Leave us a voicemail
 	* Send an email to contact [at] TheFiShow [dot] com

If you like what you hear, please subscribe and leave a rating/review!

>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)

Saving-Sherpa (Justin’s blog)


Insurance – Breaking Down the Basics | Sa El (Replay)

A financially independent life sounds pretty amazing, but do you want to spend it alone?

Most people want time to spend with their loved ones, and none more than their life partner.

Maybe you already have yours, or maybe you've never even considered how this would change your path.

Either way, today's episode is for you.

This episode was inspired by Justin's recent engagement!

The guys discuss several areas around the topic of financial independence with a life partner including:

 	* Tax benefits
 	* mentality shift
 	* priorities changing
 	* lessons learned
 	* and more

Most of the discussion is high level but we do get in the details a bit more on one subject, and that's the real estate pro designation.

All in all, we think life is better with a partner and their addition is nothing but positive in terms of a path to financial independence.

Thank you all for listening and may this episode help you on your path to a financially independent future.
Links from the Show

 	* Real Estate Pro Designation

Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!

 	* Grab the Ultimate FI Spreadsheet
 	* Join our Facebook Group
 	* Leave us a voicemail
 	* Send an email to contact [at] TheFIshow [dot] com

If you like what you hear, please subscribe and leave a rating/review!

>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)

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Relationships and Financial Independence

Our favorite part of the financial independence community is just that, the community.

And no one embodies the principle of community better than Matt and Joel.

They are also the dynamic duo behind HowToMoney and the How to Money Podcast.

We're such huge fans of these guys that we decided to dig into the archives and replay their episode for our listeners who may have missed this one.

This fantastic conversation unwraps their backstory and tons of tangible tips on saving money without sacrifice.

From groceries to real estate, to building a community for their young families, this episode is great for all audiences.

Go give it a listen and let us know what you think!
Links from The Episode 
Their Website: HowToMoney.com

Their Podcast: How To Money
Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!

 	* Grab the Ultimate FI Spreadsheet
 	* Join our Facebook Group
 	* Leave us a voicemail
 	* Send an email to contact [at] TheFIshow [dot] com

If you like what you hear, please subscribe and leave a rating/review!

>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)

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Saving Money Without Sacrificing Life | Joel & Matt (Replay)

Scott Trench and the folks at BiggerPockets have made real estate investing much more approachable for a massive amount of people.

They've truly built a holistic empire of real estate education.

And while we've had Scott on the show before, it was a few years ago, and a lot can change in a few years.

In today's episode, we focus on the state of real estate and the economy as a whole.

What does Scott think is going to happen over the next 1, 5, or 10 years?

Has his real estate investing philosophy changed since the last time we talked?

Tune in for the full breakdown and as always, thanks for listening!
Links from The Episode
Scott's Bigger Pockets Profile

Bigger Pockets Money

Yardi Multifamily Report

Investor Friendly Agents

Investor Friendly Lenders
YouTube Interview
https://youtu.be/1YV1SQ5WslQ
Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!

 	* Grab the Ultimate FI Spreadsheet
 	* Join our Facebook Group
 	* Leave us a voicemail
 	* Send an email to contact [at] TheFIshow [dot] com

If you like what you hear, please subscribe and leave a rating/review!

>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)

Saving-Sherpa (Justin’s blog)

Real Estate in 2024 | Scott Trench

When it comes to networking, Mason Miranda is world-class.

Within his first year of investing in real estate, he was able to purchase 62 units... with none of his own money.

Tune in to hear the tactics and strategies he used to pull this off.

And as always, if you enjoyed it, please share this episode with a friend!
Links From the Episode

 	* Mason's Instagram
 	* Mason's Facebook

YouTube Interview
https://youtu.be/OPtqnFOkoWs?si=B22NwVX2Vjaw_Z0h
Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!

 	* Grab the Ultimate FI Spreadsheet
 	* Join our Facebook Group
 	* Leave us a voicemail
 	* Send an email to contact [at] TheFiShow [dot] com

If you like what you hear, please subscribe and leave a rating/review!

>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)

Saving-Sherpa (Justin’s blog)

He Bought a House for $5,000

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