"You can start building and not have the money yet." - The Cash Flow Guy
Episode Summary:
The Cash Flow Guy, a real estate investor and CPA, shares his journey to financial freedom on the Strive for 25 podcast. He discusses how he got started in real estate at a young age, the importance of building wealth through real estate, and the strategies he used to finance his properties. He emphasizes the value of being flexible and willing to move for opportunities, as well as the benefits of leveraging and using home equity lines of credit. The Cash Flow Guy also highlights the power of social media, particularly Twitter, in connecting with like-minded individuals and learning from their experiences. Overall, his story serves as inspiration for anyone looking to build wealth and achieve financial independence through real estate.
The Cash Flow Guy, a real estate investor and CPA, shares his journey to financial freedom on the Strive for 25 podcast. He discusses how he got started in real estate at a young age, the importance of building wealth through real estate, and the strategies he used to finance his properties. He emphasizes the value of being flexible and willing to move for opportunities, as well as the benefits of leveraging and using home equity lines of credit. The Cash Flow Guy also highlights the power of social media, particularly Twitter, in connecting with like-minded individuals and learning from their experiences. Overall, his story serves as inspiration for anyone looking to build wealth and achieve financial independence through real estate.
About The Cash Flow Guy:
The Cash Flow Guy is a CPA and real estate investor chasing financial freedom. Living in San Diego, he has 2 rentals, is working on several construction projects, and is always looking for new debt vehicles to keep growing.
In this episode:
- Contrarian investing
- The importance of a 15-year loan
- The role of cash flow and equity
- Strategy and negotiation processes for buying a home
- Leveraging primary residences
- Utilizing a HELOCs (home equity lines of credit) for construction and renovation costs
- The power of networking and education
- The role of social media and Twitter in the real estate journey
Key Takeaways:
- Always do your research and be aware of your lending options.
- The best way to get ahead is to connect with like-minded people and learn from their experiences and insights.
- Find way to expose yourself to new perspectives and strategies until you find what works for you.
Connect with The Cash Flow Guy:
- He is on Twitter ("X") at https://twitter.com/TheCashFlow_Guy.
Connect with Joel Farrell:
- https://www.strivefor25.com/
- joel@strivefor25
- https://www.linkedin.com/in/joelfarrellvaloans/
- https://www.youtube.com/channel/UCISoNioAVR083iLErviv6pQ/featured
- https://www.instagram.com/strivefor25_/
- Are you ready to build an additional stream of income of $1,000 per month?? Check out Joel’s new course! https://joel-farrell-be35.mykajabi.com/offers/yLCu5bFC/checkout
Audio and show notes by Premier Podcast Promotions
Skool Guide: https://www.skool.com/strive-for-25-1965/classroom
Youtube Episode: https://youtu.be/AstrTNZMEec?si=payTCkaKFRv29Znv