Financial Freedom (with 3 Kids!) by Ditching Stocks for Rentals [Video]

There’s a faster way to financial freedom. It doesn’t include building a big business, day trading, or being the next Warren Buffett. But it does have to do with real-life rental properties, and if you can get comfortable with the landlord life, you can reach financial independence DECADES earlier than you thought possible. So, how do you get started? Today’s guest, Michael Glunk, is going to show us how.

Michael quickly realized that having his finances tied to a job meant he DIDN’T have control over his life. So, he started formulating a plan to get to financial independence as quickly as possible. For some people, index funds are the path to financial freedom, but for others, like Michael, rental properties are where the true money is. After learning the real estate investing ropes from none other than BiggerPockets, Michael made his first rental investment, and he hasn’t looked back.

Now, while raising a family, Michael ISN’T an early retiree. Instead, he fills his days doing what he wants and what his real estate portfolio requires from him. But he wouldn’t have it any other way. Michael gives his tips on hitting financial independence early, how to start building your real estate portfolio, and why you need to focus on cash flow, NOT buying more doors, when investing in real estate.

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Real Estate Investing For Beginners: How To Get Started:
https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide?utm_source=youtube&utm_medium=description&utm_campaign=none
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You Don’t Need To Earn a Lot To Be Financially Free—Here’s How You Can Do It on Minimums:
https://www.biggerpockets.com/blog/financial-freedom-at-the-lowest-barrier-of-entry?utm_source=youtube&utm_medium=description&utm_campaign=none
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Every Strategy I Used To Build My Portfolio for Financial Independence:
https://www.biggerpockets.com/blog/gaining-financial-freedom-using-long-and-short-term-rentals?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Michael:
BiggerPockets: https://www.biggerpockets.com/users/michaelglunk?utm_source=youtube&utm_medium=description&utm_campaign=none
YouTube: https://www.youtube.com/@michaelglunk
Website: https://michaelglunk.com/
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Connect with Mindy on BiggerPockets:
Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none
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Mindy: @mindyatbp or https://www.instagram.com/mindyatbp/
BiggerPockets: @biggerpockets or https://www.instagram.com/biggerpockets/

00:00 Saving and Investing EARLY
04:23 Financial Independence, NOT Early Retirement
09:19 Investing Whatever He Could
10:17 Buying Rentals
12:01 Serious Cash Flow!
19:37 Find Your ONE Thing
22:16 Connect with Michael!