Join us on this week’s episode as we delve into James Lowery’s inspiring journey to financial independence! While working in a physical therapy clinic, James quickly realized that retiring at 62 sounded far from what an ideal life looked like. James and his wife Emily then embarked on a relentless real estate journey and built a real estate portfolio from one condo to nine units in their first year! Since then, the couple retired at 27 & 28, which allowed them to launch Rethink the Rat Race, a brand committed to sharing their experiences and insights on achieving financial freedom before age 30!
So, if you’re looking to escape the rat race and enjoy the nomad lifestyle worldwide, this episode is precisely what you’ve been looking for! Tune in as James provides pivotal moments and insights from his journey toward financial independence. From his start in house hacking to navigating the transition out of traditional employment, James shares unconventional strategies for building wealth through real estate investment. With a focus on cash flow and geographic appreciation, James discusses the importance of strategic decision-making and the considerations involved in managing a diverse portfolio of rental properties.
From remote deal sourcing to evaluating property investments, James offers candid reflections and actionable tips for investors looking to experience the same kind of unique and fulfilling success. This enlightening episode is a true testament to the life-changing power of persevering, adapting, and continuously learning to pursue wealth-building and financial independence. Embrace early retirement just like James today!
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Watch the episode here
Listen to the podcast here
Podcast Highlights:
[7:00] Learning About Financial Independence in 2016
[8:30] Living in His First House Hack
[15:00] Making the Transition Out of a W2
[17:02] Buying Homes Without a Job
[20:30] Advice on Condos and HOAs
[26:00] Why Convert to Short-term Rentals
[28:58] Which Units to Sell Off and Which Ones to Buy
[34:00] On Putting in a Deal Remotely
[37:40] Parting Words of Wisdom For Investors
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Important Links
HOSTS
Craig Curelop
📸 Instagram: https://www.instagram.com/thefiguy
📘 Book: https://store.biggerpockets.com/products/the-house-hacking-strategy
🏘️ Buy Real Estate: https://bit.ly/3V3QDze
Ali Garced
📸 Instagram: https://www.instagram.com/ali_the_agent/
📱Facebook: https://www.facebook.com/aligarced
💼 LinkedIn: https://www.linkedin.com/in/alexandragarced/
🖥 Website: https://www.garcedrealty.com/
GUEST
James Lowery (Rethink the Rat Race)
📸 IG: https://www.instagram.com/rethinktheratrace/
💻 Website: https://rethinktheratrace.com/
📱Facebook: https://www.facebook.com/RatRaceRejects/
🗣 Twitter: https://twitter.com/RethinkRatRace
Check out their recommendations here:
🔗 Affiliate Links
- Don’t miss out on resources of great value for real estate starters. Visit FITeam’s website! — https://www.thefiteam.com/
- Sign up for The FI Team’s House Hacking Intensive Workshop for First-Time Real Estate Investors in Denver from April 5 – 7: https://thefiteam.com/workshop with the discount code ‘INVEST2FI’ for 20% off!
- Check out James’s book recommendation here:
1. From Passive To Passionate: How To Quit Your Job – Grow Your Wealth & Turn Your Passions Into Profits by Brian Luebben
