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The Jesse Mecham Show

House Hacking, Individual Stock Picking, & More with Investor Robert Leonard

The Jesse Mecham Show

YNAB

Kids & Family, Education

4.71.1K Ratings

🗓️ 3 March 2021

⏱️ 30 minutes

🧾️ Download transcript

Summary

Robert Leonard has been a uniquely driven person since a young age. Eyeing the professional ranks of motocross at age 14 (the minimum age to turn pro was 16), he competed all over the country. When his father discouraged his going pro, Robert started working various jobs and reading about investing. By the time he graduated college, he had already purchased his first piece of real estate and began "house hacking" -- leasing spare rooms to roommates to generate cash flow to cover the mortgage.

 

Over the years Robert has continued to house hack, selling properties and rolling the profits into the next investment. He now owns a portfolio of rental properties. On the side, he also invests in individual stocks as a value investor, and enjoys the process of digging through company financials and earnings to find undervalued companies to buy and hold.

 

Robert is also passionate about teaching other people how to get started with investing in both real estate and the stock market, and he hosts two podcasts on the topic. Check the links below to follow Robert, learn more about his philosophy, and his podcasts!

 

Robert on Instagram: https://www.instagram.com/therobertleonard/

 

Real Estate 101 Podcast: https://www.theinvestorspodcast.com/real-estate-101/

 

Millenial Investing Podcast: https://www.theinvestorspodcast.com/millennial-investing/

 

Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

Transcript

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0:00.0

Hello, wine average. My name is Jesse Meckim and this is podcast number 472 for Wine App

0:09.2

where we teach you four rules to help you stop looking paycheck to paycheck, get out

0:12.7

of debt and save more money. When you've started saving your money, what are you supposed

0:16.2

to do? What do you do with it? You stick it in the mattress, you stick it in a secret

0:20.0

stash somewhere, maybe, because that would be cool. But you also may consider investing.

0:25.0

And today I have expert investor, Robert Leonard, who basically is self-made in the sense

0:30.4

that he's self-taught. He's just been grinding, doing his own thing. He's the host of the

0:35.4

Millennial Investor Podcast and the real estate investor podcast. Start when he was 25 just

0:40.1

at a college and just bit by bit and he's iterated and he's built something that went from

0:45.8

a little house hacking side hustle into a full-fledged business. So Robert and I talk about

0:50.4

everything from obviously the house hacking, the investing mentorship, which is huge. And

0:55.6

some real actionable insights for when you first want to get started with investing. Obviously,

1:01.3

if you're working on paying down your debt, stay the course. But if you're starting to

1:04.3

think that investing is in your future and you need to do more, then just stick the cash

1:08.2

in the mattress. I think go like this episode. I was also on Robert's podcast, the Millennial

1:14.2

Investor Podcast just recently. So if you want to check out that episode, I encourage

1:17.8

you to go check that out. All right, without further ado, investor, Robert Leonard.

1:25.6

Robert, welcome to the podcast. Tell everyone just a little bit about yourself background,

1:30.6

kind of how you got into the space of investing and feeling like you had enough of a grip

1:35.3

on it to talk to other people about it. Yeah, absolutely. Well, thanks, Jesse, for having

1:39.7

me. I really appreciate it. I'm excited to be here. Yeah. So my background was I found

1:44.9

Warren Buffett when I was about 14. And I actually almost got real into, I don't want

...

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