How to Make Your FIRE Portfolio Even MORE Passive (Finance Friday)

BiggerPockets Money Podcast

BiggerPockets

Investing, Education, Business

4.6 • 2.9K Ratings

🗓️ 5 September 2025

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today on the BiggerPockets Money Podcast, we're diving into an incredible success story. Meet Beau, a retired military professional who built a massive real estate empire and achieved financial independence in his thirties. But here's the twist: even with a winning formula, Beau wants his investments to work even HARDER while he works even LESS. In this Finance Friday episode, Beau opens up his entire financial playbook with hosts Mindy Jensen and Scott Trench. We're talking rental properties generating serious cash flow, private lending deals that most investors don't even know exist, and tax strategies so advanced they'll make your accountant jealous. This isn't your typical "I bought a duplex" story—this is next-level wealth building. If you're serious about real estate investing and want to see what's possible with the right strategy and execution, this episode is packed with actionable insights. In this episode, you'll discover: Beau's complete real estate portfolio breakdown and current cash flow numbers Advanced private lending strategies that generate consistent returns Tax optimization techniques for real estate heavy portfolios How to transition from active to passive real estate investing Strategic property sale timing and 1031 exchange considerations The pros and cons of private money lending versus traditional investments Portfolio diversification strategies for real estate investors How military discipline translated into investment success Specific steps to make your real estate investments more hands-off Risk management strategies for high-net-worth real estate portfolios And SO much more! 00:00 Beau’s FIRE Journey 02:43 Beau’s FI Number 04:52 Exploring Passive Income Options 09:53 Private Lending and Real Estate Portfolio Analysis 19:17 Evaluating Property Performance and Future Plans 28:54 Exploring Arbitrage in Real Estate Lending 33:32 Amortization and Long-Term Financial Planning 36:34 Balancing Private Lending and Real Estate Investments 44:32 Tax Strategies and Portfolio Diversification 54:51 Connect with Beau! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Beau retired early in his 30s because of the rental income from his real estate portfolio.
0:05.3	However, Bo has two kids and is looking to make his life more passive.
0:09.8	What are his options?
0:11.0	We're going to be breaking all of that down today in this episode of Finance Friday.
0:20.6	Hello, hello, hello, and welcome to the Bigger Pockets Money podcast. My name is Mindy Jensen,
0:25.2	and with me as always is my holding on to his real estate portfolio co-hosts, Scott Tretch.
0:30.5	Thanks, Mindy. Great to be here and looking forward to discussing what the FUD, FUD, FD, fee,
0:35.1	or uncertainty, and doubt, guys. That's not a bad word. Bo should do with
0:38.7	his rental property portfolio. Bo was on the podcast a few weeks ago, and if you missed his first
0:43.9	episode where we discussed his fire story at length, you can hear it all in episode 667.
0:49.9	Bo, excited to have you back here on Bigger Pockets Money. And before we get into the discussion,
0:56.3	I do want to heavily caveat this.
1:01.6	This is a highly complex, real estate heavy financial position.
1:09.4	The strategy about what Bo should consider doing with his financial future is heavily dependent on tax strategy in a way that is not common
1:13.7	in most of our episodes because he's actually a full-time real estate investor who likely, but not
1:20.5	as a given, qualifies for real estate professional status, which allows him to declare real estate passive income and passive losses
1:30.6	against active income in many cases. That creates numerous opportunities and challenges in creating
1:38.1	a playbook. Furthermore, we also have a couple of unclear or conflicting goals that we're still figuring out. So that's
1:45.7	going to lead to a lot of analysis that's grounded in guesswork on what a professional tax
1:51.3	strategy will end up looking like in practice, which involves details we don't have today,
1:56.2	and will involve the direction that Bo wants to go with his life and his businesses
2:02.2	that he wants to move in place.
	...

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