How We DIY Remodel, Flip, AND Buy-and-Hold Real Estate (Carl & Mindy Jensen)

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

Personal Finance, Financial Planning, Education, Retirement, Investing, Cfp, Business, Money

4.4 • 2K Ratings

🗓️ 13 July 2022

⏱️ 77 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Ever wondered what an "authentic" real estate fix-up story sounds like, instead of the magical rehab stories that make things look way-too-easy on television? Good news, Carl and Mindy Jensen have done everything from house hacking, fix-and-flip, and buy-and-hold real estate investments. They are here today to share their real estate investing successes and horror stories, Carl's final 1500 day countdown to retirement, and some practical tips if you are thinking about diving in yourself. In our headline segment, we look at a business case study that clearly shows the problem around rising interest rates. Between the pandemic, rising rates, and a threat of recession, corporations are feeling the hurt. We dive into one industry's debt, show you what this means for YOUR money, and share our tips to help you navigate the current economy. We'll also answer David's question about retiring with unused sick days and vacation time, and of course, we even left time for Doug's trivia. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Did you know that Discover is more than a credit card with Discover's online savings account?
0:04.4	You can earn five times more interest than the national savings average. Five times.
0:09.1	There's no monthly fees, no minimum deposit, no monthly balance requirements.
0:12.9	It's FDIC insured up to the maximum allowed by law. Learn more at Discover.com and start saving
0:18.8	with confidence today. Discover Bank member FDIC.
0:25.5	How was school?
0:26.6	Worst day of my life? What do you think?
0:29.0	Well, I want you to go see a Tina once in this.
0:39.6	Live from Joe's mom's basement. It's the stacking Benjamin show.
0:44.7	I'm Joe's mom's neighbor Doug and it's Gruntled Worker's Day.
0:58.0	I'm pretty sure Joe tried to Gruntle me the other day.
1:00.8	Oh, I had to get HR involved. Today, to talk about Gruntling your bank account,
1:06.8	we welcome a dynamic flipping house's duo from the Mile High Five podcast,
1:12.8	Carl Jensen, and from the bigger pockets money show, Mindy Jensen.
1:18.3	In our headlines, one industry is bracing for higher interest rates.
1:22.9	Should you? Plus, we'll throw out the Haven Lifeline to David,
1:26.9	who's curious about cashing out sick days upon retirement.
1:30.9	And then I'll come in with my Gruntled trivia.
1:34.5	And now, two guys who are happy to help you stack your Benjamin's, Joe.
1:39.9	Oh, and oh, Jojo, Jojo, Jojo, Jojo, Jojo.
1:52.3	Welcome to another Benjamin Stacking Wednesday.
1:55.6	Peeps, I'm Joe Salcihi, Average Joe Money on Twitter.
	...

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