Nick Sehy Details How He's Purchased 19 Houses Before Age 29 (SB1599)

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

🗓️ 7 November 2024

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

You asked for details on Joe's son's real estate adventure, and today you get it! This episode takes you to CampFI Midwest, where Joe's 29-year-old son, Nick, shares his journey toward financial independence through real estate investment. Starting in 2020, Nick began buying and renovating properties, primarily in Detroit, while living in Seattle and working at Microsoft. Learn about his strategies, the challenges he faces, and the importance of diversification in building a solid financial plan. The episode includes insights on finding deals, managing properties remotely, and the significance of making and learning from mistakes in the path to financial independence. Introduction to Greatest Hits Week Introducing Camp FI and Nick's Journey Nick's Real Estate Empire The Stacking Benjamins Podcast Vibe Nick's Detroit Real Estate Adventures Nick's Real Estate Strategy and Challenges The Importance of Diversification Concluding Thoughts and Advice Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hey there, Stackers.
0:08.5	Welcome to Thursday on our greatest hits week.
0:12.6	And man, have we had fun so far this week?
0:14.6	Today, we're going to do another non-stacking Benjamin show.
0:18.9	We are taking you to Camp Phi. And this is something you've
0:22.7	never heard before on stacking Benjamins. And it is my son, Nick, in the spotlight as we are
0:31.4	at Camp Five Midwest. And he and I gave a presentation about the things that he's done to achieve financial independence. Now, he's not
0:39.5	there yet. So it's all about his journey. Nick is 29 years old. And you're going to hear
0:45.0	about his real estate empire that he's built. You'll hear the good things, the bad things.
0:50.4	I had the honor of interviewing him, which was fantastic.
0:55.1	Stephen Boyer, who creates Camp Fi, asked me if I'd speak.
0:59.4	I said, absolutely, I'll speak, but I also would like to bring my son with me this time
1:03.4	because I think these are his people, and he'd really enjoy Camp Fi.
1:06.8	And he said, really?
1:07.8	Is this the Nick that I've heard about on Stacky and Benjamin's before? And I said, that's the one. And he said, well, is this the Nick that I've heard about on Stacky Benjamin's before?
1:11.0	And I said, that's the one.
1:12.8	And he said, well, can we hear Nick's story?
1:15.5	So it was my honor to interview Nick and for this to be inspiration for all the people in the room and also inspiration for you.
1:24.8	Before we get there, we've got a couple sponsors who make this show go. So we're going to say
1:30.2	hello to them. And then we're going to take you to Minneapolis, little town outside of Minneapolis.
1:35.7	Actually, not even in town. How about this? A little camp outside a smaller town, close to Minneapolis.
1:41.6	This is Nick Seehigh and I in front of a packed room at Camp 5 Midwest.
	...

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