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The Intrinsic Value Podcast - The Investor’s Podcast Network

REI113: Financial Freedom (FIRE) w/ Cory Jacobson and Ryan Bevilacqua

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 14 March 2022

⏱️ 71 minutes

🧾️ Download transcript

Summary

In this week’s episode, Robert Leonard talks with Cory Jacobson and Ryan Bevilacqua all about financial freedom — what it is, all the various different ways of achieving it, the different types, and much, much more! IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 07:39 - How to get started with real estate investing. 07:39 - What house hacking is and how it works. 07:39 - Why real estate investing is a great strategy for financial freedom. 11:39 - What FIRE is and the different types and approaches that exist. 16:29 - How to transition from house hacking to traditional rental properties. 55:31 - How to analyze real estate deals and benchmarks to use. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. House Hacking education. Robert Leonard’s book The Everything Guide to House Hacking. Chad Carson’s book Retire Early with Real Estate. Related Episode: Listen to RV Rentals Weekly Juice Pod episode w/ Robert Leonard. Gary Keller’s book The Millionaire Real Estate Investor. Related Episode: Listen to Entrepreneurship Weekly Juice Pod episode w/ Robert Leonard. All of Robert’s favorite books. Are you a looking to start investing? Check out our article on How to Invest in Stocks: The Ultimate Guide for Beginners. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Robert (@therobertleonard): Website | Instagram | Twitter Connect with Cory & Ryan: Instagram  Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP.

0:02.3

Fat fire, Coast Fire, Lean Fire, traditional fire.

0:06.0

There's a lot of things. And it's evolving, right? This whole little, like, cult community of the fire movement, right? It's awesome. It's cool. You get everyone's different opinions, right? There's some people that are extremely frugal, and they trim out all their expenses and live very, very frugally, and they'll reach fire way faster. Then there's others.

0:19.8

If you go to the Fat Fire out there,

0:20.9

they just want a ton of cash flow coming in

0:22.9

so they can live the lifestyle they want,

0:24.4

have the big house. very, very frugally and they'll reach fire way faster. Then there's others, if you go to the fat fire route, they're like, they just want a ton of cash flow coming in so they can live the

0:23.6

lifestyle they want, have the big house, multiple cars. In this week's episode, I talk with Corey Jacobson

0:31.7

and Ryan Bevaluqua all about financial freedom, what it is, all the various different ways of

0:37.4

achieving it, the different types of financial freedom, what it is, all the various different ways of achieving it,

0:38.3

the different types of financial freedom, and much, much more.

0:42.5

Ryan and Corey met 11 years ago at Temple University in Philadelphia.

0:46.4

When they lived together as renters after college, they both purchased personal residences

0:51.6

and began to get into the fire movement.

0:54.2

Corey house hacked a single family house and did so for about three years.

0:58.5

Ryan and Corey then decided to get into business together and start to buy rental properties

1:02.3

after learning about its wealth building potential.

1:05.1

They now owned seven units combined and started the weekly juice as a way to organically

1:09.8

network with entrepreneurs and investors, as well as authent way to organically network with entrepreneurs and

1:11.2

investors, as well as authentically speak about their own experiences, lessons, wins, trials,

1:16.4

and tribulations in the effort to help others in their journey towards financial freedom.

1:21.4

These guys not only have a great story, but they've put in the work to become really educated

...

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