Chasing FIRE – Financial Independence / Retire Early
Michal is a husband, father, accountant, auditor, and real estate investor. Using the BRRRR method, he has acquired 5 properties and 10 units all while working a full-time job. Michal thrives on coaching and sharing information he has gained, through networking and his own journey, to teach others about investing, renovation, and mindset.
At 22 and 23, Jeremy and Taylor took the real estate investing plunge and in less than a year and a half have scaled up faster than 90% of their peers. At the time of recording they already had 12 properties and 32 rental units. This passionate duo loves buying undervalued small multi family buildings, renovating, managing them, and attracting high end clientele exclusively in Chatham, Ontario.
Matt and Kellan have been absent from the On FIRE Podcast for around 18 months – here is what they’ve been up to, and what’s in store for the upcoming episodes!
Chandler is a regional sales manager for a nationally recognized pest control company. He has recruited and mentored over than 1,000 sales reps and sold 40,000+ pest control accounts bringing in more than $20 million in gross sales. Chandler takes the capital from these earnings, and funnels it directly into cash flowing real estate. A the time of recording, Chandler had 63 doors, and is growing rapidly, all while documenting it on his YouTube channel.
Andrew Hines touches on it all: real estate investing with both student and family rentals, wholesaling, rehab, new builds, add-ons, social media, hosting his own podcast, hosting a local networking group – gold nuggets are throughout the whole episode.
In a few short years, Dylan McLauchlan built up enough passive income from his real estate portfolio to retire from his day job, and pursue “firepreneurship” – building businesses and pursuing his passions without needing to worry about where the next paycheque will come from. Through the power of leverage with student rentals and multi-family rental properties, Dylan used the BRRRR investing strategy to access capital from his deals, and continue to mortgage snowball.
Reaching financial independence through passive investments and tracking your spending, all while raising a family – Chris Urbaniak shows how it can be done. Since the episode has been released, Chris moved down to 3-day weeks at his job, leaving him with 4-day weekends every week – a fantastic transition to full retirement. FIRE can be achieved in many different ways, but people often consider it impossible while raising a family. Chris joined us today to show how it can be done, without making massive sacrifices, but rather through conscious decisions, and deliberate change.
Taking a leap of faith. Today’s guest had a light-bulb moment, by surrounding himself with the right kind of people. He went from spending all of his money and going into massive debt, to buying two rental properties, living for free by house hacking in one of them, renting to students, hosting on AirBnb, and speaking at real estate events. Looking to turn your life around? Adam Martin will be a huge inspiration.
College is not for everyone. While studying in school, Max flipped 192 cars by the age of 19. He had only one semester left of school – but after reverse-engineering his goals – despite the overwhelming pressure from his peers and mentors to finish – he decided that college did not align with his goals. He is now perusing new business ventures, and flipping cars for income along the way.
Imagine leaving for a 3 month trip around the world, and coming back with more money in your bank account – this is the concept that sparked it all for Matt and Cassidy. Rather than simply investing to make money, investing should be about creating the lifestyle that we want – and these guys figured it out early! Matt and Cassidy are running businesses remotely, investing various types of real estate (including creative financing, vendor take-backs, private money loans), attending countless business/mindset events, and working towards a lifestyle rather than simply working for money.
