LWC 10: Achieving Financial Freedom Through Real Estate Investing & Money Mastery With Jared Fielding
Jared Fielding is an entrepreneur, real estate investor, travel and fitness enthusiast. He’s flipped over 300 houses and retired at 31 with paid off rentals and paid off house on river as his primary, Jared sold the house on the river and traveled the world. He loves systems for food, fitness, business and personal development. He has 15 paid off rentals.
Takeaways and Key Topics:
Grew Up Faster being a Washington Farmer
College dropout because of REI at 19
Don’t have to be a rocket scientist to figure it out
Any person can be successful with Real Estate and discipline
Didn’t buy first flip for 6 months
People study too much, need more action
Don’t let time connect with money
5-7 years to retire
Take your rentals to top quality level
ROI + ROE (energy)
Cashflow is king
Goal was paid off rentals
Find niches with minimal competition
Networking, Auctions, Door Knocking, Pre-foreclosure
Delegates things he hates & low $ per hour
- Driving properties
- Auction bidding
- Hire niche people
Operator/Visionary
He likes smaller markets with less competition
House I would be comfortable living in – 20-50% discount
Sell underperforming assets
Market is super hot right now
- Build capital base ready for buying opportunities
Chase’s Resources:
Jared's Resources:
E-myth - https://amzn.to/2ISeFd3
4 hour work week - https://amzn.to/2XiMjSF
Money Master The Game - https://amzn.to/2ZzEqFW