Financial freedom isn’t something that most Americans strive towards. For the most part, working at a job, getting a steady paycheck, and bringing home the bacon is enough. That is until something forcibly stops you from working. It could be a workplace injury, a family emergency, or even a cancer diagnosis. What do you do when you can’t work or provide for your family, all while fighting a life-threatening disease?
Josh Goldstein was in this exact situation in 2015 when doctors gave him a rough diagnosis—pancreatic cancer. Josh and his wife knew that he could make it through the treatments, but the financial problem still loomed largely. How would they be able to pay the bills, take care of their kids, or continue living the life they loved without any money coming in from Josh’s work? The answer—real estate investing.
After years of analysis paralysis and a deep obsession with BiggerPockets content (woohoo!), Josh bought his first property as the world was starting to shut down. But he didn’t let the lockdowns stop his plan to hit financial freedom fast. Over the past two years, Josh has gone from zero to twenty units, some of which he’s never laid eyes on before. This portfolio, which was built out of a life-threatening situation, is now bringing in hundreds of thousands a year for Josh’s family, providing them well-earned financial independence.
00:00 Intro
02:12 Quick Tip
03:34 Solving a Life-Threatening Problem
15:41 Taking a Chance on Turnkey Rentals
27:44 Becoming the Problem-Solver
34:41 Josh's Current Portfolio
38:47 Short-Term Rental Saturation
44:49 Turning Frustration into Five Star Reviews
49:50 Deal Deep Dive
57:56 Famous Four
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Hear Henry on The “On The Market” Podcast Wherever You Listen to Podcasts:
Spotify: Podcasts:
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Grab David’s Book, “Long-Distance Real Estate Investing”:
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Episodes Mentioned in This Show:
Whitney Hutten:
Avery Carl:
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Grab the Classic, “Rich Dad Poor
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Connect with Josh:
BiggerPockets:
Instagram: @bunkhouseworldwide or
Email: josh@bunkhouseworldwide.com
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Connect with David and Henry on BiggerPockets:
David:
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Follow David and Henry on Instagram:
David: @davidgreene24 or
Henry: @thehenrywashington or
Episode 692
Show notes at:
#biggerpockets #realestatepodcast #biggerpockets692
Recommended Reading >> bit.ly/32kRpzw
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