545: Fat FI by 23: Building a 7-Figure Income & 8-Figure Portfolio in 3 Years
Description
Fat FI and generational wealth in THREE years?! How is that possible? The sooner you forge good money habits, the sooner YOU can achieve your FI goal. Today’s guest wanted to build wealth as soon as possible, and in this episode, he will share the secrets to his enormous (and rapid) success!
Only a few years ago, Josh Janus was flipping sneakers he couldn’t afford and making DoorDash deliveries for a little cash. Today, he has a seven-figure income and an eight-figure real estate portfolio. Fat FI at the age of just twenty-three, Josh still has his entire life ahead of him and a significant net worth to deploy however he chooses. Will he continue to grind away as a real estate agent, working eighty-hour weeks and optimizing his time for even higherearnings? Or will he take his foot off the gas and enjoy some of the wealth he’s worked so hard to build?
Now, you may be in a very different season of life than Josh. After a family, career, and maybe even a late start to your FI journey, this explosive wealth-building trajectory might not be in the cards. But even if you don’t aspire to build a $15 million multifamily portfolio or revitalize your hometown, a few years of extreme discipline and sacrifice will unlock all kinds of financial opportunities. Tune in to Josh’s incredible story and find out how!
In This Episode We Cover
How Josh achieved financial independence in just THREE years (at twenty-three!)
How to grow a seven-figure income as a real estate agent and investor
Building a large real estate portfolio (starting with little to no money!)
Increasing your income by evaluating your schedule for delegable tasks
How practicing discipline and sacrifice can fast-track your journey to FI
And So Much More!
Links from the Show
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Finance Review Guest Onboarding
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Apply to Be a Guest on The Money Show
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See Scott and Kyle at BPCON2024 in Cancun!
00:00 Intro
02:03 Josh’s Money Snapshot
10:34 What’s the End Goal?
13:13 Flipping Sneakers to Learning Real Estate
25:12 Becoming an Agent & Leaving College
28:52 $600K in Year ONE?!
35:16 The Real Cost of Success
43:52 “Seasons” of Life
49:04 Connect with Josh!
50:04 Hustle for Your FI Goal!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-545
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