In this episode, we dive into the journey of Corey and Ryan, two investors who have successfully built a diversified real estate portfolio. From long-term rentals to short-term Airbnb properties, they share their experiences, lessons, and insights on creating financial independence through real estate investing.
The Power of Diversification
Corey and Ryan’s portfolio includes a mix of long-term and short-term rentals spread across different locations, including the Pocono Mountains, Tampa, and New Hampshire. This diversified approach has given them financial stability and multiple income streams, ensuring that if one market shifts, they have other investments to rely on.
The Journey to Financial Independence
Their journey started with a desire to escape the traditional 9-to-5 job and achieve financial independence. By consistently investing in real estate and focusing on cash-flowing properties, they’ve built a foundation that allows them to live on their terms. Their strategy isn’t about overnight success but a long-term approach where each investment compounds over time.
The Importance of Taking Action
One of the biggest takeaways from this episode is the emphasis on taking action. Corey and Ryan stress that many people stay in analysis paralysis, researching and planning but never actually investing. They believe in the power of starting small, even if it’s just one rental property, and growing from there.
The FIRE Movement and Their Perspective
While Corey and Ryan resonate with the Financial Independence, Retire Early (FIRE) movement, they believe in a more balanced approach. Rather than focusing solely on extreme frugality, they prioritize building wealth through smart investments while enjoying life along the way.
Coaching and Giving Back
Beyond their own success, Corey and Ryan are passionate about helping others achieve financial freedom. Through their coaching program, they guide aspiring investors through the real estate journey, offering affordable mentorship compared to other high-priced coaching services.
Final Thoughts
The conversation with Corey and Ryan highlights that real estate investing isn’t just about making money—it’s about creating a lifestyle that aligns with personal goals. Whether you’re just getting started or looking to scale your investments, their insights provide valuable lessons on achieving financial independence through real estate.