I Traded My Wedding for a Rental—Now I Have 6 Properties! | Bigger Pockets Video

Episode #602

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Would you trade your wedding for a rental property? What if it allowed you to retire years ahead of schedule? Today’s guest saw the bigger picture, and in this episode, he’ll share how small sacrifices can yield a massive return!

Welcome back to the “Real Estate Rookie” podcast! Rather than having the large, traditional wedding that most couples dream of, Dean Pinhas and his wife turned their wedding fund into the down payment for a home, which they would soon convert into the first of six rental properties over the next five years.

And this is just one of many sacrifices the couple has made to fast-track their financial goals. Dean is so focused on achieving financial freedom that he’s intentionally absorbing negative cash flow on his properties. The catch? In less than 15 years from now, he’ll have a completely paid-off real estate portfolio that brings in $20,000/month or more in net rental income!

Tune in to learn more about Dean’s unique investing strategy, how a cross-country move boosted his income (and his purchasing power!), and what YOU should do today to retire early with rentals, too!

00:00 Intro
00:36 Trading His Wedding (for a Rental!)
06:11 Leaving a Dead-End Job
11:21 Sponsor: Baselane!
12:19 Moving to Los Angeles
18:56 Renting Out the First Property
20:24 Losing Money (On Purpose!)
28:03 Dean’s Current Portfolio
30:25 Common Renovation Mistakes
36:56 Connect with Dean!