{"id":78897,"date":"2016-07-14T00:02:20","date_gmt":"2016-07-14T06:02:20","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=78897"},"modified":"2023-04-14T02:16:07","modified_gmt":"2023-04-14T08:16:07","slug":"2016-07-14-bp-podcast-183achieving-financial-independence-rental-properties","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/2016-07-14-bp-podcast-183achieving-financial-independence-rental-properties","title":{"rendered":"Achieving Financial Independence Through Rental Properties with Sarah P."},"content":{"rendered":"<p><span style=\"font-weight: 400;\">What does it take to achieve financial independence? Thousands of deals and a 100+ hour work-week hustle? Not according to today\u2019s guest! Today we bring you an incredible interview with <strong>Sarah P.<\/strong>\u00a0who just one year ago began her journey toward financial independence using rental properties &#8212; part-time! You\u2019ll learn how Sarah is <strong>building a rental portfolio despite living in one of the most crowded, competitive markets in the world<\/strong>, as well as her best tips on overcoming obstacles, creative finance, and more. This show will not only give you miles of practical advice, it will leave you saying, \u201cI can totally do that!\u201d <\/span><\/p>\n<p><a href=\"https:\/\/itunes.apple.com\/us\/podcast\/biggerpockets-podcast-real\/id594419649\" target=\"_blank\" rel=\"noopener\">Click here<\/a>\u00a0to listen on iTunes.<\/p>\n<h2>Listen to the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" frameborder=\"0\" height=\"200\" scrolling=\"no\" src=\"https:\/\/playlist.megaphone.fm?e=BIGPOC8326124258&#038;light=false\" width=\"100%\"><\/iframe><\/p>\n<h2>Watch the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" title=\"Achieving Financial Independence Through Rental Properties with Sarah P. | BP Podcast 183\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/NO8p6RM2IWo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>Help Us Out!<\/h2>\n<p>Help us reach new listeners on iTunes by leaving us a rating and review! It takes just 30 seconds and instructions can be found <a href=\"https:\/\/www.biggerpockets.com\/forums\/25\/topics\/161423-do-you-listen-to-the-bp-podcast\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>. Thanks! We really appreciate it!<\/p>\n<h2>This Show Sponsored By<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-77567 alignright\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2016\/03\/simplisafe.png\" alt=\"simplisafe\" width=\"271\" height=\"58\" title=\"\">Check out <strong>SimpliSafe<\/strong> Security&#8217;s DIY home security systems; an affordable, wireless, cellular, and customizable system that doesn&#8217;t require a contract!<\/p>\n<p>Try it today with a discount:\u00a0<a href=\"http:\/\/simplisafepockets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">simplisafepockets.com\/<\/a><\/p>\n<h2>Fire Round\u00a0Sponsor<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-74647 size-gallery-block\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/08\/freshlogo-214x140.png\" alt=\"freshlogo\" width=\"214\" height=\"140\" title=\"\">A huge thanks as well to our Fire Round sponsor FreshBooks.<br \/>\nFreshBooks customers spend less time on paperwork, freeing up <span class=\"tooltips\">2 days per month<\/span> to focus on the work they love. What would you do with that extra time?<\/p>\n<p>Learn more by visiting\u00a0<a href=\"http:\/\/www.freshbooks.com\/pages\/biggerpockets?ref=11568&amp;utm_source=bigger-pockets&amp;utm_medium=podcast&amp;utm_campaign=2015\" target=\"_blank\" rel=\"noopener noreferrer\">FreshBooks<\/a>.<\/p>\n<h2>In This Episode We Cover:<\/h2>\n<ul>\n<li>How she discovered <strong>financial literacy<\/strong> through Mr. Money Mustache<\/li>\n<li>How <strong>analyzing deals<\/strong> made her feel comfortable buying her\u00a0first\u00a0deal<\/li>\n<li>How to invest if you\u2019re in an <strong>expensive market<\/strong><\/li>\n<li>The details on her <strong>first deal<\/strong><\/li>\n<li>How she chose her <strong>market<\/strong><\/li>\n<li>Sarah&#8217;s\u00a0thoughts on <strong>HOAs<\/strong><\/li>\n<li>How she&#8217;s\u00a0<strong>managing<\/strong> her properties<\/li>\n<li>How <strong>old<\/strong> her properties are<\/li>\n<li>How a <strong>Home Equity Line of Credit<\/strong> helped her land\u00a0her first properties<\/li>\n<li>What her long-term <strong>goal<\/strong> as an investor is<\/li>\n<li>How Sarah <strong>finds<\/strong> her deals<\/li>\n<li>Some <strong>obstacles<\/strong> she&#8217;s encountered in her investing career<\/li>\n<li>What the <strong>2 year rule<\/strong> is<\/li>\n<li>How many <strong>hours a week<\/strong> she works on her real estate<\/li>\n<li><strong>And SO much more!<\/strong><\/li>\n<\/ul>\n<h2>Links from the Show<\/h2>\n<ul>\n<li><a href=\"http:\/\/www.imdb.com\/title\/tt0298203\/\" target=\"_blank\" rel=\"noopener noreferrer\">8 Mile<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/webinar?main_track_only=true\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Webinar<\/a><\/li>\n<li><a href=\"http:\/\/www.mrmoneymustache.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mr Money Mustache<\/a><\/li>\n<li><a href=\"\/renewsblog\/2016\/04\/28\/bp-podcast-172breaking-apartment-complex-investing-jonathan-twombly\/\" target=\"_blank\" rel=\"noopener noreferrer\">BP Podcast 172: Breaking Into Apartment Investing with a 100-Unit First Deal with Jonathan Twombly<\/a><\/li>\n<li><a href=\"\/renewsblog\/2016\/06\/23\/bp-podcast-180-58-deals-age-twenty-three-devan-mcclish\/\" target=\"_blank\" rel=\"noopener noreferrer\">BP Podcast 180: 58 Deals by Age Twenty-Three with Devan McClish<\/a><\/li>\n<li><a href=\"https:\/\/www.thumbtack.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Thumbtack<\/a><\/li>\n<\/ul>\n<h2>Books Mentioned in this Show<\/h2>\n<ul>\n<li><a href=\"http:\/\/amzn.to\/29OVakb\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Rich Dad Poor Dad<\/em><\/a> by Robert Kiyosaki<\/li>\n<li><a href=\"http:\/\/amzn.to\/29PT30C\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Secrets of the Millionaire Mind<\/em><\/a> by T. Harv Eker<\/li>\n<li><a href=\"https:\/\/get.biggerpockets.com\/nomoneydown\/\" target=\"_blank\" rel=\"noopener noreferrer\"><i>The Book on No or Low Money Down <\/i><\/a>by Brandon Turner<\/li>\n<li><a href=\"http:\/\/amzn.to\/29Jz2WE\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Rich Dad&#8217;s Who Took My Money?<\/em><\/a> by Robert Kiyosaki<\/li>\n<\/ul>\n<h2>Tweetable Topics:<\/h2>\n<ul>\n<li>&#8220;My rental income does not count as income.&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22My%20rental%20income%20does%20not%20count%20as%20income.%22%20BP%20Podcast%20183%20biggerpockets.com\/show183%20%40biggerpockets\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;If they can\u2019t help you, ask who else they know that can help you.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22If%20they%20can%E2%80%99t%20help%20you,%20ask%20who%20else%20they%20know%20that%20can%20help%20you.%22%20BP%20Podcast%20183%20biggerpockets.com\/show183%20%40biggerpockets\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;You need to know what to ask because you don\u2019t know what you don\u2019t know.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22You%20need%20to%20know%20what%20to%20ask%20because%20you%20don%E2%80%99t%20know%20what%20you%20don%E2%80%99t%20know.%22%20BP%20Podcast%20183%20biggerpockets.com\/show183%20%40biggerpockets\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>What does it take to achieve financial independence? Thousands of deals and a 100+ hour work-week hustle? Not according to today\u2019s guest! Today we bring you an incredible interview with [&hellip;]<\/p>\n","protected":false},"author":17340,"featured_media":118682,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-78897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-biggerpockets-podcast"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/78897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/17340"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=78897"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/78897\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/118682"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=78897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=78897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=78897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}