Podcast#63 – Interview – Sarah Pritchett another Passive W2 Employee investing herself out of the job and getting all she needs

 

Building up the portfolio off of MLS 25% returns Use condition of purchase to have big capex repaired Cashflow is 40-45% of rents collected Find the WHY behind the WHAT of financial independence She used the HELOC to power her investing Now she is trying out foreclosure and partnerships @29:00 I just decided to pass on a deal because it just did not fit based on what she said Do you day job well and do what else you enjoy I’m 29, grew up in Michigan (went to UofM- Go Blue!) where I joined Air Force ROTC and commissioned into the US Air Force. My first station was down in Florida and now I’m here in Colorado loving life. I do Program Management/Acquisitions related work for the military. What area of real estate do you plan to discuss? – SFH buy and hold rentals mostly, one duplex How did you get started in REI? – I’ve been pursuing Financial Independence since I plugged into Mr. Money Mustache’s blog in December 2014. My goal was to make it by age 30 and I got there 10 months later. I started my journey by investing for Cash Flow (instead of flipping, etc). My first offer was Jan 2015 on short sale, first deal (not the short sale) closed July 2015. How many deals have you done? – Seven- about to be eight next week if all goes well What types of deals were they? – Four townhouses in FL where I used to live for the military and two condos in CO, duplex in MI, about to close on another one in MI Can you name something notable about these deals? – They have taught me a lot personally (relaxing more, empowering myself, taking me out of my comfort zone in a way the military hasn’t), they allowed some great connections and teams. I’ve also only signed one deal in person. Most were mail outs but the most recent one I was out of the country for. What is the current focus of your business? – Financial Independence. Freedom.

#LaneHack #JustTheTip

Check out my Free Resources Below:
1) If you are an accredited investor and afraid of the impending market correction?Get out the stock market and into the Simple Passive Cashflow Hedge Fund!
More info: www.SimplePassiveCashflow.com/fund

2) Join a Social Club:
Seattle: https://www.facebook.com/groups/SPCHUISEA/
Hawaii: https://www.facebook.com/groups/SPCHUI808/
Portland: https://www.facebook.com/groups/SPCHUIPDX/
Bay Area: https://www.facebook.com/groups/SPCHUIBAY/
So Cal: https://www.facebook.com/groups/SPCHUISOCAL/
East Coast: https://www.facebook.com/groups/SPCHUIEAS/
Central USA: https://www.facebook.com/groups/SPCHUICUS/

3) Subscribe to my podcast on iTunes or Google play.

Google Android Phones: https://goo.gl/app/playmusic?ibi=com.google.PlayMusic&isi=691797987&ius=googleplaymusic&link=https://play.google.com/music/m/Iwlprtpxn4qim36w6buokzgg6ha?t%3DSimple_Passive_Cashflow_Podcast

Apple iPhone: https://itunes.apple.com/us/podcast/simple-passive-cashflow-podcast/id1118795347?mt=2

Youtube: https://www.youtube.com/channel/UC3cIIsGKx3osVU5rt2P0HfQ

4) Once you have gone through the majority of podcasts feel free to sign up for a chat:
https://calendly.com/simplepassivecashflow/20/

5) Make sure you sign up for my Hui Deal Pipeline Club to get sent the deals I come across:
https://simplepassivecashflow.activehosted.com/f/3

6) I am partnered with a start-up Virtual Assistant firm out in the Philipines. Shoot me an email Lane@simplepassivecashflow.com if you want to try out a 10-hour free trial.
More info: https://drive.google.com/open?id=0B4gFjCt6Knc1U3YwYjdZRnYzN1k

7) Join a Local Social Club:
Seattle: https://www.facebook.com/groups/SPCHUISEA/
Hawaii: https://www.facebook.com/groups/SPCHUI808/
Portland: https://www.facebook.com/groups/SPCHUIPDX/
Bay Area: https://www.facebook.com/groups/SPCHUIBAY/
So Cal: https://www.facebook.com/groups/SPCHUISOCAL/
East Coast: https://www.facebook.com/groups/SPCHUIEAS/
Central USA: https://www.facebook.com/groups/SPCHUICUS/

8) Please leave a review for the podcast!
itunes.apple.com/us/podcast/simplepassivecashflow.com/id111879534

9) Coaching Program to get you to your first rental in 90 days!
simplepassivecashflow.com/coaching

10) And finally… if you are just getting started Sign-up for Free access to the 10 Module Course: https://simplepassivecashflow.activehosted.com/f/1

Summary of every Simple Passive Cashflow Podcast: https://drive.google.com/open?id=1banG1R0TKhv_ji54tsZMbYJ8iikr9Ib103ZUeYse_ts”

ent focus of your business? – Financial Independence. Freedom.

 


#LaneHack #JustTheTip

Check out my Free Resources Below:
1) If you are an accredited investor and afraid of the impending market correction?Get out the stock market and into the Simple Passive Cashflow Hedge Fund!
More info: www.SimplePassiveCashflow.com/fund

2) Join a Social Club:
Seattle: https://www.facebook.com/groups/SPCHUISEA/
Hawaii: https://www.facebook.com/groups/SPCHUI808/
Portland: https://www.facebook.com/groups/SPCHUIPDX/
Bay Area: https://www.facebook.com/groups/SPCHUIBAY/
So Cal: https://www.facebook.com/groups/SPCHUISOCAL/
East Coast: https://www.facebook.com/groups/SPCHUIEAS/
Central USA: https://www.facebook.com/groups/SPCHUICUS/

3) Subscribe to my podcast on iTunes or Google play.

Google Android Phones: https://goo.gl/app/playmusic?ibi=com.google.PlayMusic&isi=691797987&ius=googleplaymusic&link=https://play.google.com/music/m/Iwlprtpxn4qim36w6buokzgg6ha?t%3DSimple_Passive_Cashflow_Podcast

Apple iPhone: https://itunes.apple.com/us/podcast/simple-passive-cashflow-podcast/id1118795347?mt=2

Youtube: https://www.youtube.com/channel/UC3cIIsGKx3osVU5rt2P0HfQ

4) Once you have gone through the majority of podcasts feel free to sign up for a chat:
https://calendly.com/simplepassivecashflow/20/

5) Make sure you sign up for my Hui Deal Pipeline Club to get sent the deals I come across:
https://simplepassivecashflow.activehosted.com/f/3

6) I am partnered with a start-up Virtual Assistant firm out in the Philipines. Shoot me an email Lane@simplepassivecashflow.com if you want to try out a 10-hour free trial.
More info: https://drive.google.com/open?id=0B4gFjCt6Knc1U3YwYjdZRnYzN1k

7) Join a Local Social Club:
Seattle: https://www.facebook.com/groups/SPCHUISEA/
Hawaii: https://www.facebook.com/groups/SPCHUI808/
Portland: https://www.facebook.com/groups/SPCHUIPDX/
Bay Area: https://www.facebook.com/groups/SPCHUIBAY/
So Cal: https://www.facebook.com/groups/SPCHUISOCAL/
East Coast: https://www.facebook.com/groups/SPCHUIEAS/
Central USA: https://www.facebook.com/groups/SPCHUICUS/

8) Please leave a review for the podcast!
itunes.apple.com/us/podcast/simplepassivecashflow.com/id111879534

9) Coaching Program to get you to your first rental in 90 days!
simplepassivecashflow.com/coaching

10) And finally… if you are just getting started Sign-up for Free access to the 10 Module Course: https://simplepassivecashflow.activehosted.com/f/1

Summary of every Simple Passive Cashflow Podcast: https://drive.google.com/open?id=1banG1R0TKhv_ji54tsZMbYJ8iikr9Ib103ZUeYse_ts

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