Buying Houses with No Money Down from Thousands of Miles Away | Tony J Robinson

Tony J Robinson, co-host of the BiggerPockets Real Estate Rookie podcast and one half of The Real Estate Robinsons, joins us to talk real estate strategy. Tony has experience with many creative financing options and buying properties all around the country. Specifically, we cover: 100% mortgage loans through small credit unions The BRRR strategy Finding equity partners to finance deals Seller financing Lines of credit against stocks How to identify a "good" investment property Systems for managing your properties Building a team anywhere in the country And so much more. This is definitely an episode you'll want to come back to if you're looking to set up a system for managing your properties. If you found value in the episode, please share it with a friend! Links from The Episode Tony's Instagram Tony's YouTube Channel The Real Estate Robinsons BiggerPockets Real Estate Rookie Podcast Finding Properties: AirDNA PriceLabs Managing Properties: PriceLabs Guesty Hostfully Breezeway Monday Turno YouTube Interview https://youtu.be/4lojE8R18Ks Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab the Ultimate FI Spreadsheet Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts CodyDBerman.com (Cody’s Blog) Saving-Sherpa (Justin’s blog)

If you've ever searched for something travel-related, you've probably stumbled onto Nomadic Matt's website at one point or another. He started travel blogging back in 2008 and quickly became one of the biggest names in the space. As you can imagine, after traveling and gathering information for 15+ years, he has a lot to share about travel! In this episode, we cover: How to find cheap flights How to find cheap accommodation How to find a cheap phone plan Why slow travel can save you money Overrated and underrated travel destinations The biggest mistakes most travelers make Taking a sabbatical and/or quitting your job and a whole lot more. If you found value in the episode, please share it with a friend! Links from The Episode NomadicMatt.com How to Travel the World on $75 a Day Matt's Instagram Cheap flights: Going Thrifty Traveler Airfarewatchdog The Flight Deal Google Flights Redeeming points: Seats.aero Point.me Cheap stays: Couchsurfing Trusted House Sitters Airbnb (rooms) Home Exchange Booking.com Rakuten (for money back on booked stays) Cheap phone plans: Airalo Saily Holafly No-fee Banking: Charles Schwab Investor Checking YouTube Interview https://youtu.be/a9TrvTIlogw Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab the Ultimate FI Spreadsheet Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts CodyDBerman.com (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Who said building wealth had to be complicated? In this episode, we're joined by JL Collins, author of The Simple Path to Wealth (recently revised). JL was one of the pioneers of the FI space as we know it today, and has been coined "The Godfather of FI". During this interview, we cover: If the Simple Path to Wealth still works in today's economy How to navigate a market downturn How to build your investment portfolio The power of compound interest Why fees can destroy your returns How to spend in alignment with your values The real reason we accumulate money And so much more. If you enjoyed this episode, check out the links below for more content, and don’t forget to share this podcast with a friend! Links From the Episode The Simple Path to Wealth JLCollinsNH.com The One Thing That Determines Your Success in the Market (blog post) The Wasting Asset Retirement Model (WARM - blog post) YouTube Interview https://youtu.be/hr7_ZfbKMno Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab the Ultimate FI Spreadsheet Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFiShow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts CodyDBerman.com (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today, we bring you our second episode covering Justin's six-month journey across Asia and Europe. Luckily, Justin loves documenting the numbers, so you'll get the most in-depth breakdown of expenses you could hope for. Listen in to see how he's living it up in paradise for $45/day. That number includes accommodation, restaurants, groceries, gyms, activities, government fees, random purchases...literally everything. Here's a high-level breakdown for Justin's half of the full Southeast Asia portion of his 6-month trip: Transportation: $582 Accommodation: $1,368 Activities: $1,543 Restaurants: $299 Groceries: $242 Gov Fees: $32 Misc: $42 Gym: $80 Some highlight activities include: 4-day/3-night island hopping tour Mount Batur sunrise jeep excursion 10-hour private driver tour So many beaches and waterfalls Three separate hour-plus massages Three additional days of boat tours in the Philippines 5 separate 1hr+ massages 2 cooking classes Gili Island Snorkeling 8-hour private Nusa Penida tour Ha Long Bay yacht Trang An river + Ninh Binh tour Bai Dinh temple complex 4-day Ha Giang motorcycle loop (Vietnam) Koh Lanta Island hopping 2-day Elephant Nature Park stay 12-hour Chiang Rai temple tour and more... Want all the data? Check out Justin's detailed spreadsheet We hope you enjoyed this in-depth check-in and look forward to periodically bringing you these over the next few months. If you found value in the episode, please share it with a friend! Links from The Episode Traveling the World for $46/day $2,052 for 5 Weeks in Southeast Asia (Justin's 1-Month Recap) Justin's Detailed Trip Expenses Justin's Substack (to follow along with his travels) YouTube Interview https://youtu.be/HPzIkEmhkTA Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab the Ultimate FI Spreadsheet Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts CodyDBerman.com (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Entrepreneurship doesn't have to be sexy. In today's episode, Nick Huber, author of The Sweaty Startup, talks about how to get rich doing boring things. Instead of building the next AI tool, how about a painting business? Or landscaping? Or HVAC? Or one of the hundreds of services that everyday people need? Topics covered include: Finding your next business idea Why Shark Tank is a lie The easiest way to tell if an idea will work Getting your first customers When to "legitimize" your business Marketing strategies that actually work When to start scaling and branching out and more! This episode covers a lot, so get ready to take some notes. If you enjoyed this episode, check out the links below for more content, and don’t forget to share this podcast with a friend! Links From the Episode The Sweaty Startup (Nick's Book) Nick’s Twitter Nick’s Instagram Nick's last appearance on The FI Show (episode 228) Nick's businesses: Personal Brand – https://sweatystartup.com/ Self Storage – https://boltstorage.com/ Overseas Staffing – https://supportshepherd.com/ Cost Segregation – https://recostseg.com/ Insurance – https://titanrisk.com/ Business Brokerage – https://nickhuber.com/ Recruiting – https://recruitjet.com/ Landing Page / Web Development – https://webrun.com/ Debt and Equity – https://bluekeycapital.com/ Tax Credit – https://taxcredithunter.com/ Performance Marketing – https://adrhino.com/ Pest control – https://spidexx.com/ YouTube Interview https://youtu.be/OMffZ-Xuikk Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab the Ultimate FI Spreadsheet Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFiShow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts CodyDBerman.com (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Grant Sabatier, the bestselling author of Financial Freedom, returns to the show for the third time to talk all about entrepreneurship. Inside the episode we cover: How to come up with business ideas What makes a successful entrepreneur Why 9/10 small businesses fail Grant's perfect business formula Growing, scaling, and marketing a business The biggest mistakes made by entrepreneurs Following your passion vs. following the money and so much more. Grant's latest book, Inner Entrepreneur, is a fantastic resource for anyone looking to advance in business. If you found value in the episode, please share it with a friend! Links from The Episode Inner Entrepreneur GrantSabatier.com Grant's Community Grant's Instagram Grant's First Appearance on The FI Show YouTube Interview https://youtu.be/dw5pxLC7CYQ Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab the Ultimate FI Spreadsheet Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts CodyDBerman.com (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today we bring you our first episode since Justin hit the road on his six-month journey across Asia and Europe. Luckily, Justin loves documenting the numbers so you'll get the most in-depth breakdown of expenses you could hope for. Listen in to see how he's living it up in paradise for $55/day. That number includes accommodation, restaurants, groceries, gyms, activities, government fees, random purchases...literally everything. Here's a high-level breakdown for Justin's half of the first 37 days expenses: Transportation: $305 Accommodation: $590 Activities: $838 Restaurants: $134 Groceries: $82 Gov Fees: $32 Misc: $20 Gym: $51 That's only $2k for 37 days! Some highlight activities include: 4 day/3 night island hopping tour Mount Batur sunrise jeep excursion 10-hour private driver tour So many beaches and waterfalls Three separate hour-plus massages Three additional days of boat tours in the Phillippines and more Want all the data? Check out Justin's detailed spreadsheet We hope you enjoyed this in-depth check-in and look forward to periodically bringing you these over the next few months. If you found value in the episode, please share it with a friend! Links from The Episode Traveling the World for $46/day Justin's Detailed Trip Expenses Justin's Substack (to follow along with his travels) YouTube Interview https://youtu.be/39w8PfTLmcg Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab the Ultimate FI Spreadsheet Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts CodyDBerman.com (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Dustin Heiner returns to the show after a long 5 years to share what he's been up to since his last appearance (a lot!). We discuss His recent 355-unit apartment building and multiple hotel acquisitions How he's built a podcasting network His fast-growing real estate conference His daily and weekly routine and how he balances work and life What it really takes to build passive income And so much more. Dustin's goal is to help 1,000,000 people start investing in real estate, and he's already made huge progress. If you enjoyed this episode, please share it with a friend! Links from The Episode REWBCon (Use code "Cody" for 10% off) Dustin's Free Real Estate Investing Course Dustin's Instagram Dustin's YouTube Master Passive Income Dustin's First Appearance on The FI Show YouTube Interview https://youtu.be/5ok7JGOhVwE Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab the Ultimate FI Spreadsheet Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts CodyDBerman.com (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today we bring you our goals for 2025 along with some upcoming changes to the podcast. Every year, we like to map out some of our goals and what we aim to accomplish. We break these down into the following categories: Money/Finance Fitness Family/Relationship Other Some examples of Cody's goals include: Doubling down on what works for business and finance Completing an Ironman Cutting out bad relationships and doubling down on good ones Completing the build for his "forever" home Some of Justin's Goals include: Running a sub-22-min 5k and completing a half-marathon Simplifying the investment account sprawl Coming away from his trip with a short list of slow travel locations Writing more In the episode, you'll get the full breakdown of all the goals and why some of these are the focus for 2025. We hope you enjoyed this goal-setting episode and are inspired to make some big moves in 2025. If you found value in the episode, please share it with a friend! Links from The Episode Traveling the World for $46/day 2023 Recap and 2024 Goals Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab the Ultimate FI Spreadsheet Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts CodyDBerman.com (Cody’s Blog) Saving-Sherpa (Justin’s blog)

Today we bring you a Christmas special of sorts. The 12 money lessons as a play on the 12 days of Christmas. These are some of the most foundational takeaways we've realized during our financial journey. We truly believe if you master these lessons, you'll have a clear path to hitting your money goals. 12 Money Lessons We Cover: Retirement is a number, not an age 4% rule or cash flow method Your first investment should be in yourself $10K toward self-betterment will likely go a lot further than it will in the S&P or RE at the beginning of your journey Compound interest is insane  Investing $500 a month from 25 - 45 and then stopping will give you ~$1M in retirement at 65. Investing $1,000 a month from 45-65 will give you only $500,000. Start Early. The 80/20 of spending Focusing on the “big 3” (housing, transportation, food) will do way more for you than penny-pinching in other categories There’s no “right way” to reach financial independence If someone tells you the X is the only way, they’re lying or trying to sell you something. Can be done via index funds, RE, corporate job, digital products, etc. Action > Information You will learn way more by actually doing the thing, than reading books, listening to podcasts, or watching YouTube videos about it. Now is not a bad time to start Almost anytime you look back 4 years at investing you’ll wish you would have bought even more which is just a sure sign that if you feel like you need to wait to invest, you’re probably wrong Do the experience You’ll probably never regret the money spent on a memorable activity with friends and family It’s not about the money Yes, you’ll need to focus on money for a while and build up a nest egg but it the end the money is just a tool to give you the freedom to focus on the things you really care about, it’s not about lavishness or material obsession. Saving up a ton of money doesn’t make you a greedy person Don’t make a plan, make a contract Investing will have turbulence and that’s when people are most likely to make bad decisions. This happens when we let our emotions get involved. Instead of making a general plan, make some hard contractual-type promises with yourself so that when times get tough, you don’t even consider making rash decisions You’ll adjust to anything This can be an advantage or disadvantage. The advantage is that you can live a lifestyle very different to others and find that you can still reach a very high level of happiness. The disadvantage comes when we have lifestyle inflation and our spending keeps increasing but the novelty wears off and we don’t feel any different but our spending has increased dramatically You can’t know where to go,  if you don’t know where you are Getting an accurate state of your finances and spending is critical. You don’t have to fixate on creating a budget right away but definitely track your spending with extreme accuracy for a few months so you have real data to work with It’s not about how much you make, it’s about how much you keep (there are people making $200k living paycheck to paycheck, and people making $50k saving 50%) Be informed I try not to tell people what they can and can’t spend money on, just do the math to understand what the decision you’re making now means for your future self. Get comfortable with some basic spreadsheet math and project out things, compare options, just take a pause and do some calculations We hope you enjoyed this special episode and these lessons for your financial journey. If you found value in the episode, please share it with a friend! Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!