239: Achieving Financial Freedom at Age 32 with Austin Fruechting

<p>Many people dream of achieving financial freedom, but how many actually get there? Today on&nbsp;<a href="https://www.biggerpockets.com/podcast" target="_blank">The BiggerPockets Podcast,</a>&nbsp;you’ll meet one man who did just that.&nbsp;<strong>Austin Fruechting</strong>&nbsp;began buying rental properties less than 10 years ago, but by&nbsp;the age of 32 was able to retire on the cash flow coming in. </p><p>You’ll learn just how he was able to do this by reverse engineering&nbsp;success, buying rental properties in bulk, and using the&nbsp;<a href="https://www.biggerpockets.com/renewsblog/2015/04/20/how-to-100000-dollars-year-real-estate/" target="_blank">BRRRR strategy</a>&nbsp;to minimize the cash he needed to buy his properties. Whether you are looking to achieve financial freedom at 32, 52, or 72, this podcast is one you don’t want to miss!</p><p>In This Episode We Cover:</p><ul><li>How Austin got started&nbsp;<strong>in just 9 months&nbsp;</strong></li><li>The details of his&nbsp;<strong>first deal</strong></li><li>Tips for accessing&nbsp;<strong>lines of credit</strong>&nbsp;as a newbie</li><li>What you should know about&nbsp;<strong>unsecured</strong>&nbsp;lines of credit</li><li>How he&nbsp;<strong>finds</strong>&nbsp;the deals</li><li>Why he doesn’t invest in&nbsp;<strong>turnkey properties</strong></li><li>How to<strong>&nbsp;map out</strong>&nbsp;the passive income financial freedom involves</li><li>What it’s like to achieve&nbsp;<strong>financial freedom at 32</strong></li><li>What exactly a&nbsp;<strong>long-term buy and hold</strong>&nbsp;is</li><li>How to find a good&nbsp;<strong>property manager</strong></li><li>The&nbsp;<strong>best deal</strong>&nbsp;Austin’s ever done</li><li><strong>And SO much more!</strong></li></ul><p>Links from the Show</p><ul><li><a href="http://biggerpockets.com/forums" target="_blank">BiggerPockets Forums</a></li><li><a href="http://www.slowhustle.com/category/podcast/" target="_blank">Slow Hustle Podcast</a></li></ul><p>Books Mentioned in this Show</p>