Financially Free by 29 with Kellan James

<p>Find out how he got to live in a house with no mortgage expense and earning passive income at the same time, discover how Kellan was able to leave his day job, take a 3-month tour of 30 states in the US and build a 32-unit portfolio all in 2 and a half years’ time, and know more about his strategy for finding really good property deals.</p> <p> </p> <p>Resources/Links</p> <ul><li><a href='https://www.kellanjames.ca/'>KellanJames.ca</a></li> </ul> <p>Summary:</p> <p>Kellan James started by house-hacking, and in just over 2 years, he built a solely-owned, multi-million-dollar portfolio consisting of 10 properties and 32 units.  What’s worth noting is he did it all with no JV partners and was able to reach financial independence at the age of 29 while still working a full-time job!</p> <p>Kellan has built a large and growing following on his Instagram account and YouTube channel where he documents his life and real estate investing journey on a daily basis – the struggles, successes, and learning experiences along the way.</p> <p>In this episode, find out how Kellan was able to give up his day job and truly experience financial freedom so quickly. </p> <p>Topics Covered: </p> <p>01:24 – What is house-hacking and how he got into that </p> <p>02:06 – What he did with his first house hacking </p> <p>04:08 – What sparked his interest in real estate </p> <p>05:54 – Getting into the BRRRR strategy </p> <p>07:13 – Mistakes people make the first time they invest in real estate </p> <p>11:38 – Sharing his long-term perspective on his investment strategy </p> <p>12:51 – Tips for finding good deals </p> <p>15:09 – What his portfolio looks like now </p> <p>Key Takeaways: </p> <p>“In house hacking and in a perfect world when all is said and done the rental income from the other units is enough to pay for your mortgage, property taxes, insurance, and utilities. And you’re able to live for free in that property.” – Kellan James </p> <p>“I recommend people for their first deals, the f