MB 232: Turbocharge Your F.I.R.E. Journey with Real Estate – With Rajneesh Jha

<p>The F.I.R.E. movement challenges us to achieve financial independence and retire early by saving and investing aggressively. And by aggressively, I mean anywhere between 50% and 70% of your income. Rajneesh Jha was following the F.I.R.E. method, putting his money in Wall Street investments—until he realized he could fast-track his timeline with multifamily real estate!</p> <p>Raj spent 20 years working as an engineer for Fortune 500 companies. An avid student of the stock market and personal finance, he started investing in safe, low-cost mutual funds with the goal of achieving financial freedom in about 10 years. Then he discovered real estate and shifted his strategy, building a portfolio of small multifamily properties. Earlier this year, he quit his 9-to-5 to build <a href="http://bigleague-capital.com/" target="_blank" rel="noopener">Big League Capital</a>, a multifamily syndication firm that helps other investors turbocharge their journey with real estate.</p> <p>On this episode of Apartment Building Investing, Raj joins me to explain how shifting from F.I.R.E. to multifamily accelerated his journey to financial freedom. He offers his take on the stock market as an investment class, describing how the returns pale in comparison to real estate. Listen in for insight around transitioning from landlording to syndication and find out how Raj’s life has changed since he quit his corporate job!</p> <h3>Key Takeaways</h3> <p>How Raj’s journey to financial freedom began</p> <ul> <li>Stumbled on F.I.R.E. movement 7 years ago</li> <li>Invest in low-cost, diversified mutual funds</li> </ul> <p>What the F.I.R.E. method teaches</p> <ul> <li>Save substantial amount of income (up to 70%)</li> <li>Save more, arrive at financial nirvana faster</li> </ul> <p>How Raj was able to save a lot of money with F.I.R.E.</p> <ul> <li>No drastic changes to lifestyle</li> <li>More conscious + intentional about spending</li> </ul> <p>What Raj was trying to accomplish through F.I.R.E.</p> <ul> <li>Protect family from vagaries of corpor