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If you’ve been listening to this show for a while, you’ve no doubt heard me yammer on about my family’s interest in buy-and-hold real estate. We’re still shooting for our first rental property by December (if our savings can continue to build up)!
To help inspire me and all of you real estate dreamers out there, I’ve invited Joel Larsgaard on the show today.
His passion for real estate has allowed him to design a family life that allows his wife to stay at home with his two young daughters. Furthermore, his investments give him the freedom to have a day job that he loves (even if it doesn’t pay him top dollar).
What are we covering?
Joel and I discuss:
- Why he was motivated to buy his first property
- How he purchased it and his philosophy on borrowing
- When and how his wife made the transition to being a Stay-at-Home Mom (SAHM)
If you’re thinking about buying your first property or exploring how to use passive income to eliminate your need to have two working parents, this episode is for you. I’m still learning quite a bit about real estate. Let’s learn together!
CLICK THE PLAY BUTTON ABOVE OR LISTEN ON:
About Our Guest: Joel Larsgaard
Joel started the Pour Not Poor podcast with his best buddy Matt to help folks save money for the future while living a rich life now. The Pour Not Poor podcast focuses on making money topics easy to understand while drinking a tasty craft beer at the same time.
Joel has worked in the money media space for over a decade as a producer on the nationally syndicated Clark Howard Show. He lives in the Atlanta with his awesome wife and two daughters. His favorite hobbies are riding bikes, disc golf, and nerdy board games.
Money Master of the Week
Bryan from Michigan recently downsized his home to become mortgage free!
After realizing he was spending 96% of his income on fixed monthly obligations, Bryan made the choice to ditch his $300,000 home with a well-manicured lawn and downsize to a $33,000 place to become mortgage free, stress-free and take control of his finances.
This major shift in priorities now allows Bryan to save around $30,000 per year in his retirement accounts! $30k!
If you want to learn more about Bryan and follow his retirement savings growth, check him out at Bucks and Cents.
Bryan from Michigan is our Money Master of the Week!
- First name
- Your recent big win
- How you did it
- Your financial plans for the future
Your story will inspire others to save more, make more and plan for their family’s future.
SHOW SPONSOR: CREDIT SESAME
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Joel Larsgaard’S RESOURCES
Website & Podcast: PourNotPoor.com
Employer: Clark Howard Show
Tenant Screening Tool: My Smart Move
Recommended Podcast: Bigger Pockets
Recommended Book: Beyond Wealth by Alexander Green
MKM PODCAST RESOURCES
Young Family Wealth Playbook (FREE): 7-Steps to Solidifying Your Family’s Future Wealth
Support this Show
If you enjoyed this podcast episode, here are some excellent ways to support the show:
- Leave a review for the show on Apple Podcasts or Stitcher
- Leave a comment below
- Check out my Recommended Resources Page
- Subscribe to the show on Apple Podcasts, YouTube, Spotify, Google Podcasts or Stitcher
- Join our Thriving Families Facebook Community – learn and help other families grow their wealth
I truly appreciate the support everyone!
I’d love to hear from you!
If you’d like your question featured on the show, reach out and let me know. It would be my honor to support you in your journey toward financial freedom.
Carpe Diem Quote
“Buy land. They’re not making it anymore.”
– Mark Twain
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