Lacking Ambition – Three Months After Financial Independence

Financial Independence Podcast

English - June 03, 2013 12:05 - 42 minutes - 49.1 MB - ★★★★★ - 1.6K ratings
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Previous Episode: Afford Anything – Dive Into Real Estate Investing

Next Episode: Retire Early Lifestyle – Perpetual Travel

Mike from LackingAmbition.com joined me for an episode of the Financial Independence Podcast to discuss how he achieved FI in just over 3 years!

After working for just over three years, Mike was able to amass enough savings to purchase (with cash) three single-family houses. By living in one of the houses and renting out the other two, he now has enough rental income to completely cover his living expenses.

During the interview, Mike discusses how he was able to buy three properties, each for under $25,000, in a region that is typically considered to be an expensive market (New England).

In addition to real estate investing, I also talk to him about his time living in a tent in the New Mexico desert, discuss how he too was able to obtain a free Ivy League degree while working full time, and find out what life is like three months after achieving financial independence.

To read the full article, visit http://www.madfientist.com/lacking-ambition-interview/