Lean FIRE in 6 Years, Fat FIRE in 10 After Quitting With "No Plan"

11.1K viewsabout 2 years ago46m 19sScore: 82

BiggerPockets Money

Pricing & Profitability
intermediate
Tax Strategy
Profitability
Expenses
Multiple Properties
Investors

Summary

Andy Johnson shares his journey of quitting a high-powered finance job due to stress and building a real estate portfolio of 21 rental units in 10 months, focusing on financial planning and tax strategy to achieve financial independence. Key takeaways include the importance of long-term capital gains strategies, tax loss harvesting with Solo 401k, strategic real estate investment, and managing equity portfolios, while transitioning to lower-stress passive income sources.