In today's episode of "One Rental at a Time," I sit down with Austin Thorne to explore the concept of financial peace versus financial gain. Austin shares his journey from being a professional basketball player to buying rentals for cash and building a financially secure future without leveraging debt. We discuss his disciplined financial habits, his investing strategy, and the benefits of owning properties outright. Tune in to learn from Austin's unique approach and get inspired to take control of your financial future.
[00:00] - Introduction to Austin Thorne and the episode's topics.
[00:30] - Austin's background as a professional basketball player and his transition to financial literacy.
[02:00] - The importance of tracking income and expenses from an early stage.
[04:20] - Starting a business and focusing on financial education during the pandemic.
[07:00] - The decision to buy rentals with cash and the rationale behind it.
[09:00] - Austin's first real estate investment and the lessons learned.
[12:00] - The benefits of living below your means and saving for investments.
[14:00] - Austin's approach to finding and managing rental properties.
[18:00] - Expanding investments internationally and maintaining financial discipline.
[22:00] - The significance of having a financial education and mentoring others.
Thank you for tuning into today's episode of "One Rental at a Time." If you enjoyed the discussion, please subscribe on Apple Podcasts, Spotify, or your favorite platform, and leave us a review. Share this podcast with friends and family who might benefit from these real estate investing insights. Follow us on social media for more updates and exclusive content. Keep taking action, and remember, it's all about doing the work. Happy investing!
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