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Episode #540 Reaching financial independence and becoming a millionaire before the age of thirty?! While this path requires several years of ruthless saving, smart investing, and unwavering discipline, there’s no reason why YOU can’t enjoy financial freedom and attain the lifestyle you want! Shortly after graduating from college with over $50,000 in student loans, Franklin Zheng found himself working a grueling, eighty-hour-per-week factory job. Fortunately, it was also around this time that he discovered BiggerPockets and decided to try his hand at real estate investing. He started attending local meetups, where he learned that simply getting in the same room with other investors presented all kinds of opportunities. It wasn’t long before Franklin had found his future investing partner, and in just FIVE years, he has built a cash-flowing real estate portfolio of thirty-eight units, as well as a business that has allowed him to leave his W2 job and travel the world! In this episode of the “BiggerPockets Money” podcast, you’ll get a glimpse of what it takes to achieve financial independence and amass a one-million-dollar net worth. Make no mistake—it’s not easy. Franklin will be the first to tell you that the last five years have been filled with all kinds of successes, challenges, and failures. But if he can do it, YOU can, too! Show Notes at: https://link.chtbl.com/Money ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?... ~~~~ Join the BiggerPockets Money Facebook Group: / bpmoney ~~~~ Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch ~~~~ Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders ~~~~ Property Manager Finder: https://biggerpockets.com/findapm ~~~~ See Scott and Mindy at BPCON2024 in Cancun! https://www.biggerpockets.com/events?... ~~~~ Books Mentioned in This Episode: “The Book on Rental Property Investing”: https://store.biggerpockets.com/produ... “Long-Distance Real Estate Investing”: https://store.biggerpockets.com/produ... ~~~~ Check Out the Top 100 Cash Flow Markets: https://www.biggerpockets.com/resourc... ~~~~ Find a Local Real Estate Meetup: https://www.biggerpockets.com/meetups... ~~~~ Find Answers to Your Real Estate Questions on the BiggerPockets Forums: https://www.biggerpockets.com/forums?... ~~~~ Connect with Franklin on BiggerPockets: https://www.biggerpockets.com/users/f... ~~~~ Want to Be a Guest on the BiggerPockets Money Show? Apply Here: Guests: https://www.biggerpockets.com/guest?u... Finance Friday: https://www.biggerpockets.com/finance... ~~~~ Connect with Scott and Mindy: Scott: https://www.biggerpockets.com/users/s... Mindy: https://www.biggerpockets.com/users/m... 00:00 Intro 01:10 The 80-Hour Factory Job 08:17 Real Estate Meetups & Partnerships 16:48 Renting to Attorneys 19:32 Selling the Office Building 23:07 “Unicorn” Rentals & 38 Units! 29:14 Starting the Lending Business 32:47 Leaving His W2 & Traveling the World 36:27 Put in the Work!