{"id":7181,"date":"2021-05-06T00:00:00","date_gmt":"2021-05-06T07:00:00","guid":{"rendered":"https:\/\/www.biggerpockets.com\/blog\/?p=137926"},"modified":"2021-05-06T00:00:00","modified_gmt":"2021-05-06T07:00:00","slug":"biggerpockets-podcast-466-buying-lottery-ticket-investment-properties-with-alan-corey","status":"publish","type":"post","link":"https:\/\/www.jerrybice.com\/wordpress\/biggerpockets-podcast-466-buying-lottery-ticket-investment-properties-with-alan-corey\/","title":{"rendered":"BiggerPockets Podcast 466: Buying \u00e2\u20ac\u0153Lottery Ticket\u00e2\u20ac\u009d Investment Properties with Alan Corey"},"content":{"rendered":"<p>Alan Corey has had an interesting career to say the least. He\u00e2\u20ac\u2122s been an IT worker, a comedian, an author, a real estate investor, and even a reality TV star. Alan has always been fascinated with making passive income in a frugal, but very intelligent way. He\u00e2\u20ac\u2122s so frugal in fact, that he made up a crazy story to be on the Jerry Springer show, just to get a free trip to Chicago out of it. Talk about being committed!<\/p>\n<p>Alan\u00e2\u20ac\u2122s real estate story starts off with buying a 1 bedroom apartment in Brooklyn, New York, hanging up a curtain in the living room, and house hacking. He then repeated this strategy over and over again, becoming a millionaire before 30 years old, with a lot of property and \u00e2\u20ac\u0153good debt\u00e2\u20ac\u009d. Alan is part of the FIRE (financial independence retire early) community, but instead of investing mainly in stocks, he does so in real estate.<\/p>\n<p>His strategy is simple: buy a rental property for every bill you have, then start inventing \u00e2\u20ac\u0153fun bills\u00e2\u20ac\u009d as excuses to buy more rental property. Whether you\u00e2\u20ac\u2122re looking to pay off your phone bill every month, or finance your brand new Tesla, this strategy will work for you. Alan also \u00e2\u20ac\u0153hides money from himself\u00e2\u20ac\u009d so he can be better off in the future. Right now he\u00e2\u20ac\u2122s sitting on around $8,000,000 of real estate solely from his own investments.<\/p>\n<p>His new book House FIRE teaches you everything you need to know about retiring early with real estate!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alan Corey has had an interesting career to say the least. He\u00e2\u20ac\u2122s been an IT worker, a comedian, an author, a real estate investor, and even a reality TV star. Alan has always been fascinated with making passive income in a frugal, but very intelligent w&#8230;<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[2301],"tags":[],"_links":{"self":[{"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/posts\/7181"}],"collection":[{"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/comments?post=7181"}],"version-history":[{"count":2,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/posts\/7181\/revisions"}],"predecessor-version":[{"id":7182,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/posts\/7181\/revisions\/7182"}],"wp:attachment":[{"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/media?parent=7181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/categories?post=7181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/tags?post=7181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}