December 14, 2020
Money, Love, and Freedom
Host: Coach George Wang
Ep 048 - Playing With F.I.R.E.
Financial Independence, Retire Early
Financial Independence, Retire Early--that’s the dream, right? It’s also a movement, one that this week’s guest lives by.
Ironically, Max Lee already achieved the FIRE dream a few years before even hearing about the movement. He didn’t start off with a silver spoon in his mouth, either. Based in Florida, he might have been content to spend his days continuing to ply his musician trade. His wife, however, encouraged him to open a real estate investment firm together.
He agreed, collecting rental properties and doing some fix n’ flips. Now they’ve built up enough passive income to take care of the mortgage and food while each following their individual passions (and for Max, that still includes music).
This is the power of FIRE! But what does FIRE actually mean, and what does it look like in his life? Here’s the story of a musician who achieved financial success in a completely unrelated field within three years.
Max Lee is a real estate investor, urbanist, and musician from Jacksonville, Florida. Along with his wife, he co-founded U.S.-based firm Glocal Network, sourcing and syndicating over 50 real estate deals. His successes include a seller-financed retail property with cash flow positivity on the first day. He has long had a passion for cities and urban planning and has the honor of being a Next City Vanguard Scholar.
How Max and his wife live the FIRE life differently than others
The other equally important concept behind FIRE that isn’t mentioned as much
The recent shift in focus in the FIRE movement
The fortunate circumstances surrounding Max’s start in real estate investment
Max’s advice on how others can also do it successfully
Challenges, pitfalls, and growing pains Max faced coming into real estate
Coach George Wang
George is a certified NLP Master Practitioner, Life, and Business coach. He helps young entrepreneurs and professionals develop the skills to grow their businesses and relationships to live a life of total abundance.
About the show
The Money, Love, & Freedom podcast is a show for young professionals, entrepreneurs, and hustlers who want the most out of life – Money, Love, and Freedom. Listen for weekly interviews, strategies, and tips to help you grow your finances, grow your business, develop amazing relationships, and create your life of freedom. Coach George Wang, a business and life coach dedicated to serving, is your coach and guide as you explore and discover your path to freedom, on your terms. Subscribe Now