On today’s show, Robert Leonard chats with Alan Corey about why he chose to approach FIRE using real estate instead of the stock market; how he deals with labels/ stereotypes of being “different” and “too cheap” and how he manages not to be bothered by them; his definition of “good debt” and how to use that to achieve one’s financial goals, and much, much more! Alan is an Atlanta-based realtor and real estate investor and author of the selling book "House FIRE" about achieving financial independence and retiring early through real estate. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 - Intro 0:03:39 - Why Alan chose to approach FIRE using real estate instead of the stock market 0:08:43 - Getting into real estate with no money 0:17:02 - Maintenance and Repairs 0:20:55 - What Alan means about thinking of each property one buys as a lottery ticket 0:22:06 - Alan’s definition of “good debt” and how to use that to achieve one’s financial goals 0:22:37 - Why Alan recommends a real estate philosophy where people should buy a rental property to cover each bill they have, and then investing “fun bills” as an excuse to buy more rentals 0:27:08 - Robert’s strategy of putting down the smallest amount of money possible 0:32:43 - How to balance the dynamic of financial perspective vs emotional standpoint from having debt 0:59:10 - Advice for a beginner podcast to grow an audience ✔️ Subscribe to the Real Estate 101 show: https://open.spotify.com/show/7dnn22EWyo6MLsPaR492BM 🖊️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/real-estate-101/don't-pay-off-your-debt ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ LISTEN 🎧 TO OTHER SHOWS FROM OUR NETWORK: ₿ If you're interested in Bitcoin, checkout our Bitcoin Fundamentals podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8wOLjjwNCM5B1qFdrtTdTZ 📚 Dive into value investing and learn more about billionaires with our We Study Billionaires podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F9dDPFYGAHRbrWoToCe2uoU 🏘 Learn the ins and outs of real estate investing with our Real Estate 101 podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8Yw_8xO2nk-RD7fhb3yktn 💸 Get introduced to the world of investing with our Millennial Investing podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F_p00VYv3psJ8rhDAGOvR5W ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ FOLLOW US ON SOCIAL MEDIA📱: 💻 Facebook: https://www.facebook.com/groups/theinvestorspodcast/ 👔 Linkedin: https://www.linkedin.com/company/the-investor's-podcast/ 🐦 Twitter: https://twitter.com/TIP_Network ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 📥 Download Stig & Preston's 1-page checklist for finding great stock picks: https://www.theinvestorspodcast.com/form-youtube-checklist/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.