Retire Early with Rentals: How Scott Ditched His Day Job in 5 Years
Join us for a frank discussion of how to reach FIRE (financial independence/retiring early) using real estate, and bring your questions!
Property Manager, Real Estate Agent, Landlord, Mom
G. Brian Davis
Real Estate Investor, Landlord, Personal Finance Writer, Digital Nomad
We’re chatting with special guest Scott Hoefler about exactly how he reached financial independence within 5 years.
We’re Obsessed with Passive Income & FIRE (Financial Independence, Retiring Early).
Want to join us?
On Tuesday April 30 we’re bringing on Scott Hoefler, who retired at 30 with rentals. Reserve a seat to learn exactly how he did it!
Specifically, we’ll go over:
- The Exponential Power of “Less”: The math behind extreme savings rates, “leanFIRE,” and reaching it with rental income.
- Using Leverage for Speed: How to accelerate your results using other people’s money, and the math behind leverage for FIRE.
- Predictability: Why rental properties are the world’s most predictable investments, and how that helps you with FIRE.
- “Forever Income”: How rental income grows over time, rather than diminishing like equities do under a “safe withdrawal rate” strategy.
FIRE from Real Estate Case Studies:
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Who Is Spark Rental?
Spark Rental was launched by two friends and former colleagues, Denise (Deni) Supplee and G. Brian Davis, who love passive income, and love helping other landlords and property managers to see more of it!
Deni became a landlord by necessity when, as a recently-single mom, she could no longer afford to pay for both rent and groceries for her four young girls. She rented out the master bedroom in her little rowhouse, and moved her bed into a walk-in closet in the hallway.
(Yeah, it was kinda like Harry Potter.)
But she ended up becoming close friends with her new housemate, and fell in love with being a landlord.
She went on to manage first vacation rentals, then long-term rentals, then a 200+ unit apartment complex. And she bought her own rental portfolio in the process.
Nothing makes her happier than spending time with her husband Jerry, five children, eight (and a half!) grandchildren, two dogs, her foreign exchange student “new son,” and her live-in mother.
Brian has wanted to retire since he graduated college and sat down at a cubicle for the first time. Unfortunately, he had no idea what he was doing when he went on his first rental property buying spree. A buying spree which he undertook from 2006-2008 (which may have been the worst three-year stretch to buy real estate since, well, forever).
But all those expensive mistakes came with some hard-won, first-hand lessons. He’s since become a nationally recognized rental industry expert. He’s been interviewed by dozens of media outlets ranging from U.S. News & World Report to Realtor.com to Time Money and countless others.
Why did he start this business? Besides helping other rental investors avoid all the mistakes he’s made, Brian lives for traveling. His current base camp is Abu Dhabi, but he hails from Baltimore originally and nostalgizes frequently about his Fells Point townhouse and kooky family and friends.
SparkRental originally launched as a free educational resource, but now provides automated rent collection, editable lease agreements, free tenant screening reports (for the landlord), a free rental application and premium online courses for landlords. We have some incredible innovations our genius tech team is building out, that we are 100% positive will disrupt and revolutionize the rental industry. Stay in touch, join our mailing list, connect with us on social media, and we promise to keep you informed and entertained!