Finding financial freedom is hard enough, but doing so right after going through a toxic divorce can seem almost impossible. All of a sudden, you’ve gone from a two-income household to just one, your children are now your sole responsibility, and you’ve got to almost financially start over. Finding financial independence after events like this would be awe-inspiring—so imagine you did it all in just two years. Sarah King did just that, with thirteen units under her belt since buying her house hack property in 2020.

Sarah worked hard to put herself in a strong financial position. She was a debt-free disciple who paid off six figures in debt. Then, she focused on her savings, minimizing her expenses and increasing her income as much as she possibly could. But then, when everything started to feel stable, she uncovered something that would unravel her marriage. She went from financially stable to undoubtedly anxious in a matter of days. But it’s what she did next that was incredible.

Knowing she had to do whatever she could to take care of her daughter, Sarah went on rental property shopping spree. She built the portfolio she knew her family needed, and now just two years later, she’s enjoying the fruits of her non-stop labor. But how did she get the money for the deals? What strategy allowed her to cash flow so much in such a short amount of time? If you want to do what Sarah did, you’ll have to tune into this episode.

In This Episode We Cover:

How to achieve financial independence through real estate in less time than you think

House hacking and why it’s arguably the best way to start investing

Why being scared of debt is a downside when trying to build a rental property portfolio

The medium-term rental strategy and using it to get better cash flow on smaller units

Private money lending and how to raise private capital from those who know and trust you

Hiring, outsourcing, delegating, and how to free up much more time in your life

The phenomenal funnels that will bring you the best tenants, deals, and more money!

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Rob's BiggerPockets Profile

Divorced and $250K in Debt to Financially Free in 10 Years

Books Mentioned in the Show

Set for Life by Scott Trench

30-Day Stay by Sarah Weaver & Zeona McIntyre

Raising Private Capital by Matt Faircloth

Simple Path to Wealth by JL Collins

Rich Dad Poor Dad by Robert Kiyosaki

Connect with Sarah:

Sarah's Instagram

Sarah's Website

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-698

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

Learn more about your ad choices. Visit megaphone.fm/adchoices

698: From Toxic-Marriage to Financially Independent Mom with 13 Units w/Sarah King 01:12:19 Share

BiggerPockets Real Estate Podcast

Shownotes Transcript

PodQuest PodQuest Podcast Discovery Engine tailors playlist for your curiosity

698: From Toxic-Marriage to Financially Independent Mom with 13 Units w/Sarah King