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Short-Term Rentals on the Path to FI | Kelly Cronin | Ep 410

In this episode: finding mentors, the superpower of making less, traveling while making less, rental properties, and the one percent rule.

For some who begin the FI journey, it’s about doing all they can to reach that FI number, but for many people, the journey to FI is about the people you meet and learn from along the way! On this week’s episode, we are joined by longtime listener Kelly Cronin to discuss the importance of mentorship, her interesting take that gives a new meaning to traveling while working, and the importance of pursuing what drives you and leads to a life filled with intentionality. In Kelly’s case, a passion for travel lead to a fascinating side-hustle that affords her the opportunity to make money while seeing the world, who knows where a passion could end up leading you?

Kelly Cronin:

Timestamps:

  • 1:55 – Introduction
  • 3:11 – Kelly’s Early Financial Influence
  • 6:45 – Finding Mentors
  • 9:02 – The Superpower of Making Less
  • 15:26 – Traveling While Making Less
  • 21:09 – Rental Properties
  • 29:54 – The Mechanics of Acquiring Rental Properties
  • 34:23 – The 1% Rule
  • 41:32 – Running The Numbers
  • 46:50 – How Is Kelly Marketing This?
  • 55:46 – The FI Aspect, How Does This Intersect With Your Job?
  • 64:20 – Where Do You Go From Here?
  • 65:37 – Conclusion

Resources Mentioned In Today’s Episode:

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