Podcast appearances and mentions of sunny burns

When we're young and have money it's easy to spend all our money on things that might not help us out in the future. Sunny Burns of Famvestor.com and I chat this week on how saving now and making hard decisions when you're young can benefit you extremely when you're older. We go over addictions, homeschooling, and living frugally in a world that tries to draw us away from the importance of family. 

When we're young and have money it's easy to spend all our money on things that might not help us out in the future. Sunny Burns of Famvestor.com and I chat this week on how saving now and making hard decisions when you're young can benefit you extremely when you're older. We go over addictions, homeschooling, and living frugally in a world that tries to draw us away from the importance of family.

Sunny Burns shares his journey in breaking free from pornography. He has been porn-free for the last 10+ years, and shares his strategies and mindset to finally breakfree after so many failed attempts. Links: https://famvestor.com/086 https://www.famvestor.com/straightedge/ https://www.highnoon.org/ https://easypeasymethod.org/ https://www.conqueredself.com/

Today on the podcast, Sunny Burns shares his story. How he grew up, why he does the podcast, and the things that make him tick. Sunny's Bio: https://www.famvestor.com/resources Shownotes: https://www.famvestor.com/081

Winter is over, spring is here, and Brad and Jonathan have hosted their fifth live event on Stereo! With the new season and sense of hope, people are beginning to think more about traveling and travel rewards points. Start thinking about a trip you want to take and join us on Stereo next week for a live group travel rewards coaching call with Brad. The focus of this episode is college. How can you do college for less or do you even need to go to college at all? After more than 400 episodes, optimization tactics related to college have popped up frequently. What has changed for 2021, what are the best practices, and what should you be thinking about? In the FI community, we take a step back, see the world for what it truly is, and look at a problem a little bit differently. Society tells us that college is on the path to success, but knowing what we know now, there may be another way or a way to improve the ROI of going to college. Back a generation or so ago, it wasn’t uncommon for a college student to be the first in their family to attend college. College was seen as a way to make it into the middle class. It may have been true then, can still be true in some ways today, but the difference is the cost of college has risen dramatically while the earning potential did not rise at the same rate. We have to be looking at college through the lens of ROI and understand what we are trying to get out of it. College signals that you can follow the rules, but an undergraduate degree doesn’t necessarily mean you have skills or mastery over something and it’s skills that matter today. No one can afford to go to college for one hundred thousand dollars and come out earning $50,000. It will create financial chaos for a decade or more of your life. Most people’s incentives to go to college fall into one or more of these three areas: wanting to have the college experience, access to higher-income jobs, or a love of learning. The college experience was not high on Jonathan’s list of priorities, nor was attending a prestigious university, so he did two years of community college before transferring to Virginia Tech. Brad’s goal for college was to get a job upon graduation. Though he was accepted to Ivy League schools, he chose not to go to them as they were too expensive and opted for the University of Richmond instead. If having the college experience or getting into the right school are top priorities for you, listen to ChooseFI episodes 114 and 154 to learn more about how to discount the cost of college using test scores and the FAFSA. In episode 083, Cody Berman talked about how he approached applying for scholarships as if it was a part-time job and thought about it systematically. Rob, from The Simple StartUp, called in to say that his parents used geo-arbitrage and moved back to Ireland so that Rob and his siblings could go to college for much less. For graduate school, Rob coached women’s soccer in a graduate assistantship so that he was able to get his Master’s for free and earn a stipend. In episode 138, Anthony Gary discussed how he hacking his college room and board costs by becoming a Resident Assistant. Other past guests have talked about utilizing niche scholarships, like ones for golf caddies. One listener left a voicemail asking how to incentivized kids to apply for scholarships. Jonathan would like to try and gamify it for the kids and Brad believes that there are a lot of merit scholarships available if which college your child attends isn’t concerned with attending the most prestigious schools. He and Laura have made it clear with their daughters that they don’t care about prestige when it comes to college. Choosing where to go to college may mean saddling yourself with student loan debt for decades. We are having 17-year-olds make these decisions that can negatively affect their lives for decades without thought or counsel. Jonathan suggests slowing down and providing kids with a better option. In 202, the average cost of college was $110-120,000 and the average annual income for a graduate was $50,000. It’s a lot of debt for a young adult to get out from under. A little bit of optimization can make it so much easier. If looking to improve test scores, considering investing and paying the fee for test preparation services from companies like Edison Prep. Chase called in to talk about the ROI of college in the military. He is in the National guard and gets reimbursed from both the military and his employer for going to school. When you chose to put the time in to serve our country, it’s possible to optimize the compensation package and never have to work again. Options to pay for college and serve include ROTC and the US military service academies. Marjorie called in about geo-arbitraging college. She attended college in Puerto Rico for a fraction of the cost in the US mainland. Many states have a guaranteed admissions program where you can attend community college for two years and then are guaranteed acceptance to a four-year-school, saving two years of higher-priced tuition, but make sure you know what credits will transfer over to the university. How can you test out a college? In addition to getting college credit for AP courses, dual enrollment while in high school can be an option. CLEP testing is a little-known secret as discussed in episode 238 with Millionaire Educator. Another listener called in to mention Scholarship For Service, where you can get tuition and fees paid along with a $25,000 academic stipend with a requirement to later work for a federal agency. This program is similar to the Department of Defense Smart scholarship mentioned by Sunny Burns in episode 139. If your desire to go to college is for the love of learning, do you really need to go to college? Jonathan says that they have proven there is a replicable path to earning six figures a year without going to college. The son of ChooseFI’s CEO, Edmund Tee, is earning his associate’s degree while in high school thanks to dual enrollment then plans on taking a gap year to pursue Salesforce through Talent Stacker. Resources Mentioned In Today’s Conversation Inspire your 10-18-year-old with the free download 102 Business Ideas for Young Entrepreneurs.  Learn why the Chase Sapphire Preferred is one of our favorite travel rewards cards. ChooseFI Episode 114 Demystify College Scholarships | Brian Eufinger | Edison Prep (Start at [4:00]) ChooseFI Episode 154 Hacking the FAFSA | Brian Eufinger Seonwoo Lee (Start at [4:05]) Edison Prep ChooseFI Episode 083 A Second Generation FI Case Study | Cody Berman | FlytoFI (Start at [15:00]) ChooseFI Episode 138 How to Get Paid to Go to College with Anthony Gary (Start at [12:50]) Colleges and Universities That Award Merit Aid ChooseFI Episode 095 A Military Path to FI | Military Dollar (Start at [40:00]) ChooseFI 238 How to Test Out of College While You’re Still in High School | Millionaire Educator Modern States Sophia.org Scholarship For Service ChooseFI Episode 139 Reaching FI With Real Estate With Sunny Burns (Start at [5:35]) DoD Smart Scholarship ChooseFI.com/Salesforce Visit ChooseFI’s college resource article: Should You Go to College in 2021? Ditch the spreadsheets and upgrade to NetSuite. If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI’s 3-card credit card strategy.  Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence.      

In this excerpt from our incredible interview with Sunmarie and Sunny Burns of Famvester we talk about raising our children and leading by example. For the complete interview go to: https://youtu.be/SmTP_cbn-t8 Thank you so much for listening! WE ARE SO GRATEFUL!!!! Our Sponsor: Multifamily Foundation If you are serious about learning how to buy apartment buildings then don't wait, go to www.multifamilyfoundation.com and let us help you build your foundation. #multifamilyfoundation #75hard #famvestor See acast.com/privacy for privacy and opt-out information.

In this excerpt from our incredible interview with Sunmarie and Sunny Burns of Famvester we dig into our 75 Hard Journey. For the complete interview go to: https://youtu.be/SmTP_cbn-t8 Thank you so much for listening! WE ARE SO GRATEFUL!!!! Our Sponsor: Multifamily Foundation If you are serious about learning how to buy apartment buildings then don't wait, go to www.multifamilyfoundation.com and let us help you build your foundation. #multifamilyfoundation #75hard #famvestor See acast.com/privacy for privacy and opt-out information.

Many stories of investors seem to have everything line up to make it as simple as possible. They are single or have no kids, live in an area that home prices seem reasonable and just don't seem to have any big road blocks. This is why a story like this needs to be told. Sunny Burns has plenty of excuses he could have come up with to not start investing, but he and his wife pushed past those and made things happen. They invest just outside of New York City with kids and have made the whole scenario work. No matter what your excuses are there is almost always a way around them.

When's the last time you went on vacation? Has it been too long to even remember?!We get it - traveling is hard for a multitude of reasons. The biggest: The expense.The average vacation costs about $1,145 per person. And when you're on a tighter budget, perhaps you're paying off credit card debt or student loans, or maybe you're working hard to build up your 401(k) and emergency savings accounts, it can seem like travel is no longer within your financial reach.Joining us on the show is Sunny Burns, founder of FamVestor.com. Sunny shares how he used credit card hacks to travel:roundtrip to Japan with his wife for $30on a 5-day cruise from Puerto Rico to New Jersey for $250 per personAs well as a three-week backpacking trip through five different European nations with a six-month-old for less than $2,400!So what exactly is credit card hacking? Credit card hacking is utilizing credit cards and especially credit cards with high bonuses to gain lots of miles very quickly and then using those miles to get free flights. How can you get started on travel hacking?Check out our full conversation with Sunny Burns, then head over to Sunny's website to learn more about how his family uses credit card hacks to travel the world: famvestor.com/travelAbout the ShowComments, questions or suggestions for the show? Email us at talkwealthpodcast@gmail.com.To learn more about DebtWave Credit Counseling, visit our website or connect with us on Facebook, Twitter, Instagram, and LinkedIn.To learn more about the San Diego Financial Literacy Center, visit our website or connect with us on Facebook and Twitter.Support the show (https://www.sdflc.org/help-sdflc/donate/)

Sunny and his wife are 88.92% of their way to FI at only age 28 while living just 15 minutes outside of New York City. How did they do it? They share ow to pay for collect, the Department of Defense SMART Scholarship, car flipping, and more. For more information, visit the show notes at https://choosefi.com/139

Sunny Burns is a government employee and real estate investor. He is also the creator of FamVestor, a blog and podcast training platform for beginners. As a full-time project engineer for the Department of Defense, he invests in real estate on the side. What’s exceptional is that Sunny has almost achieved financial freedom for his family while still under the age of 30. We are lucky to talk to him about how he got stared in investing as he walks us through all the numbers and the properties he’s acquired. We also learn about his frugal lifestyle, how flipping cars in college taught him sales, and how his dad and Bigger Pockets inspired his real estate goals. Reference links: FamVestor Website https://www.famvestor.com/ Bigger Pockets https://www.biggerpockets.com --- Support this podcast: https://anchor.fm/erikecabral/support

Sunny Burns chooses to live a different lifestyle that is allowing him to build wealth and create freedom at a very young age. He shares some amazing stories of how he has made and saved money.    Take away: Life can be a lot less expensive that you imagined.   Action step: Measure your finances.    Money Learnings: Sunny group up poor as his parents where Church missionaries. He felt blessed because his parents loved each other. His school didn't teach him about money.     Bio:Sunny Burns is 28 and works Full-Time as a Project Engineer for the Department of Defense. He is happily married with two amazing little boys. Sunny is founder of Famvestor.com where he writes about financial independence and creating strong families. Together with his wife, they own a rental property business with one million dollars in assets and over $100,000 annual gross rent. He enjoys the simpler things in life; like listening to books, running, biking, playing ultimate frisbee, and going on hikes with his family.   Highlights from this episode: Sunny made the choice not to pursue status symbols. The stress of living paycheck to paycheck  Getting through Stevens Institute of Technology without debt.  Flipping cars to make money.  How Sunny has the motivation to keep going.  Sunny and his wife start out  living in his parents home even though they were making $100,000 a year.  How he purchased his first multifamily rental and lives in it for free. His wife is now a stay at home mom and retired from her teaching job. The 3 week backpacking trip with the baby.   The next rental property and what's next. Knowing when to stop and say enough.  How Sunny is teaching his kids about money.  The micro-adventure.  Sunny never paid for a hair cut. Link to money videos of mine   You can find Sunny at  https://www.famvestor.com/ Richer Soul Life Beyond Money. You got rich, now what? Let's talk about your journey to more a purposeful, intentional, amazing life. Where are you going to go and how are you going to get there? Let's figure that out together. At the core is the financial well being to be able to do what you want, when you want, how you want. It's about personal freedom! Thanks for listening! If you like the show please leave a review on iTunes: http://bit.do/richersoul https://www.facebook.com/richersoul http://richersoul.com/ rocky@richersoul.com Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.

On today’s episode we catch up with our first guest on The Before The Millions Podcast, Sunny Burns. It’s been a year and Sunny’s life has drastically changed. Sunny brought this amazing triplex and still traveling the world.   On episode 1 of this podcast, Daray and Sunny got to know each other and we decided to bring Sunny back for an update on what’s going on in Sunny’s life. During this episode, Sunny shares great insight for real estate investors and entrepreneurs on what steps he took to purchase, rehab and close his triplex rental property.   Since we last spoke with Sunny he has been focused on his engineering career in the Department of Defense and just recently got a promotion from making 83K to six figures salary. Sunny closed on a triplex and own two properties (gross rents on the two properties are $100,000/year). Now he has a six figure salary and six figure passive gross rental income for the two properties.   We will breakdown exactly how Sunny brought his second property (the triplex). You’ll learn how Sunny found the triplex deal, finance the deal, how he rehabbed the property and more. Lastly, Sunny shares with us all the lessons learned during the buying and closing process of the triplex deal.   Key Points From This Episode: We catch up with Sunny 1 year later after his first interview on Before The Millions podcast How Sunny now has a six-figure salary and passive $100K/ year cash flow rental income Breakdown Sunny’s deal of buying his first triplex (lessons learned, tips and tricks, etc.) How his rental income today in 2018 can replace his entire salary and retire his family Step-by-step blog post Sunny wrote about his experience buying the triplex on his website Faminvestor.com How to prepare for the pre-approval process when buying rental properties Why community banks might work in your favor as a first-time investor vs. national banks when financing your real estate deals How Sunny found properties to analyze once he was pre-approved investor How to determine if a property meets your criteria as a investor Importance of knowing that it cost nothing to put in a offer on a property Questions you should ask before you make an offer on a deal How hiring a lawyer can help you ease through the paperwork and terms when closing a deal Various options for getting a down payment on a property for a first-time investor Breakdown of hiring an property inspector Sunny’s advice on rehabbing a property yourself vs. hiring a contractor to get the job done The process of closing the deal and lessons learned throughout the entire buying process   Links Mentioned in Today’s Episode Before The Millions Episode 1 https://beforethemillions.com/episode1/ Sunny’s Website: http://www.famvestor.com/ Sunny’s Blog Post: http://www.famvestor.com/triplexcasestudy/ Recommended Websites: Cozy makes renting easier for landlords and renters everywhere  Realtor: Search real estate property records, houses, condos, land and more  RentoMeter: Paying too much for rent or charging too little? Get rental comps and find apartments. Yelp: User Reviews and Recommendations of Best Restaurants, Shopping, Nightlife, Food, Entertainment, Things to Do, Services and More  Craigslist: provides local classifieds and forums for jobs, housing, for sale, services, local community, and events. Sunny’s Favorite Books: The Way of Kings Sunny’s Favorite Lifestyle Design App: Scanbot is the most advanced PDF scanner app for iPhone, iPad and Android. Create premium quality scans and upload them to your favorite cloud.   Access The Best Strategies, Tips & Advice ! Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that...

On today’s show we’re speaking with engineer, Sunny Burns. Sunny makes grenades for the DOD for fun; yep, the Department of Defense, while also selling pacifiers online. Sunny paid for his tuition in college by selling 19 cars. Sunny is a real estate investor who got a start house-hacking a fourplex. He is currently getting paid to live for free. This is one of my favorite subjects to educate others on, so when I found out what Sunny did and how beastly of a deal he got, I knew I had to have him on the show.   Sunny is the definition of an entrepreneur and has multiple streams of passive income. At 26 years old, Sunny is on the fast track to financial freedom all while maintaining a full-time engineering job at the DOD. I am sure you will get tons of value of this show, because I know I did, and you will like the little bit about travel hacking midway through the show.   Key Points From This Episode: Find out more about Sunny's short term business goals in real estate and life. Hear Sunny’s story, his background, and how he grew up in a family that had little money. Sunny shares his beliefs about money & how it can affect your marriage. What inspired Sunny to pursue his entrepreneurial mindset, allowing him to pay his tuition. Learn how Sunny got started in real estate for the first time. Hear the story of how Sunny’s stock grew by 1,000%, and why he does not suggesting trading in the stock market. Understand more about Amazon FBA and Sunny’s history as an eBay shipper. Sunny shares the story of how he was able to get a free trip to Japan, by travel hacking. How being frugal helped Sunny get started in entrepreneurship Understand why Sunny believes that most people are held by from the millions by their own limiting beliefs.   Tweetables: [spp-tweet tweet="“You find the right product, you create these systems and it’s just a passive cashflow business for you.” — @FamVestor"] [spp-tweet tweet="“We live frugally, but we do it awesomely.” — @FamVestor"]   Links Mentioned in Today’s Episode: The Best Real Estate Investing Advice Ever Show Sunny on Twitter Connect with Sunny Bigger Pockets Podcast Sunny's Website: FamVestor The Amazing Seller Podcast Outwitting the Devil by Napoleon Hill   Access The Best Strategies, Tips & Advice! Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey. Sign up to join our community