When you think about your ideal life in 5,10 or even 15 years, what do you see? When you think about your finances, what is it that you want your money to do for you? As today’s guest, Aaron Latal, so elegantly put it, when setting goals it is best to start backwards.
After graduation, Aaron landed a high-paying job as an engineer and genuinely enjoyed the work he was doing, yet he felt like something was missing. Besides his job, he had nothing to fill his free time, so he turned to real estate investing. He began to read, listen to BiggerPockets and do anything he could to educate himself. Once he felt like he had a good understanding, he started his real estate journey by rehabbing the property he lived in and eventually house hacking a duplex he purchased.
Shortly after that, he realized this is what he was meant to be doing. He then quit his job despite enjoying it because he knew that engineering didn’t fit the life he envisioned for himself. From there on he poured everything into real estate and wholesaling. He soon noticed that he had more of an interest in the business and process side of things so that’s what he focused on. As business picked up, he was able to outsource certain aspects of his job and focus on his strengths and what he enjoys. By working backward and understanding what he wants his life to look like in the future, Aaron is not only building his ideal life but living it.
Ashley Kehr:
This is Real Estate Rookie, Episode 143.
Aaron Latal:
That’s I think the big mindset shift is just using the word if. Like in 25 years, if I was at the number one best place I could be financially, what would look like? Could you make it up?
Ashley Kehr:
My name is Ashley Kehr and it is almost the new year 2022. And Tony Robinson is still my wonderful cohost and I could not be happier to go into the new year with you, Tony.
Tony Robinson:
We made it through another year, Ash. 2021, it was crazy, right? Because 2020 was the crazy year for everybody in so…