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My Self Reliance Podcast - 12. How to Achieve Financial Independence: Real Estate Investments and Debt Management

12. How to Achieve Financial Independence: Real Estate Investments and Debt Management

11/22/23 • 27 min

My Self Reliance Podcast

In today's episode, Shawn takes us through a typical day at the cabin, dealing with firewood and preparing for the impending snow. As he works, he reflects on the challenges of off-grid living and the many questions he receives about finding affordable property for a self-reliant lifestyle.

Shawn shares his own experiences, recounting how he purchased a 20-acre property in an unorganized township for $50,000 in 2017, only to sell it for a significant profit later on. He emphasizes the importance of real estate in building wealth and achieving a self-sufficient life.

Drawing from personal stories of ups and downs, Shawn encourages listeners to consider the benefits of owning real estate despite the challenges. He discusses the historical trends in real estate prices, advising that there's never a perfect time to buy, but waiting might mean missing out on potential opportunities.

In a candid and reflective manner, Shawn offers practical advice on how to navigate the real estate market, stressing the long-term benefits of investing in property. Whether you're just starting out or considering a shift in lifestyle, Shawn's insights provide valuable perspectives on financial security, debt-free living, and the path to a more self-reliant future.

Tune in to gain valuable insights and join Shawn James at the cabin as he shares his wisdom on life, real estate, and the pursuit of a self-sufficient lifestyle.
No Permit Required YouTube Video:
https://youtu.be/8p2AcPYv7gY?si=kDDPmuEwwZwroXKt

Support the show

My Self Reliance YouTube Channel-
https://youtube.com/@MySelfReliance?si=d4js0zGc5ogYvDtO
Shawn James Youtube Channel - https://www.youtube.com/channel/UC5L_M7BF5iait4FzEbwKCAg
Merchandise - https://teespring.com/stores/my-self-reliance

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In today's episode, Shawn takes us through a typical day at the cabin, dealing with firewood and preparing for the impending snow. As he works, he reflects on the challenges of off-grid living and the many questions he receives about finding affordable property for a self-reliant lifestyle.

Shawn shares his own experiences, recounting how he purchased a 20-acre property in an unorganized township for $50,000 in 2017, only to sell it for a significant profit later on. He emphasizes the importance of real estate in building wealth and achieving a self-sufficient life.

Drawing from personal stories of ups and downs, Shawn encourages listeners to consider the benefits of owning real estate despite the challenges. He discusses the historical trends in real estate prices, advising that there's never a perfect time to buy, but waiting might mean missing out on potential opportunities.

In a candid and reflective manner, Shawn offers practical advice on how to navigate the real estate market, stressing the long-term benefits of investing in property. Whether you're just starting out or considering a shift in lifestyle, Shawn's insights provide valuable perspectives on financial security, debt-free living, and the path to a more self-reliant future.

Tune in to gain valuable insights and join Shawn James at the cabin as he shares his wisdom on life, real estate, and the pursuit of a self-sufficient lifestyle.
No Permit Required YouTube Video:
https://youtu.be/8p2AcPYv7gY?si=kDDPmuEwwZwroXKt

Support the show

My Self Reliance YouTube Channel-
https://youtube.com/@MySelfReliance?si=d4js0zGc5ogYvDtO
Shawn James Youtube Channel - https://www.youtube.com/channel/UC5L_M7BF5iait4FzEbwKCAg
Merchandise - https://teespring.com/stores/my-self-reliance

Previous Episode

undefined - 11. Cabin Life Updates: Preparing the Homestead for Winter, Sourdough and Current Projects

11. Cabin Life Updates: Preparing the Homestead for Winter, Sourdough and Current Projects

Join Shawn James in this week's episode as he shares insights into his journey of self-reliance, and navigating the challenges of living off the grid in the Canadian wilderness. From leaving the corporate world to crafting an off-grid homestead, Shawn provides a glimpse into the rugged beauty of his lifestyle. Despite setbacks, like a recent podcast footage loss, he perseveres through the harsh winter conditions, juggling between an on-grid homestead and a more remote, off-grid dwelling.

In this episode, Sean delves into the meticulous preparations for the impending snowfall, emphasizing the importance of securing firewood and lumber for the colder months. He walks you through the intricacies of his cabin, detailing the off-grid systems, from solar power to drawing water from local sources. As he battles the elements, Sean also updates on the progress of his wife's endeavors in maintaining the on-grid homestead, including cheese-making and sourdough baking.

Explore the challenges of homesteading, from outdoor cleanup to processing meat, as Shawn strives to balance the demands of daily life with ongoing construction projects. From cellar improvements to cabin modifications, Shawn shares the intricate details of his off-grid lifestyle. Tune in for a firsthand account of the joys, struggles, and triumphs of building a life harmonized with nature.

To keep up with Shawn's journey, subscribe on your favourite podcast platform, including Apple Podcasts, Google Podcasts, and Spotify. Don't miss the weekly updates every Tuesday morning and occasional bonus content. Follow along and witness the growth of this unique platform as Shawn shares his experiences and invites you into the heart of his wilderness homestead.

Step into our under-construction cabin as we talk you through our plans for the future, our ongoing projects, and the thrill of seeing our self-reliant dream take shape. As our podcast channel continues to grow, we welcome your insights on future topics and remain grateful for your unwavering support. So, come along, immerse yourself in the rhythm of our lives and get a glimpse of what it truly means to live off the grid.

Support the show

My Self Reliance YouTube Channel-
https://youtube.com/@MySelfReliance?si=d4js0zGc5ogYvDtO
Shawn James Youtube Channel - https://www.youtube.com/channel/UC5L_M7BF5iait4FzEbwKCAg
Merchandise - https://teespring.com/stores/my-self-reliance

Next Episode

undefined - 13. Materialism to Minimalism: The Road to a Nomadic Life

13. Materialism to Minimalism: The Road to a Nomadic Life

Ever dreamed of trading your daily grind for a life on the road? Imagine swapping your morning commute for a breathtaking sunrise over the Grand Canyon, or your cubicle for a secluded beach. This week, we're joined by Kellie and Cody, a couple who've done just that. They've taken the leap into a nomadic lifestyle, transforming a truck camper into their cozy mobile home.
Kellie and Cody generously share the highs and lows of their journey with us, from the awe-inspiring wildlife encounters to the challenges of finding safe places to stay. We also dig into the profound shift in mindset required when transitioning to a minimalist, travel-focused lifestyle. We learn how they've distanced themselves from materialistic impulses and redefined their understanding of success. But it's not all about the philosophical — we also dive into the practicalities of staying fit on the road, the trials of having a dog along for the ride, and the financial realities of nomadic living.
In this episode, we also open up about our own plans to hit the road with our dog in our truck camper, and how these conversations have inspired us. There's plenty of light-hearted chat too, as we swap travel tales and plans with our guests. So, whether you're flirting with the idea of a nomadic lifestyle, curious about RV living, or just love a good travel yarn, this episode is a treasure trove of insights and stories. Come join us for an inspiring journey into the world of nomadic living!
YouTube Channel: www.youtube.com/@CodyandKellie
Website: domelife.camp
Facebook: https://www.facebook.com/CodyandKellie/
Instagram: instagram.com/codyandkellie

Support the show

My Self Reliance YouTube Channel-
https://youtube.com/@MySelfReliance?si=d4js0zGc5ogYvDtO
Shawn James Youtube Channel - https://www.youtube.com/channel/UC5L_M7BF5iait4FzEbwKCAg
Merchandise - https://teespring.com/stores/my-self-reliance

My Self Reliance Podcast - 12. How to Achieve Financial Independence: Real Estate Investments and Debt Management

Transcript

Speaker 1

Hey everybody , welcome back to the cabin Music

Speaker 1

Just dealing with firewood . Again . Today ,

Speaker 1

Sunny day but cold , and then I think half a day of dry tomorrow morning and then snow starts in the afternoon . We're probably in for a couple days of snow . It's that time of year I think we're

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