Scott Trench
speaker
696 appearances
1 recordings
1 series
first heard Sep 2025
last heard Sep 2025
Scott Trench’s voice in public audio — every appearance, attributed to the second.
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Appearances
where you buy a property and rent out the other rooms, even for just a year or two.
If you can do it for a couple of years, you're going to get rapidly on the other side of this financial, you know, the capitalist snowball here.
Even if you never make it in business or your career never really takes off on the income front, this can be a very powerful way to build a multimillion dollar retirement portfolio and or thousands of in cashflow.
On the transportation front, it's drive a beater, drive a paid off,
economy vehicle, like a Corolla, a Civic, or something like that, and do it for a number of years until, again, you get on the other side of the snowball.
After that, you can double your spending in some of those entertainment categories and come out way ahead.
And I did this for my 20s.
If you visited my house, you'd have been appalled, but you wouldn't have known that if you saw me out with my friends downtown or
in Denver or going out on trips or whatever, I was still able to spend on those things.
I just could accumulate so much faster because my housing and transportation expenses were so low.
And then I meal prepped most of my meals the rest of the time.
If you do those three keys, you're going to come out way ahead financially and you don't have to do them forever.
You just have to do them for a couple of years to get the, get on the other side of the snowball.
I would have done it almost exactly the same.
I talked to a friend recently.
We're both dads now.
Both have mustaches.
He has a full one.
I have two mustaches because I don't grow any hair right there.
You know, we were talking about it and he's like, gosh, I wish I house hacked.
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