How a Real Estate Investor Achieved Financial Freedom at 23

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Living The Red Life 17 min 4 speakers 3 chapters transcribed 1 month ago
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How did Bonnie become financially free at 23 and earn her first million by 26?

Bonnie Laszlo 0:00
I came financially free at 23, first million at 26. I teach people how to do real estate as a hobby, okay? Because a lot of people are looking to quit that job. And I started learning from millionaires versus, you know, professors. Finding someone who's in alignment with the results that you're wanting. Yep. Gotta get close to them.
Lucy Staffieri 0:16
Bonnie Laszlo is a seasoned, accomplished, purpose-driven real estate investor, best-selling author, and founder of Real Estate Hobby Millionaire. She became financially free at 23 and now helps others build cash-flowing rental portfolios through practical real estate investing.
Bonnie Laszlo 0:31
I always tell people it gets to be easy, it gets to be fun, because a lot of people are like, how in the world can you do business and do it as a hobby? Um, you know, so many people are like, die hard, do it this way and, you know, torture yourself and suffer.
Unknown 0:45
Right.
Bonnie Laszlo 0:46
And my thing is just like, no, let me do it as a hobby. Let me go ahead and, uh, replicate the result over and over again and staying focused and not doing a lot of the other things that get you into confusion. Um, that will burn you out. Like stick to one thing, become a master of it. get that money, get yours, get the financial freedom, and then figure out where you want to go from there.
Rudy Mawer 1:07
My name's Rudy Moore, host of Living the Red Life podcast, and I'm here to change the way you see your life in your earpiece every single week. If you're ready to start living the red life, ditch the blue pill, take the red pill, join me in Wonderland and change your life.
Ray Gutierrez 1:21
Welcome back to another episode of the Living Your Legacy podcast, the Red Life Edition. For Insight Success, I am Ray Gutierrez. Joining me today is Benny Laszlo? Bonnie Laszlo. I knew I was going to screw that up and we're going to keep it. Bonnie Laszlo, she is the author and founder of Real Estate Hobby Millionaire. How do you feel? Welcome to the show.
Bonnie Laszlo 1:43
Oh, thanks. Thanks for having me. Thanks for definitely taking the time to be with me.
Ray Gutierrez 1:50
We're excited.

Why does Bonnie teach real estate 'as a hobby' instead of as a full-time obsession?

Ray Gutierrez 1:51
Before we get into the nitty gritty, you just wrapped up your day of filming your episode of Women in Power.
Bonnie Laszlo 1:57
Yes. Women in Power.
Ray Gutierrez 1:58
Awesome. What do you believe makes a powerful woman and why do you believe that is you?
Bonnie Laszlo 2:05
So great question. I think that women in power, just the word power really has to deal with something that a woman can take and utilize to help the most amount of people, including yourself, you know, put your action mask on first, help your family, help your friends. And once you've mastered that skill, then go ahead and understand you have a duty to go ahead and translate that out to the masses on a large scale. So that's what I think is very powerful is taking the awareness of what you've figured out and what you've gotten results with to better, I guess, the lives of other people and literally leave it as a legacy.
Ray Gutierrez 2:47
Love it. You brought it right back to legacy. I got to ask, hobby and millionaire, is that something you see very common together? I know, right? What comes first, the chicken or the egg? Was it a hobby or were you a millionaire first? How did this work?
Bonnie Laszlo 2:59
I teach people how to do real estate as a hobby because a lot of people are looking to quit that job. Whenever I was in college, because I came financially free at 23, first million at 26. Rock and roll. While I had my nine to five, I was actually building this portfolio on the side while going to college. I understand that people come to me because they also want to replicate and do those sorts of things. I want people to be able to do this as a hobby, do this as a family affair kind of thing too, start it in 30 minutes right away, get the results, replicate what I've been doing, and pretty much take it to the next level if they want. So I'm very happy if people are going from zero to five doors.
Bonnie Laszlo 3:40
Or five to 500 doors. But I'd love for people to play the millionaire game. But I'm totally fine if they just do it as a hobby and then they can decide if they wanna take it up a notch.
Ray Gutierrez 3:50
Well, welcome to the party. So let's talk about, sorry, got a little bit distracted.

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