NOTE: This episode fell through the cracks in Sep 2024 *sorry about that* but you're getting it now!

Interestingly, Kris’s journey started with him wanting to be a surgeon. But he ended up becoming a teacher and becoming bored with the repetitive nature. Wanting a challenge and more money, he became a consultant and went to business school. Kris’s real estate investing journey began while he was still working full time. Lauren shares some personal stories she hasn’t shared before related to Kris’s journey. They talk about how each step in your career you’re learning skills and stacking them together. Lauren then transitions to personal finance, specifically curious about how Kris learned about money. For starters, he’s very goal-oriented, so much so that he set a goal of dunking a basketball when he was younger, and he actually did it. But goals don’t get you all the way there, you should surround yourself with people who don’t know the things you do. And anyone can be successful, like Kris, even in this challenging interest rate environment. If you liked this episode, you’ll also like episode 126: From Crying Over Debt to $1M Net Worth and 138: Wake Up Call. About Kris: Kris Morin is a former Fortune 200 Strategy Executive and Accenture consultant, embarked on a transformative journey from corporate burnout to financial freedom. As the Co-Founder and Head of Investor Relations at Three Peaks Capital, Kris now leverages his expertise to help professionals nationwide diversify their portfolios and secure robust financial futures. Connect with Kris: Portfolio: https://podfol.io/profile/kristopher-morin LinkedIn: https://www.linkedin.com/in/kris-morin-multifamily-real-estate-expert/ Website: https://www.threepeakscap.com/ Facebook: https://www.facebook.com/kris.morin.906/?_rdc=1&_rdr Connect with Lauren: https://twitter.com/AdultingIsEasy https://www.realadultingiseasy.com/ https://www.instagram.com/adultingiseasyreal/

It's that time of year. Time to look back on Adulting Is Easy's FIFTH full year of podcasting.

About the listeners:

80% from the US (81% last year)

Others: Canada, UK, Australia, South Africa, China, Cambodia, Germany, Spain, Philippines, Mexico, Netherlands, India, UAE, Sudan, Switzerland, Japan, Ireland, Ghana, Denmark, Israel, Belgium, Finland, Romania, Italy, Sweden, France, Pakistan, Argentina, Singapore, Nigeria, Peru, Bahrain, Costa Rica, Greece, Brasil, Oman, Bolivia, Czech Republic, Poland, Namibia, Norway, Russia, Austria, Turkey, Slovakia, Egypt, Portugal, Croatia, South Korea, Chile, Kuwait, Uganda, Zambia, Kenya, Indonesia, Malaysia, Saudi Arabia, Republic of Lithuania, Sierra Leons, Morocco, Jamaica, Ukraine, Dominican Republic, Iceland, Malawi, Ecuador, Thailand, Taiwan, Qatar, Vietnam, Uruguay, Iraq, Bulgaria, Latvia, Republic of Moldova, Belize, Aruba, Lebanon, Bangladesh, St. Kitts and Nevis, Hungary, Iran, Ethiopia, Maldives, Zimbabwe, Paraguay, Slovenia, Albania, Cyprus, Grenada, Algeria, Liechtenstein, Mongolia, Faroe Islands, Honduras, Tanzania, Kazakhstan, Guatemala, Palestine, Bahamas, Curacao, Equatorial Guinea, Vanuatu, Guam, Luxembourg, Palau, Montenegro, Serbia, Cayman Islands, Andorra

Gender (Spotify):

35% female (43% in 2023, 31% in 2022, 29% in 2021, and 69% in 2020)

52% male (55% in 2023, 69% in 2022 and 2021, 49% in 2020)

13% none specified

Age (Spotify):

0-17: 0%

18-22: 4%

23-27: 4% (down from 14%)

28-34: 32%

35-44: 11% (down from 26%)

45-59: 36% (up from 14%)

60+: 0%

Unknown: 4%

Where are you listening?

Apple: 55%

Spotify: 8%

Overcast: 7%

Browser: 23% (up a lot)

Castbox: 3%

Other: 5%

159: What To Do When You Inherit a Property (or Bequeath One)

160: Turning Real Estate Investing Into MORE Businesses

161: Beyond Broke: Unleash Your Financial Potential

162: Stop Stressing About Money (A How To Guide)

163: Overcoming Landlord Not-So Horror Stories

164: Move Yourself Physically, Mentally, and Financially

165: Personal Finance Questions to Ask Your Sweetheart

166: When You House Hack a House Hack

167: Wealth Blueprint: Using Your 9-5 To Buy Assets and Retire Early

168: Keep Finance Personal: Get Your Time, Energy & Financials Right

169: Real Money is Made During Downturns - Get Ready

170: All About Roofs & Don't Ever Skip Inspections (HMP 26)

171: Taking Over Dad's Real Estate Business

172: Hack Your Way to Wealth (Even on Minimum Wage)

173: Passive Income with Andrew from The Personal Finance Podcast

174: Change Your Own Life: Make More & Pay Off Your Debt

175: Are Student Loans a Scam? How To Pay for College

176: Millions Locked in Retirement Accounts… What to Do?

177: Wedding Venue Business Breakdown

178: Bitcoin: Have Fun Staying Poor

179: REPLAY: Think and Grow Rich AIE 61

180: The Landlord Who Rents

181: Car Wash Cash Flow: Small Business Financial Tips

182: Equity Exchange: Selling Stocks to Buy a Home

183: Net Worth: What, How, and Why

184: Small Expenses That Add Up Over Time

185: Financial Feast: A Smorgasbord of Personal Finance Tips

186: Generating Side Income: Are You Buying Dividend Stocks?

187: What if You Can't Pay for College and Save for Retirement?

188: REPLAY: Budgeting for Dummies (AIE 131)

189: Fight All Day and Make Money

190: How Retiring at 44 Changed My Life

191: The Government Has Your Estate Plan if You Don't

192: Paying Your Home Off is An Investment

193: Credit Cards are Like Fireworks

194: Real Estate vs Bitcoin

195: Lifestyle Design: The 5 Freedoms

196: TODAY

Coming up: The plan is for me to be interviewed for episode 200!

Connect with Lauren:

https://www.realadultingiseasy.com/⁠⁠⁠

https://twitter.com/AdultingIsEasy

https://www.instagram.com/adultingiseasyreal/

Brian and Lauren discuss college degrees, and whetherthey’re valuable or not, given Brian isn’t happy with his degrees. Spoiler, there’s inherent value in getting a degree. Lauren asks Brian to dive into what it was like to be in real estate during the bubble and leading up to the 2008 real estate crash. While he lost his job with a hard money lender, he was able to get another job in the real estate space, and that led to his current company, Spark Rental. Soon, the conversation transitions to lifestyle design. Brian and his family have lived outside of the country for years, starting in the UAE. He has borrowed the 5 freedoms framework to help with lifestyle design: 1) freedom from financial stress, 2) location freedom, 3) time freedom, 4) work freedom, and 5) financial independence. Interestingly, once you get the first 4 freedoms, you don’t usually need full financial independence. You are happy to do enough to cover any shortfalls. Brian brings it home by explaining why he likes real estate to achieve the 5 freedoms but notes it does not have to be everyone’s freedom vehicle of choice. He also dives into more detail about Spark Rental.

If you liked this episode, you’ll also like episode 44: All the Ways You Can FI or 77: FIRE in Your 20s.

About Brian:

Brian Davis is a real estate investor and personal finance writer. After graduating from University of Delaware in 2003 with two useless bachelor’s degrees and an even more useless minor in anthropology, he fell headfirst into real estate finance by accident. He promptly went on a property buying spree from 2005-2008. It was what you might call a “learning experience,” all of the lessons expensive. Eventually, Brian tired of land lording and unloaded his own portfolio of rental properties. Nowadays he only invests passively in real estate. Along with his wife and daughter, Brian spends most of the year abroad living by his own rules. He loves writing, hiking, cooking, pairing wine with said cooking, scuba diving, and occasionally surfing (badly). Most of all, Brian loves showing others how they too can create their ideal lives through real estate investing and lifestyle design.

Connect with Brian:⁠

https://sparkrental.com/

⁠⁠https://www.facebook.com/sparkrental/

⁠⁠https://www.instagram.com/sparkrental/

⁠⁠https://x.com/sparkrental/⁠

Connect with Lauren:

https://www.realadultingiseasy.com/

⁠⁠⁠https://twitter.com/AdultingIsEasy

https://www.instagram.com/adultingiseasyreal/