BiggerPockets Real Estate Podcast - How 1 Rental Property Saved Corey Kent’s Career

Episode #809 Just six years ago, Corey Kent was a broke college graduate, renting out half of a room to save money, eating the same meal every day of the week. His dream was to make a living as a musician without selling out. Now, most country music fans know Corey's name and his platinum record speaks for itself. But what you don’t know is that Corey fueled his music career thanks to a handful of properties he bought years ago. Corey’s side project real estate portfolio allowed him to launch his music career, make passive income when times got tough, and fall on his feet when the world was shut down. Corey was looking to invest in property at just seventeen years old, but when a bank turned him away, he had to change his entire mindset and learn the personal finance game from a very early age. After his grandfather taught him the do’s and don’ts of buying raw land, Corey slowly built his real estate portfolio. At this time, Corey was below the poverty line, sleeping in his truck and saving whatever money he could to invest. He continued to buy property, EVEN when times were tight, successfully using his passive income to help him leapfrog into later becoming a chart-topping musician who now can follow his one true passion. ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media ~~~~ Expand Your Investing Knowledge With the BiggerPockets Books: https://store.biggerpockets.com/?utm_source=owned_media ~~~~ Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch ~~~~ Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch ~~~~ 12 Ways To Make Passive Income From Real Estate Investing: https://www.biggerpockets.com/blog/passive-income-from-real-estate?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ The Risks and Rewards of Investing in Raw Land: https://www.biggerpockets.com/blog/real-estate-704?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Is Raw Land the Most Underrated Asset of 2023? https://www.biggerpockets.com/blog/on-the-market-95?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect with Corey: Facebook: https://www.facebook.com/CoreyKentOfficial/ Instagram: @coreykent or https://www.instagram.com/coreykent/ Website: https://www.coreykentofficial.com/ ~~~~ Connect with David and Rob on BiggerPockets: David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none Rob: https://www.biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect with Rob (Robuilt): Instagram: https://www.instagram.com/robuilt/ TikTok: https://www.tiktok.com/@robuilto Twitter: https://www.twitter.com/robuiltchannel YouTube: https://www.youtube.com/c/Robuilt ~~~~ Follow David and BiggerPockets on Instagram: @davidgreene24 or https://www.instagram.com/davidgreene24/ @biggerpockets or https://www.instagram.com/biggerpockets/ Show notes at: https://www.biggerpockets.com/blog/real-estate-809?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro 02:12 Quick Tip 03:04 Sold Out Shows & Passive Cash Flow 05:45 Life Before Real Estate 12:48 Buying Land, Instead of Landlording 21:00 Paying Off the Property 30:41 Accidentally House Hacking 37:57 Corey’s “Side Project” Portfolio 47:04 Connect with Corey!