JD Sustar is better known as the Finance Cowboy in the digital world. JD was able to amass a net worth of over $1m by the age of 30 by investing in single-family home real estate.
Listen to the podcast here or on your favorite podcast app:
Watch the Episode here:
Main Points:
- Single family long term rentals as a foundation
- Short term rentals (airbnb) returns and management (I have 2 on Seabrook Island, SC)
- Knowing how to analyze deals
- Networking is key to success in real estate
- How to scale with little money
Connect with JD:
- @financecowboy (Instagram),
- financecowboy.com
- tiktok: @thefinancecowboy
- youtube: finance cowboy
- http://www.TBD
- +1 (843) 8643682
- realfinancecowboy@gmail.com
Biography Of JD Sustar:
JD Sustar, better known as the Finance Cowboy in the social media world, has managed to amass a net worth of well over $1mm dollars through investing in real estate, staying out of bad debt, and taking advantage of his company’s 401k and match. He currently owns 22 rental properties, with 13 of those being single family homes, 7 mobile homes, and 2 short term rentals in Charleston, SC. JD makes it known that not trying to keep up with the “Joneses”, combined with a clear vision of what he wants his life to look like, has allowed him to scale his portfolio and enjoy the successes he does today. // Although JD’s day job is selling medical equipment for a large medical device organization, his “side gig”, and true passion, is teaching people all things personal finance and financial freedom, with a strong emphasis on real estate. Luckily, all three of those go hand in hand! If you were to browse any Finance Cowboy social media pages where JD has over 22k followers, you might see videos of him explaining how to find and analyze a rental property, how to avoid short term capital gains in real estate, staying away from beginners’ biggest mistakes, what to look for in a fix and flip, where to go to acquire funding, and any other real estate topic you can think of. But you would also find him posting videos and content on things like steering clear of bad consumer debt, is college worth it, opportunity costs, what it takes to succeed, efficient systems and process, and other topics in the personal finance and FI niche that he has learned over the years. // Today, JD lives in the Upstate of South Carolina with his wife Mary, and his three young boys Bo, Barrett, and Brooks. He has an amazing team that helps him teach thousands of people every day on how to invest in real estate, and what steps they need to take to get their personal finances in order to reach financial independence. And while he continues to invest heavily in real estate, contribute to his own retirement account, and make good decisions with his own income and assets, his mission now is to equip as many people around the globe with the tools needed to reach the financial success that he and his wife have experienced at such a young age. He is able to do that through his social media accounts, website, blog, and his online real estate community- The Cowboy Club.