#139: Cindy Byler [Parenting & Investing]

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By Jay Helms. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Cindy Byler is a military Army spouse of 7 years to her high school sweetheart, Jonas. After their first change of duty station, she found herself needing to put her career as a music teacher on hold to move three times in three years. During that season of not working, she grew bitter toward the lifestyle- she had much value to add but felt unable. Through much reflection and improvements in personal finances, Cindy realized the best “job security” for their military lifestyle was through passive income- ultimately utilizing real estate to achieve passive income.

As a buy-and-hold real estate investor, Cindy primarily invests in her hometown-area in Elmira, NY. She has been a landlord for 5 years. In the past 1.5 years, she has acquired a total of 4 properties and 11 doors. Every unit has gone through or is going through, extensive remodeling. To make things more interesting, she currently lives in Central Texas where her husband is stationed at Fort Hood so all acquisitions, remodeling, and rentals are managed from over 1600 miles away. Cindy also resigned from her job as a music teacher to stay home with her young children and focus on the business that has already replaced her income in so little time.

EPISODE SPONSOR: BANK ON YOURSELF

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KEY TAKEAWAYS:

  • Married High School Sweetheart
  • Accidental Landlords
  • Long Distance Investing is possible
  • Really passionate about personal finances
  • From 2 Incomes to 1
  • Delayed Gratification
  • Becoming Debt Free
  • Investing in Airbnb Arbitrage Furniture
  • OFF THE WALL

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