Which Path to Financial Independence Is Faster? Sell or Rent?

Today's guests are relocating, and they're faced with a critical decision. Do we keep our primary residence with the super low mortgage and turn it into a rental or sell it and be done? Today, we're gonna run the numbers to decide which one gets them to financial independence faster. Hello. Hello. Hello. And welcome to the Bigger Pockets Money podcast. My name is Mindy Jensen. And with me as always is my keeping his primary residence cohost, Scott Trench. Thanks, Mindy. Great to be here. Looking forward to chatting with, Allison and John on the first finance Friday in a while. We're so excited to be joined by these two today. Thank you so much for providing such a detailed breakout of your numbers in our new finance Friday template and spotting an error in there. There's gonna be a couple errors as we put out these new forms and stuff. So thank you for telling us about that calculation error and, presenting your your financials for us. Can you give us a little quick overview of how you got to where you are today and and your background with money? I would say this all kind of started for us when we read Rich Dad Poor Dad, like, five, six years ago. John's been investing a lot longer than I have, so he had to get me on board with it. And I read that book and it kind of a switch flipped for me. So I really got into it after that. Kind of started just by investing in actually, my first investment was in real estate that felt a little bit more manageable for me than going into stocks. So we bought an Airbnb property in Florida. That same year, I bought a second property. And then the year after that, I bought a third property. And then from there, I started to really get into it and see what investing could do. So then I got into stocks between a few different IRAs, brokerage accounts, all of that. So it's been fun. Now we're kind of at the point that we like to gamify it and just see, like, what else we can do. We can take a few more risks with it, but it's been really fun. For me, it's been more of the slow and and steady approach. You know, I went into the marine corps right out of college as an officer and financial advisers said, hey. Invest in in a in a Roth, the TSP and everything. So I've just been doing, you know, automatic investments for the last two decades, and it's it's definitely paid off, you know, in the in the low cost index funds. And, you know, so we, you know, we we can go through our numbers as we go through it, but we're at a good point now. And, you know, we definitely have some some questions. We love the podcast, though. It's an honor to …