BiggerPockets Money

In this episode of the BiggerPockets Money podcast, Scott Trench is joined by Alex Smereczniak of Franzy to break down how to buy a franchise, what franchises actually cost, who is best suited for franchise ownership, and how to evaluate the risks and rewards of buying a franchise business. They also explore real-world franchise success stories, passive income potential, and how franchising can fit into a broader financial independence strategy.

This episode is brought to you in partnership with Franzy. BiggerPockets Money may receive compensation if you choose to work with Franzy. As always, do your own research and evaluate whether a franchise opportunity is right for your financial situation and goals.

To go beyond the podcast:

Interested in a Flat Fee Financial Planner? Go to biggerpocketsmoney.com/fipro

Interested in Learning More About Buying a Franchise? Check out: biggerpocketsmoney.com/franzy

Get 50% Off Your First Year of Monarch by using code ‘Pockets’: https://www.monarch.com/pockets

Connect with Alex Smereczniak: https://www.instagram.com/alexfromfranzy/?hl=en

We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order!
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In this episode, Ashley Kehr and Tim Delaney share their very different experiences owning and operating liquor stores, from starting a business during COVID to buying an existing store and dealing with the realities of employees, cash flow, inventory, suppliers, and day-to-day management. They break down what it takes to build a profitable liquor store, how to source rare bourbon and whiskey, why standard operating procedures are critical, and the costly lessons that can come from poor financial oversight and business management.

Whether you’re interested in buying a small business, starting a liquor store, entrepreneurship, retail business, or building passive income, Ashley and Tim offer practical lessons on turning a small retail business into a more scalable and profitable operation.

To go beyond the podcast:

Interested in a Flat Fee Financial Planner? Go to biggerpocketsmoney.com/fipro

Get 50% Off Your First Year of Monarch by using code ‘Pockets’: https://www.monarch.com/pockets

Connect with Ashley Kehr:

Social: https://www.instagram.com/wealthfromrentals/

Website: https://www.ashleykehr.com/

Real Estate Rookie: https://www.youtube.com/c/RealEstateRookie

Connect with Tim Delaney:

Business Buying for Financial Independence: https://open.spotify.com/show/2kBagDg0jmHwOmPJggAnGH?si=525c0e8e64dd4136

We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order!

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In this episode of the BiggerPockets Money Podcast, Nic Morales shares how his experience working for the NFL led him into real estate investing and ultimately to managing a $50 million portfolio. He reveals the challenges, financing strategies, operational demands, and hard lessons behind scaling a large real estate business.

To go beyond the podcast:

Interested in a Flat Fee Financial Planner? Go to biggerpocketsmoney.com/fipro

Get 50% Off Your First Year of Monarch by using code ‘Pockets’: https://www.monarch.com/pockets

Connect with Nic Morales: https://www.linkedin.com/in/nic-morales-24797ab5/

We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order!
Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the BiggerPockets Money Podcast, Nic Morales shares how his experience working for the NFL led him into real estate investing and ultimately to managing a $50 million portfolio. He reveals the challenges, financing strategies, operational demands, and hard lessons behind scaling a large real estate business.

To go beyond the podcast:

Interested in a Flat Fee Financial Planner? Go to biggerpocketsmoney.com/fipro

Get 50% Off Your First Year of Monarch by using code ‘Pockets’: https://www.monarch.com/pockets

Connect with Nic Morales: https://www.linkedin.com/in/nic-morales-24797ab5/

We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order!

Learn more about your ad choices. Visit megaphone.fm/adchoices
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In this episode of the BiggerPockets Money Podcast, Dave shares how he and his family went from no real savings to building more than $1 million in net worth in just seven years while raising five kids on a median income. Dave explains how he used side hustles, aggressive saving, minimalism, DIY skills, and strategic investing to dramatically improve his family’s finances.

Dave also shares how paying off the mortgage, investing in tax-advantaged accounts, controlling major expenses, and having regular money conversations with his spouse helped transform their financial trajectory. His story offers practical lessons for anyone trying to build wealth, increase their savings rate, and create more financial freedom without needing an enormous income.

To go beyond the podcast:

Interested in a Flat Fee Financial Planner? Go to biggerpocketsmoney.com/fipro

Get 50% Off Your First Year of Monarch by using code ‘Pockets’: https://www.monarch.com/pockets

Follow BiggerPockets Money on Social:

Facebook: https://www.facebook.com/groups/BPMoney

Instagram: https://www.instagram.com/biggerpocketsmoney

Connect with Dave: http://www.davesguitarmusic.com/

We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order!
Learn more about your ad choices. Visit megaphone.fm/adchoices