Founder | Rat Race to FI
Hello! I am Diego. I am a 26 year old Peruvian living in Austin, Texas. I created FreeBy26.com to help millennials realize that they don’t have to settle to what society expects from us. I bet that you grew up with this expectation: Graduate high school, graduate from college with a degree, land your first corporate job, climb the corporate ladder, and 45 years later you can retire and enjoy your 401K.
When we are in that cycle, we are changing our time for money. Many people buy stuff and more stuff, get a new car every 2-3 years and get in more and more debt; they continue working to pay off the new gadget they bought last month.
A few things about me. I am no different than any other millennial. I graduated from Florida State University in 2012 and moved to Austin, TX to work as a software developer for an IT Company. I had a great salary, great vacation time and had a great team. In my spare time, I started learning as much as I could about financial literacy and the habits of wealthy people.
I became really interested in real estate as I began to explore different ways that I could increase my income. I wanted to use a method call House Hacking, which is when you buy a home and rent out the secondary rooms while you live in the master bedroom. This method paid from my mortgage from day one and I haven’t had to pay a mortgage payment from my pocket ever since. How cool is that!
I bought my first property when I was 23. Fast forward 3 years, I now own 8 properties giving me passive income every month. I keep my expenses low and do what I love doing. My goal is to be financially free before I turn 27. To be financially free I need to make $5,000 a month. I will be sharing my struggles, my successes and my mindset through this journey.