20 years old looking for guidance to early financial freedom

[Chris Breezy]

I'm not enrolled in college, after high school I became a carpenter my finances looks like this as of now.

Assets-

Brokerage account 30k

Annuity Thru employer 10k

W-2 income 3100$  take home monthly 

0$ for my living situation since I still live with parents 

Very disciplined and also fairly frugal 

Liability-

Monthly all my expenses equal to around about 500

Long story short I'm saving 2500 give or take every month and my plan has been investing 1100 of that monthly into my mutual funds as I been doing for last 6 months .im looking for other ideas and advice on how I can expediate myself to financial freedom.

I love the house hack idea but I do live in big city so cash flow is fairly hard to come by and I thought about getting a dueplex were I'm cash flow negative 100 or so but I rather not tie myself to sum thing that's not really an asset then since it seems like all I can bank on is the hope for appreciation.

Any good ideas or words of wisdom would be appreciated 

[Darren Sager]

@Chris Breezy thanks for the kind words.  The Podcast was a lot of fun to do and I'm grateful every day that @Joshua Dorkin and @Brandon Turner had me as their guest.  

I learned a lot of my skills from my childhood friend Ted Burdge who did not go to college but also became a carpenter and eventually a home builder.  I think if I could go back in time I might have second thoughts as to pursuing a college degree.  I believe there is tremendous need for trade skills in this country and you can create an incredible business from one.  As a carpenter it can lead you down many paths so I would take advantage of it best you can.  

What's really important for you to develop are your business skills, such as accounting, so that you can understand the internal operation of your business long term. I believe you can eventually save up enough to use your skills to fix up a multi family that needs renovation. Use an FHA loan to get in a low cash outlay and work nights and weekends to get it done. Little by little. Once it's fixed up, refi it and put your equity into the next one. Do it 3-4 times in a metro area like NYC and you can be set for life. You don't need 100's or 1000's of doors like many do. You just need a few good solid properties in this NYC market that will always perform based upon their proximity to getting in and out of Manhattan. Choose quality over quantity. I think you'll do very well.

@Scott Trench's book is a great read so apply the principles in that toward your life.  Also Brandon's book on Low and No Money down investing is also worthwhile for you to invest your time with.  

Happy to meet if you like.  Send me a PM.