Make These 3 Investments So You Don’t Have To Work Again

"Higher risk and higher potential reward... if you hit the right one now you can see an insane return on your money"

"well now you have a almost $1.5 million gain which means you got to pay taxes on a $1.5 million now even if you have a low tax rate because investors get lower tax rates that's still a lot of money but real estate gives you another exception because now what you can do is you can take all of this money you take the 1.7 millionar and you go out and you buy a bigger property let's assume that now you buy a bigger property with multiple units this is called a 1031 exchange it's called a light kind exchange you don't get this in the stock market but you get this in real estate where you can flip your property after one year you own the property for a year you can sell it for a profit flip it into a bigger property and pay $0 in taxes today"

"I like residential real estate because this is a Innovation proof real estate we're always going to need a roof over our heads no matter how crazy the metaverse becomes which is why I like residential real estate"

"what I'm looking for is a 7% cash on cash return on my money meaning for every dollar that I invest I'm going to make 7 cents in positive cash flow 7 cents in profit every single year"

"if you hit the right one now you can see an insane return on your money because if you can find the next Amazon or the next Uber before it becomes Amazon or Uber well now you can see a massive return on your money"

"third you want to invest some of your money into real money and the reason why I say real money is because you want to have a protection investment that way if the American dollar begins to collapse if the American economy really starts to go down and real estate prices now aren't worth as much and businesses aren't worth as much you want to have something to fall back on this is why I own some physical gold gold is your traditional inflationary hedge because gold has been used as real money for centuries"

"between an ETF and an index fund this is really personal preference I mean do you want to have the automatic reinvestment into an index fund or do you want to just invest your money into a brokerage that can automatically invest your money for you personally I like ETFs because I like the freedom that comes with them"

"the four factors that you want to be paying attention to when you're looking at a good location is the crime in the area the population and population growth businesses moving in or out and the walkability of the area"

"you want to make sure you have a broker that specializes as real estate investment deals and even if you are a real estate licensed salesperson like I am I'm a licensed salesperson I got licensed when I was 20 I used to work with uh people who wanted to buy and sell homes I worked with investors I worked with a bunch of people but I don't broker my own deals I have another broker that work with"

"if you are going to be investing in real estate you absolutely need a good accountant now because now it's not just showing your W2 there are so many different deductions so many different things that you can do in real estate to allow you to make money and pay less money in taxes legally"

"my goal is not to flip the property for a big profit my goal is to generate cash flow because I want enough cash flow from my real estate to be able to live my life that will now have this passive cash flow that I can use"

"you have earned income or ordinary income that's the money make from your job you have portfolio income and passive income both portfolio and passive income which is investment income come with lower tax rates and more tax deductions"

"the system benefits these people the second reason why this is so important to understand is because of taxes when you are a worker here you are a W2 you're getting a salary and this means you're going to pay the highest tax rates"