85 min listen
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Currently unavailable
REI161: A Better Way to Build Wealth w/ Sean O’Dowd
Currently unavailable
REI161: A Better Way to Build Wealth w/ Sean O’Dowd
ratings:
Length:
82 minutes
Released:
Feb 1, 2023
Format:
Podcast episode
Description
Patrick Donley talks with Sean O’Dowd about why he thinks there is a better way to build wealth through starting a business and using the profits to buy real estate investments. Sean graduated from the University of Pennsylvania’s Wharton School and worked at Boston Consulting Group. He left behind this traditional path to success to take a bet on himself and built a one-man consulting shop and dumps all of his profits into real estate.IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro09:28 - How buying a diamond engagement ring provided the impetus to start a consulting side hustle.05:25 - What he learned working for one of the top consulting firms in the country.05:25 - How he grew his side hustle into a one-man consulting shop that nets $500,000 per year.12:57 - Why picking the right partner in life is so important.24:04 - What his current real estate strategy is that has proven much more profitable?33:18 - Why his first real estate investments didn’t pan out.55:59 - Why does he think house hacking is a terrible idea?And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESRobert’s book The Everything Guide to House Hacking.Hero of the Empire by Candice Millard.But What If We’re Wrong? by Chuck Klosterman.How to Get Rich by Felix Dennis.Give and Take by Adam Grant.Richer, Wiser, Happier by William Green.Atomic Habits by James Clear.Check out Upwork.Check out Catalant.Check out Hemlane.NEW TO THE SHOW?Check out our Real Estate 101 Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Keep up with the latest news and strategies on real estate investing with the best real estate podcasts.P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet a FREE audiobook from Audible.Get personalized, expert advice that helps you see things clearly with ATB.Take stock of your finances and investing strategy with Betterment.Let an expert do your taxes from start to finish so you can relax with TurboTax.Talk to your clients about Desjardins Responsible Investment today and support what’s right for society and what’s good for business.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.Find the perfect piece of jewelry for life’s special moments with Blue Nile. Save up to 50% off today!Support our free podcast by supporting our sponsors.Connect with Patrick (@jpatrickdonley): TwitterConnect with Sean: Website | YouTube | Twitter | LinkedInSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Feb 1, 2023
Format:
Podcast episode
Titles in the series (100)
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