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WIP 1181: Secrets of the Wealthy - How to Keep More of the Money You Make

WIP 1181: Secrets of the Wealthy - How to Keep More of the Money You Make

FromWholesaling Inc with Brent Daniels


WIP 1181: Secrets of the Wealthy - How to Keep More of the Money You Make

FromWholesaling Inc with Brent Daniels

ratings:
Length:
32 minutes
Released:
Apr 3, 2023
Format:
Podcast episode

Description

Get ready for an insightful and action-packed episode as we dive into the world of real estate investing and discover how you can keep more of the money you make. Our guest, Tom Wheelwright, best-selling author of Tax-Free Wealth and The Win-Win Wealth Strategy, unveils the secrets to building wealth through strategic, tax-saving techniques. This episode is perfect for seasoned investors and newcomers alike, providing valuable information that can transform your financial journey.  Be sure to check out Brent's TTP Training Program for an opportunity to work with him personally on building your wholesaling business. Show notes:(1:00) - Welcome and Introducing Tom WheelwrightKick-start your financial transformation with today's riveting episode(9:41) - Real Estate Investing: A Team SportLearn why collaboration is key to achieving success in the investing world(13:40) - The Power of Passive Income and Passive LossesUnlock the potential of passive income while understanding the importance of managing passive losses(14:50) - Active vs. Passive Income: The Crucial DifferenceDiscover the two types of income and how they impact your financial strategy(20:36) - Bonus Depreciation: A Game-Changer for InvestorsTom explains the concept of bonus depreciation and its benefits for real estate investors(27:14) - Income Generation: The Purpose of ExpensesUncover the true purpose of expenses and how they drive income generation(27:05) - Navigating Financial Statements with ConfidenceTom provides a crystal-clear framework for understanding and mastering financial statements(29:15) - Smart Financing for Long-Term AssetsLearn why utilizing long-term debt is the best approach for financing long-term assets----------Resources:The Tax Free Wealth by Tom WheelwrightThe Win-Win Wealth Strategy by Tom WheelwrightRich Dad Poor Dad by Robert KiyosakiWealthAbilityTo speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the TribeGo to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space. Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.It's 100% free to join. The opportunities in this community are endless, what are you waiting for?
Released:
Apr 3, 2023
Format:
Podcast episode

Titles in the series (100)

Let’s face it, Real estate education has lost the script. Everybody “claims” to have the secret sauce. They get you to sign up, get you to bite on a “magic” formula, but there’s no real tools to get there. There’s so much talk, no practical steps. It’s not instructional, it’s hype. The ideas are not focused on your success, it’s focused on theirs. And to make matters worse, too many people are in this for the wrong reasons, or have lost sight of why we do this work. For them, it’s about quick wins, bigger houses, flashier cars. This leads people to a pretty empty place. It’s about the money and nothing else. We believe real estate is a vehicle to impact the world. We believe education in this space should serve you better with instructions and practical execution so you can then serve others better in return. This show will serve people who believe in helping others and leaving a legacy, not just buying nicer toys. People who feel a responsibility once they succeed to give back and lift others up. They know entrepreneurship is about stewardship and accountability. You feel it’s your responsibility to ensure what you’ve earned is put to good use for the greater good. Join real estate experts Brent Daniels, Lauren Hardy, Chris Arnold, Rafael Cortez, Grace Mills, Brent Bowers and Chris Craddock as they deliver a Real Estate Wholesaling Blueprint inspired by greats like Robert Kiyosaki, Dean Graziosi, Bigger Pockets, Suze Orman, Dave Ramsey and Entrepreneur on Fire. Join the Wholesaling Inc coaches 5 days a week as they give you step by step instructions on how to Wholesale Real Estate. This is a show about what it takes to succeed as a real estate wholesaler and investor. Unlike other shows about similar topics, only we provide specific instructions for entrepreneurs who believe in using real estate as a means to marry profits and purpose. This Podcast is NOT about theory, stories or fluff. It’s all about taking MASSIVE action and following instruction rather than more education (most people get stuck in “education mode”). Each episode is JAM PACKED with “step by step instruction” so you can literally duplicate the success of our guests and go out there and start making money TODAY in wholesaling. In every episode, we put our guests in the hot seat and deep dive a recent deal they’ve done…usually all in about 30 minutes or LESS! Specific details include: EXACT marketing methods used to find properties (Direct Mail, Cold Calling, Text blasting, Radio, PPC, Bandit signs, TV Ads, etc), techniques for buying and selling the deals, next level negotiation and closing strategies, and even the exact dollar amount made on every deal! Whether you’re a newbie or a seasoned investor, if you’ve ever thought about starting (or growing) a wholesaling business, you’re in the right place. Come be a fly on the wall and listen in on these conversations as our guest’s spill their guts. It's the only real estate wholesaling Podcast you'll ever need to listen to.