The Wealth Pyramid - Wholesale Assets Explained

22/08/2024 24 min Temporada 1 Episodio 61
The Wealth Pyramid  - Wholesale Assets Explained

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Episode Synopsis

Send us a textIn this episode, Mark and Paulina discuss wholesale assets as the second layer of the wealth pyramid. They define wholesale assets as buying quality assets at a discounted price and adding value to them. They emphasize that wholesale assets can be created in various asset classes, such as property, retrofitted vans, and even cars. The key to success in wholesale assets is having two out of three elements: time, money, or knowledge. They also highlight the importance of conducting due diligence and understanding the end market for the asset.Chapters00:00 - Introduction and Barbecue Banter01:12 - Defining Wholesale Assets02:34 - Creating Wholesale Assets in Different Asset Classes03:23 - The Importance of Time, Money, and Knowledge in Wholesale Assets07:01 - Conducting Due Diligence for Wholesale Assets09:49 - Understanding the End Market for Wholesale Assets#wholesaleassets, #wealthpyramid #discountedprice  #addingvalue  #property  #duediligence #endmarketSupport the show