Listen "Save Your Way To Wealth? Well The Bank Invests YOUR Savings!"
Episode Synopsis
Ep 24 - Dr. Julius Oni joins us again to dig deep into what helped him achieve the success he has today. Having a good working relationship with his partners and team has made it possible for him to fulfill both his roles as CEO and orthopedic surgeon. He also breaks down the cash-generating advantages of multifamily and, more importantly, how it is offering him opportunities to give back to the community. He is passionate about educating others on the benefits of investing rather than simply saving money, and he considers himself a testament to the power of real estate. ________________________________ FREE Discovery call for The Microfamily Investing Accelerator https://calendly.com/noirvest/microfamilymavericks ________________________________ [00:01 - 13:11] Multifamily Real Estate is a Team Sport Check out part 1 of the interview with Julius! How building a strong team has helped Julius balance his W2 and real estate career Running a tight ship through systems and processes Their clients are the ones bringing opportunities to them by spreading the word about the company The importance of having the spirit of abundance and educating the community about real estate [13:12 - 17:04] You Cannot Save Wealth Julius explains the compounding returns in multifamily vs. single-family Saving in banks is not smart! If the bank invests our money, why not invest in ourselves? Real estate is a tangible asset to own unlike stocks and crypto [17:05 - 22:13] Getting Back Time Freedom Opening up the real estate world to health care professionals and underrepresented minority communities Julius shares why he decided to enter the medical field and why he will not stop being an orthopedic surgeon Passive income through real estate will enable him to have more time to help others while still doing the job that he loves [22:14 - 34:21] Closing Segment The final 2 questions Julius on diversification: Be active in one main investment and passively invest in other assets Connect with Julius! Key Quotes “You need to have the team player mindset. It's so difficult as a solo person to do anything in this space because you may climb up, but it would just be a slow climb.” - Julius Oni “My primary goal is to educate, right? And so either you invest with us or invest with others, but as far as the person in our community is investing, growing wealth, growing your mind, and getting to the next level, my job is done.” - Julius Oni “The moment you put your money in the banks, that money becomes a liability to them. Guess what they do with it? They invest it, they lend it out, they do something with it… So think about it. If they are doing that, why can't you do that yourself?” - Julius Oni Resource Mentioned Traction by Gino Wickman Connect with Julius Oni through [email protected]! Visit the XSITE Capital website and join the Exciting World of Multi-Family Investing Meetup and Networking. Follow them on LinkedIn and
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