Listen "Building Wealth With Alternative Investments"
Episode Synopsis
Send us a textWhat if the financial crisis of 2009 turned out to be a blessing in disguise for you? Tune in to hear the inspiring story of Chris, a former aviation industry employee, who faced a massive financial hit, losing 55% of his assets. In our latest episode of Matt Chambers Connects, Chris takes us through his transformative journey, from reading Robert Kiyosaki's "Cash Flow Quadrant" to embracing alternative investments that multiplied his wealth. Discover why financial education became his compass for navigating the tumultuous waters of economic setbacks and how he challenges conventional investment strategies that many Americans swear by.Ever wondered how tax strategies can be a game-changer in your wealth-building journey? Join us as Chris shares insights inspired by tax experts like Tom Wheelwright and George Antone. We uncover how the U.S. tax code is designed to favor businesses, fostering job creation and economic growth. Learn the advantages of being a 1099 contractor, the pivotal role of a competent CPA, and why financial freedom is more than just a dream—it's a strategic plan. From tax-saving strategies to the frustrations of inaccurate tax filings, Chris sheds light on the often misunderstood world of tax and wealth management.Multifamily real estate investment is teeming with opportunities and challenges, especially post-pandemic. With wisdom from Brandon Turner of BiggerPockets, we delve into the current trends and potential pitfalls in this sector. Chris breaks down the importance of due diligence, finding the right partners, and staying informed about market dynamics to capitalize on distressed properties. Don’t miss our discussion on navigating rising costs and non-paying tenants, and how even without substantial initial capital, you can make significant strides in real estate. This episode is packed with actionable advice and thought-provoking insights to help you achieve financial freedom through smart investment choices.Support the show
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