Jason Lewis made it his life’s objective to hit monetary freedom by thirty-five. After watching his household go bankrupt, lose their multi-generational farm, and have to surrender their desires, Jason knew that this was NOT what he wished his future to appear like. As an alternative, Jason would construct a multi-million greenback actual property portfolio. One with out excessive danger, excessive leverage, or a financial institution respiratory down his neck when issues went sideways. A portfolio that may make him MILLIONS in tax-free revenue, utilizing strategies each common American can repeat.
Jason rapidly realized the best approach to make use of debt. After securing a mortgage on the younger age of seven, Jason began elevating hogs. When he turned the Grand Champion for hog elevating at his native honest, he was given a examine for a pair thousand {dollars}—MORE than sufficient for any seven-year-old. This lesson later helped Jason repeat the identical technique, however with actual property, at all times including worth and ALWAYS paying his money owed.
Jason’s “opportunistic” approach of investing permits him to purchase something and every little thing that makes cash. Home hacking, repair and flips, cell properties, and oil and fuel leases are simply SOME of the asset courses that Jason has invested in. One among these allowed him to make $1.9 million utilizing a method that ANYONE listening to this episode can make the most of. Need to hear how? Stick round!
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In This Episode We Cowl:
- The hazard of “overleveraging” and the way it can spoil your probability at monetary freedom
- Home hacking and make tax-free tens of millions just by dwelling in your house
- Syndication hype and why it’s best to NEVER “faux it until you make it” in actual property
- Jason’s “No B.S.” recommendation to discover actual property offers WHEREVER you might be
- Partnerships and when it’s a wiser transfer to fly solo in your investing profession
- And So A lot Extra!
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Be aware By BiggerPockets: These are opinions written by the creator and don’t essentially symbolize the opinions of BiggerPockets.