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 needed 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 respiration down his neck when issues went sideways. A portfolio that might make him MILLIONS in tax-free earnings, utilizing methods each common American can repeat.
Jason shortly realized the correct method 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 truthful, he was given a test 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, all the time including worth and ALWAYS paying his money owed.
Jason’s “opportunistic” method of investing permits him to purchase something and the whole lot that makes cash. Home hacking, repair and flips, cellular properties, and oil and fuel leases are simply SOME of the asset lessons that Jason has invested in. One in all these allowed him to make $1.9 million utilizing a technique 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 smash your likelihood at monetary freedom
- Home hacking and easy methods to make tax-free thousands and thousands just by dwelling in your house
- Syndication hype and why you need to NEVER “pretend it until you make it” in actual property
- Jason’s “No B.S.” recommendation to discover actual property offers WHEREVER you’re
- Partnerships and when it’s a wiser transfer to fly solo in your investing profession
- And So A lot Extra!
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Notice By BiggerPockets: These are opinions written by the writer and don’t essentially signify the opinions of BiggerPockets.