Passive Income Unlocked

440. How To Build a Legacy with First-Gen Foundations


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Why is real estate more than just buying and selling? This podcast episode dives into Bryan Escudero's success story as a first-generation US immigrant. Learn how he used hard work and dedication to create a passive income stream through real estate investing. Hear how Bryan overcame his fear and learned the education he needed to succeed. We also explore the impact of having a secure home and loving family on first-generation immigrants and how they use their disposable income to help others.

 

Listen to understand why real estate investing is not easy and takes time, effort, and energy!

 

Bryan Escudero is President and Co-Founder of First Gen Foundations. As he began his real estate journey, Bryan noticed a problem for people like him – first-generation investors who might not have all the foundational knowledge to get in the game. First Gen Foundations was created to bridge that gap and represent the incredible qualities real estate has as an investment vehicle for generational wealth to new investors.

 

 

[00:01 - 07:45] Building a Legacy Through Real Estate with First-Gen Foundations

• How Bryan got into real estate and built a legacy for his family

  • Providing passive income streams

• Where the name 'First Gen' comes from the fact that they are first-generation investors

  • How it symbolizes their purpose of helping people navigate the waters of real estate investing

 

[07:46 - 14:41] How One Family Used Sacrifices to Create a Legacy of Helping Others

• How Bryan's parents laid the foundation of security, love, and a large family

• Real estate as a wealth-building vehicle

• The importance of focusing on helping tenants and property managers

• Educate yourself and partner with someone who has done it before

 

[14:42 - 21:03] From W2 Employee to 181 Units in Just One Year

• Bryan's inspiring story of massive action in real estate investing

  • How he gained knowledge of syndications and economies of scale to make a good deal for investors

• Real estate investing takes work

  • Understanding different laws, dealing with lawyers, corporations, managers, and much more

 

[21:04 - 24:20] Closing Segment

• General partners focus on asset management and doing what's best for the asset and investor

• Investing in real estate is passive - investors don't have to worry about making decisions

 

 

Connect with Bryan:

 

Website: www.firstgenfoundations.com 

LinkedIn: Bryan Escudero

Instagram: @firstgefoundations

 

 

Key Quotes:

 

"The basis of our company is to help others. We help the tenants, we help the property managers, we help the investors, and they help us." - Bryan Escudero

 

"One thing I feel strongly about is that we, as first-generation individuals with some disposable income, have a duty to help others." - Bryan Escudero

 

 "A lot of people say they want to be real estate investors. They don't, they want to invest in real estate." - Bryan Escudero

 

 

 

WANT TO LEARN MORE?

 

Connect with me through LinkedIn.

 

Or send me an email at [email protected]

 

Visit my website, www.luxe-cap.com, or my YouTube channel.

 

Thanks for tuning in!

 

If you liked my show, LEAVE A 5-STAR REVIEW, like, and subscribe!

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Passive Income UnlockedBy Sujata Shyam

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