
Sign up to save your podcasts
Or


Al Gordon explores the idea of "imploding" your 401(k). He presents a scenario in which someone has $244,000 in their 401(k), which could be used for real estate investments. Al suggests using this amount to acquire single-family properties, leveraging hard money loans and contributing $25,000 as the initial investment for each property. This approach allows the investor to purchase approximately eight properties, generating around $1,600 in passive income per month, or $19,200 annually. The strategy highlights the potential of 401(k) funds for wealth creation through real estate, emphasizing the ability to reinvest and grow passive income over time.
By Lifestyles Unlimited®4.5
5959 ratings
Al Gordon explores the idea of "imploding" your 401(k). He presents a scenario in which someone has $244,000 in their 401(k), which could be used for real estate investments. Al suggests using this amount to acquire single-family properties, leveraging hard money loans and contributing $25,000 as the initial investment for each property. This approach allows the investor to purchase approximately eight properties, generating around $1,600 in passive income per month, or $19,200 annually. The strategy highlights the potential of 401(k) funds for wealth creation through real estate, emphasizing the ability to reinvest and grow passive income over time.

16,781 Listeners

711 Listeners

827 Listeners

165 Listeners

41,266 Listeners

972 Listeners

424 Listeners

518 Listeners

618 Listeners

145 Listeners

721 Listeners

1,831 Listeners

40,430 Listeners

904 Listeners

14 Listeners