OPM Mastery

Episode 004 - Building Lasting Wealth With No Money with Ben Leybovich [PODCAST]


Listen Later

Can you begin a real estate investing career with little to no money? Yes, you can - Ben Leybovich is one example that proves it. Ben was and is a violinist and was diagnosed with MS at the beginning of his artistic career. He knew then that he’d have to develop ways to produce income that were not dependent on his physical skills. His research led him to real estate investing and he’s never looked back.

 

Ben had no money at the time, no cash of his own to invest in his business so he worked hard to discover ways to partner with others who did have money so that he could get started with real estate investing as a real business. Ben’s passion is to produce passive income that does not depend on his continued daily work. For that reason he’s invested heavily in multi-family properties and feel that they are the best investment in the real estate industry.

 

Learn why Ben Leybovich insists on developing the power of leverage to ena

ble him to invest in properties that are sure winners rather than just buying anything that might increase his cash flow. He want’s certain types of properties that will be long-term wealth building properties, not just immediate gains. For that reason Ben only does 1 deal per year on average, but works hard to make sure it’s the right deal that will grow his wealth. For Ben, one deal per year equals above average deals for his portfolio.

 

Listen in to this episode of Invest Four More to learn how  Ben Leybovich chooses multi-family properties over single-family properties almost every time, and how he leverages them to amass wealth. You won’t find a more common sense approach to the subject anywhere else and you’ll wonder why you haven’t thought of it the way Ben does before.

 

Do you know what syndication is when it comes to real estate investing? Ben Leybovich believes that syndication is one of the best leveraging tools to amass wealth in real estate. Listen in to hear his simple definition and how he describes its outworking in his real estate business.

 

All that on this episode of Invest Four More.

OUTLINE OF THIS POWERFUL EPISODE

 

  • Mark Ferguson introduces Ben Leybovich

  • From violin player to real estate investor: Ben Leybovich’s story.

  • Ben’s goal to replace active income with passive income - and why he’s focusing there.

  • Learning the power of leverage to gain greater income.

  • How Ben bought his first piece of real estate.

  • Choosing contractors who can stick with you through the long haul.

  • The things that kept Ben going after some hard setbacks in his first projects.

  • Why Ben only purchases deals that he likes, whether they will increase his cash flow or not.

  • Why Ben chose multi-family properties to invest most of his business in.

  • One deal a year = above average deals for Ben.

  • What real estate investing has done for Ben’s life and business.

  • What is real estate syndication?

  • The things Ben would love to see happen in the next year.

     

    LINKS MENTIONED IN THIS GREAT EPISODE

     

    http://www.JustAskBenWhy.com

     

    http://www.BiggerPockets.com

     

    Contact Ben: [email protected]




    TWEETS TO SHARE THIS POWERFUL EPISODE

     

    From violin player to #realestateinvetor - The story of Ben Leybovich

     

    #Realestate is the most logical way to start with nothing and attain #success

     

    Learn the power of #leverage to gain more income: in this episode

     

    No having money is not necessarily a limit to being a #realestateinvestor

    ...more
    View all episodesView all episodes
    Download on the App Store

    OPM MasteryBy InvestFourMore

    • 4.8
    • 4.8
    • 4.8
    • 4.8
    • 4.8

    4.8

    53 ratings