In episode 38 of The Kitchen Table, Ken Baden interviews his friend Brandon Brittingham, also known as Mailbox Money B, to discuss his massive success in the real estate industry. They point out the importance of cash-flow-generating assets and trust when it comes to investing. Ken and Brandon highlight the significance of starting the investment journey and acquiring knowledge about real estate investing.

Tune in to learn more about the current challenging times in navigating the real estate market.

TIMESTAMPS

[00:02:15] The Safe Play in Real Estate.

[00:04:09] Building Wealth with Single-Family Homes.

[00:07:47] Managing Assets and Passive Income.

[00:12:32] Real Estate as a Wealth Tool.

[00:14:19] Buying Opportunities in Real Estate.

In this episode, Ken Baden and his guest, Brandon Brittingham, highlight that investing in cash-flowing assets is a strategy commonly employed by wealthy individuals. They explain that wealthy individuals acquire these assets and hold onto them indefinitely. Instead of selling them, they leverage the equity in these assets when they need money, without having to pay taxes. This strategy allows them to maximize the potential of real estate and take advantage of tools like depreciation and cost segregation to minimize their tax liability.

In addition, Ken and Brandon discuss various ways to invest in real estate. They mention that starting with single-family properties is a common approach as it allows individuals to learn the process and gain experience before moving on to larger investments such as multifamily properties or storage units. Hence, they also stress the potential benefits of investing in real estate, including the ability to leverage tax advantages, build wealth, and generate cash flow through rental income.

QUOTES

• “When it comes to investing in real estate, everybody overcomplicates it. They make it more difficult than it needs to be. I mean, ultimately at the end of the day, if you buy real estate and you hold it long-term, uh, it's going to go up in value.” - Brandon Brittingham
• “I think multifamily and storage units are two of the safest places to put your money long-term.” - Brandon Brittingham
• “Putting your money in the bank, what happens is you just lose value, right? Loses value every day. So nothing wrong with the stock market. You know, I just believe in real estate more because it's made, it's produced and made me more wealth and helped me do a lot of things. And I like the safety of it.” - Brandon Brittingham
• "So you find a property management company, put some people in it, you pay them. And if you break even, it's a win.” - Ken Baden
• “90% of all millionaires came from real estate.” - Ken Baden

SOCIAL MEDIA LINKS

Ken Baden

Facebook: https://www.facebook.com/TheKenBaden

Instagram: https://www.instagram.com/bluecollarcloser/

Brandon Brittingham

Instagram: https://www.instagram.com/mailboxmoneyb/

Facebook: https://www.facebook.com/brandon.brittingham.1/

LinkedIn: https://www.linkedin.com/in/brittingham/

WEBSITE:

The Kitchen Table Podcast: https://thekitchentablepodcast.net/