In this episode, John Baker shares his tips and strategies for getting wealthy with real estate investing. He discusses the importance of prudently leveraging real estate and explains the tax benefits of investing in real estate. John also shares his personal experiences and wealth-building strategies, including investing in ATM funds and using retirement accounts for real estate investing. He emphasizes the importance of passive income and cash flow and provides advice on working with turnkey providers and building a team. He also discusses the importance of family and the shift in priorities that can occur after a life-changing event. John concludes with closing thoughts and advice for those looking to get started in real estate investing.
Resources
John’s Free Book PDF Version “There is A Raccoon on my Leg, A Journey to Discover the 30 Rules of Real Estate” https://members.wvmls.com/content/Raccoon_John_Baker.pdf
Rich Dad, Poor Dad by Robert Kiyosaki
The Cashflow Quadrant by Robert Kiyosaki
Tax Relief for American Families and Workers Act of 2024
Get Rich Education https://getricheducation.com
ATM Investing, Dave Zook, The Real Asset Investor https://therealassetinvestor.com
Rental Property Calculator
https://www.calculator.net/rental-property-calculator.html
Tax Reform Act of 2017 Bonus Depreciation
https://www.bing.com/search?q=tax+reform+act+of+2017+bonus+depreciation&qs=NWU&pq=tax+reform+act+of+2017+bonus&sk=NW_XFC1NW4NWU1&sc=10-28&cvid=D640A57229844266AF345EDB53E6FE6E&FORM=QBLH&sp=7&ghc=1&lq=0
QRP-Qualified Retirement Plan
eQRP Damion Lupo https://eqrp.com/founder/