WIP 967 How Rich People Own Assets by David Dodge
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 7 June 2022
⏱️ 27 minutes
🧾️ Download transcript
Summary
Trading your time for money is one way to guarantee you will never have a lifestyle of freedom. David Dodge is here today to tell us how the wealthy use assets to fund their lifestyles. You'll learn more about liabilities and even more about how taxes are paid on these assets.
Key Takeaways
- Why trading your time for money isn't the path to wealth
- Be focused on owning nothing but controlling everything
- Secret tax strategies that wealthy people use
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Transcript
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| 0:00.0 | Rich people don't work for money, and rich people own asset. |
| 0:05.0 | This is Game Changing Information, guaranteed to raise your real estate wholesaling business |
| 0:10.6 | with actionable steps you can take immediately to navigate the ins and outs of wholesaling |
| 0:15.6 | and start making money today. |
| 0:18.3 | Join us as we put our guests in the hot seat and dive deep to dissect their strategies |
| 0:22.8 | for success to enable you to duplicate their results. |
| 0:26.4 | For listening to Whole Sailing Inc, the only show dedicated to making you a fortune in |
| 0:31.3 | Whole Sailing. |
| 0:33.6 | Welcome to Whole Sailing Inc podcast, America's number one podcast for new real estate investors. |
| 0:40.1 | We know that finding discounted properties is the most proven path to financial freedom. |
| 0:46.0 | And let's face it, we all want financial freedom and security, but so few of us have actually |
| 0:51.7 | been taught how to build long-term wealth while still earning an income. |
| 0:56.5 | The truth is owning rental property is the best, most effective way to increase your income |
| 1:02.4 | and build legacy wealth fast. |
| 1:06.1 | I'm David Dodge, and on this show you'll discover how to take control of your finances |
| 1:11.4 | and make your money start working for you. |
| 1:14.3 | I am here to show you how to build that long-term wealth and cash flow, while paying less |
| 1:19.5 | in taxes through owning rental properties. |
| 1:22.8 | Stop trading your time for money and get off of the transaction, treadmill. |
| 1:28.7 | Let's get started. |
| 1:29.7 | Guys, today's episode, we are going to be talking about how rich people own assets and |
| 1:37.8 | how rich people do not work for money. |
... |
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