Understanding Money

More Money in Your Pocket

Owning investment properties might just be your ticket to building wealth, especially for W-2 earners who miss out on those precious write-offs. Jeff shares the golden rule: if you can't afford a property manager, think twice before you leap into property investments.

Learn why paying interest is throwing your hard-earned money away and get actionable advice on how to grow your funds sustainably.

In this episode, we dive deep into:

• Beyond The W-2

A W-2 job might offer security, but when it comes to taxes, opportunities for write-offs are minimal. Learn why diversifying your income could be a game-changer.

• Real Estate as a Wealth Builder

Jeff compares the steady, if limited, income from traditional employment to the potentially larger, but less predictable rewards of business ownership, emphasizing the long-term benefits of real estate investment.

• Investment Property Management

Owning investment property is about creating wealth, but it requires consideration and planning. Jeff advises against investment properties if you can't afford management — hear his reasons why.

• The Cost of Interest

Paying interest can severely impact your wealth-building journey. Jeff discusses smarter ways to manage money that could lead to significant savings over time.

"Buying real estate, having houses or hotels, owning a railroad or utility companies was the way to win the game. And it's the same in the real world." – Jeff Hockett

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