Episode 67: Real Estate Investing is the BEST Way to Create Your Legacy for Future Generations

The On Purpose Investor

Most people work a 9-5 for 40 years with the hope they have enough saved for retirement to live a comfortable life but not enough to pass down wealth for future generations. They often miss out on their kids’ school and sporting events and live for the one week vacation with their family every summer. But with the right resources and mindset, people can learn how to invest in real estate and create financial and time freedom so they can live their dream life in their 30s, 40s and 50s instead of waiting until 60 to start truly living.
We hear about the big institutional investors buying up single family houses but did you know that there are 10.6 million families who own rental properties? 41% of the total rental units in the US are owned by mom and pop landlords. You can become one of the 10.6 million and start generating passive income through rental properties instead of working for 40 years like our parents and grandparents did.
If more people can live free of the constraints of money and work, they will be free to show up for their kids more and create a happier and more exciting future for their family. As opposed to working hard all year so they can spend a week at the beach with their kids.
It’s our job to create the best life for our kids and future generations and the fastest way to do it is through rental property investing. People will not only have the money to relieve the stress of the paycheck to paycheck cycle but also have the time freedom to invest in their kids and live out their passions.
In 10 years do you want to be in the same place you are right now or do you want to take action so you can begin building your legacy for future generations and create the life of your wildest dreams? If you’re ready, we want to help you build your toolbox so you have everything you need to be successful in creating your dream life. Send us a DM with the word Legacy and let’s get started!
References:
- Dave Ramsey HERE
- "Building Wealth One House at a Time" by John Schaub HERE
- Brandon Turner HERE
- "The Gap and the Gain" by Dan Sullivan HERE
- Cash Flow for Kids Game HERE
- Bill and Kim Cook HERE
Purchase your copy of The Pathfinder's Journey: The Key to Your Dream Life Through Real Estate Investing at www.onpurposeinvestor.com/books
About Us:
We are real estate investors Tiffany and Eric Vogel, founders of www.onpurposeinvestor.com. Four years ago we began our real estate investment journey together after just one year of dating – before we even got married! We bought our first property with an FHA loan and zero equity. Each of us has a unique set of strengths that we bring to our partnership.
Join us each week for another episode full of tips, tricks, and methods to find your path and make it happen.
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Chapters

1. Episode 67: Real Estate Investing is the BEST Way to Create Your Legacy for Future Generations (00:00:00)

2. Real Estate Investing for Legacy Creation (00:00:01)

3. Legacy Through Time and Real Estate (00:07:41)

4. Building a Legacy With Children (00:15:43)

5. Benefits of Investing in Rental Properties (00:20:29)

6. Subscribe to on Purpose Investor Podcast (00:30:26)