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Mar 13, 2019

Curtis is joined by Lee Kearney, one of the most successful single-family Real Estate investors in the country. Lee has flipped over 7000 houses in the past decade and is known for understanding and leveraging real estate market cycles. Lee shares his insights on the real estate business and how you can come out on top. Listen in to this amazing episode.

Curtis’s motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com

 

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Show Notes

  • Seven steps to creating long term wealth in Real Estate - 1:25
  • Understanding the current market cycle - 4:10
  • How technology allows you to buy anywhere - 5:20
  • Investors and passive investments - 6:14
  • Advantages of an internal property management team - 7:04
  • Hiring a property management company - 7:30
  • Understanding the property management system - 8:33
  • Does the market make sense so you can buy a house in this cycle? - 11:28
  • What to do if you need access to cash - 16:07
  • An example of the market cycle - 17:58
  • Rentals and leverage - 21:30
  • Leverage is the key to wealth - 21:37
  • What teaches Robert Kiyosaki - 23:23
  • Building a rental portfolio - 25:02
  • Investing or lending your savings - 29:24
  • Lee explains his seven steps to create long-wealth - 30:15
  • If you think small your business is going to be small - 30:57
  • Certain things that lenders want - 37:52
  • What to do if you want to make money - 38:28
  • One of the biggest mistakes that the banks made 12 years ago - 41:18
  • Understanding the market cycle helps you understand the game - 42:30
  • Joining groups of people that give you good content and learn from them- 47:05
  • Real Estate education - 48:25
  • Needing great tools to succeed - 51:04


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