254: Grow Rich In Your Sleep

If I pay you $114 an hour to mow my lawn, could you get wealthy that way?

No. You’d have to work all 8,760 hours in a year just to make your first million.

Invest.

The definition of investing is: “To expend money with the expectation of achieving a profit.”

Then, are stocks, bonds, gold, your home, vacations, or income properties … investments? I discuss.

Damion Lupo, expert eQRP Administrator, joins us. Learn more by texting “QRP” in ALL CAPS to 72000.

You can have five simultaneous profit centers with income property:

• Leveraged Appreciation.
• Cash Flow.
• Return On Amortization.
• Tax Benefit.
• Inflation-Profiting.

To get ahead, you must give your money multiple jobs. That’s five in this case.

If you’re new to this: risk and frustration still exist in real estate. Your best-laid plans will be derailed sometimes.

It’s not “get rich quick”. But most people never acquire wealth at all.

Why switch your retirement plan to an eQRP?

• $55,000 annual contribution limit for single, $110,000 for married couples.
• Invest in real estate, hard assets, nearly anything.
• Creditor protection.
• eQRP setup has less red tape setup than SDIRAs.
• $50,000 line of credit.
• Avoid UBIT tax. 

Learn more about the eQRP from Total Control Financial by texting “QRP” in ALL CAPS to 72000.

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Want more wealth?

1) Grab my FREE E-book and Newsletter at: GetRichEducation.com/Book

2) Your actionable turnkey real estate investing opportunity: GREturnkey.com

3) Read my best-selling paperback: getbook.at/7moneymyths