The wealth of families often dissipates to zero within a generation or two.
Learn about the Vanderbilt family’s downfall and how you can avoid these mistakes.
Have an estate plan. I explain the difference between a will and a trust.
I introduce you to my friend Michael Manthei.
A regular GRE listener, Michael and his wife bought 55 units within 4 years and acquired $85,000 of annual real estate income.
He thinks about generational wealth as: income, taxes and inflation, giving, faith, service, preserving stories, character, physical health, and that your family is a treasure.
Learn the difference between inheritance and generational wealth.
Today, Michael runs the Elevate Investing Group. His upcoming event, Generational Wealth 2023, is August 18th-19th, 2023 in Lancaster, PA. Register here.
I’ve never heard of an event like this. Multiple generations of one family will tell you how they did it.
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Get mortgage loans for investment property:
RidgeLendingGroup.com or call 855-74-RIDGE
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Invest with Freedom Family Investments. You get paid first: Text ‘FAMILY’ to 66866
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Wealthy people’s money either starts out or ends up in real estate. You need to become an investor, but you can’t lose your time. Without being a landlord or flipper, you learn about strategic passive real estate investing to create generational wealth.
Become educated about real estate investing with GRE’s 1-hour video course: Real Estate Pays 5 Ways.