Welcome to Radical Personal Finance, the show dedicated to providing you with the knowledge,

skills, insight and encouragement.

You need to live a rich and meaningful life now while building a plan for financial freedom

in 10 years or less.

Today my guest is Kathy Fedkey from the Real Wealth Network.

Kathy is an expert in real estate investing.

Kathy welcome to Radical Personal Finance.

Thank you, great to be here.

Let's start off with your story.

You have a unique and interesting story.

How did you stumble across the world of real estate investing?

Well, it was... the world of real estate investing?

Well, it was a bit by accident both times really. The first time was when my father was panicking because he had invested in an apartment building,

but he'd kind of not paid attention to it. It was being managed by somebody else.

It was a group of investors, and they didn't manage it well, they didn't take care of it, and then

they sold it because I think there were so many vacancies and vandalism and just the whole area

went downhill.

And so having had that apartment for many, many years

and depreciating it, he would have owed hundreds

of thousands of dollars in taxes, which he didn't have because he was literally

just about to retire and all of that many was his retirement and he would have had to pay it to

taxes.

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