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Social Proof Podcast

Building A Massive Real Estate Portfolio - Episode #224 (Social Proof 7)

Social Proof Podcast

Social Proof Network

Entrepreneurship, Business

52K Ratings

🗓️ 28 February 2022

⏱️ 73 minutes

🧾️ Download transcript

Summary

Our ability to diversify our investments is crucial to long-term financial stewardship, fiscal protection and success. Real Estate should be a part of your wealth building strategy but where do you start? What is the best type of Real Estate to invest into? In this episode of the Social Proof 7, Terrica Smith,Eddy Benoit Jr. , Dr. Jamisa McIvor-Bennet, Doug Depte, A. Donahue Baker & Christopher Senegal join us for a 2 part conversation about Building A Massive Real Estate Portfolio.


  • Finding your first property : how to identify and move towards ACQUIRING your initial piece of real estate.


  • Community development and financial education while empowering others to buy real estate.


  • Public Private Partnerships: How working together with different parties accelerates the building of a portfolio.


  • Owning Neighborhoods VS. Individual Properties : What the major differences are long-term.


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Terrica’s IG :

https://www.instagram.com/femalerealestateguru/


Eddy’s IG :

https://www.instagram.com/eddybenoitjr/


Dr. Jamisa’s IG :

https://www.instagram.com/rosebudsinvestments/


Doug Depte’s IG :

https://www.instagram.com/dougdepte/


A. Donahue Baker’s IG:

https://www.instagram.com/adonahuebaker/


David on IG http://www.instagram.com/sleepis4suckers



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Transcript

Click on a timestamp to play from that location

0:00.0

The wealthy, they don't sell their assets.

0:02.1

They hold on to it.

0:03.4

They refide it.

0:04.8

And when it comes time to pay the taxes on that,

0:06.8

what they do, they defer, defer, defer, die.

0:10.9

And then they give those assets odd,

0:13.3

and their ears inherit the asset at a stepped up basis.

0:17.2

So the taxes they owned before wiped out

0:19.8

and that cycle gets repeated.

0:21.4

And three, two, one.

0:24.8

You're listening to The Real Social Proof Podcast

0:30.3

with Mr. Sleepers for Suckers himself, David Shand.

0:35.2

Let's get it.

0:36.1

All right, welcome to another edition

0:37.3

of The Social Proof Podcast,

0:38.8

the episode of Social Proof 7.

0:42.3

Oh, all right, come on.

0:43.3

Come on.

0:44.3

Come on.

0:45.1

Welcome.

0:46.0

Welcome.

0:47.4

Come on.

...

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