Ep 236 - We Asked The Money Coach

Brown Ambition

iHeartPodcasts

Careers, Education, Self-improvement, Investing, Business

4.9 • 2.5K Ratings

🗓️ 30 September 2020

⏱️ 69 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week we're back with another interview. We got to talk with Lynnette Khalfani-Cox, The Money Coach. She is a personal finance expert, speaker, and author of 15 money-management books, including the New York Times bestseller Zero Debt: The Ultimate Guide to Financial Freedom. We talked to her about how she's slowly building her real estate empire. You'll hear: Buying a property with a recourse mortgage (37:25) What it's like to manage the paperwork and logistics when you have multiple tenants in the same property? (40:16) Staying diversified, how to think about investments like stocks versus real estate (49:07) The link between age and risk tolerance (59:17) We love Lynnette so much and we were honored to have her back on the show! And don't forget about our new merch store. Use the promo code BROWNAMBITION15 to get 15% off your BA swag at https://brownambitionstore.com/ Shout out to our wonderful sponsors: http://rothys.com/brownambition http://betterhelp.com/brownambition – Special offer for Brown Ambition listeners, get 10% off your first month http://fiverr.com – Receive 10% off your first order by using our code BrownAmbition Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hey, the A-Fam. We are five years into making this podcast that we love so much called Brown
0:04.8	Ambition and we could not do it without you. We've gone from me and Tiffany sneaking around my
0:10.4	old office building, trying to find places to record. And thanks to you guys, we now have 100,000
0:17.3	downloads per month for this little show called Brown Ambition. We would love to ask y'all for
0:22.8	a small favor as fans of the show. Tiffany, what are we looking for? Here's what we'd love for
0:27.6	you guys. We already have over a thousand reviews and a five star rating on iTunes. But you know
0:34.0	it's better than a thousand reviews, two thousand reviews. If you get head on over to iTunes,
0:39.8	go to our Brown Ambition page, scroll on down to the bottom, subscribe, and leave us a five star
0:46.4	rating and a review. So subscribe, rate, review. Not too much to ask right? Easy peasy. We love you
0:52.4	guys and thank you so much for making Brown Ambition what it is. The last five years have been
0:57.0	amazing and it's all thanks to you.
1:20.1	Oh, I don't know too much.
1:22.8	You took us on a journey there. That's what we call a run in Singertop. You might not know that
1:28.9	because you don't say that. Was that what that was? All right, sounded like you tripped a comment.
1:36.3	Oh, man, it's too early in the show for this shade. I'm sorry. No, no, no, no, no, it's okay. I like
1:40.0	shade. You know, no, light shade is fun. No, friendly shade, friendly shade. Speaking of shade,
1:45.7	I'm trying to find a segue to talk about the thing that everyone's talking about today. Did you
1:49.6	read about Trump's text? Oh, Lord. I mean, surprise is not the motion I have. No, because we all
1:58.8	knew this man did not did everything he could to get out of paying taxes. My emotions are what,
2:04.8	where are you at? Where are you at? I've heard from friends who are like, whatever, nothing's
2:08.4	going to touch this man. Like they're just like so done. And I've heard from other friends who
2:12.4	are super outraged. Like where are you at? Honestly, I was actually surprised it was as high as
	...

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