Why Wealthy People Pay Less Taxes Legally
Dropping Bombs
Brad Lea
4.8 • 2.3K Ratings
🗓️ 9 December 2025
⏱️ 71 minutes
🧾️ Download transcript
Summary
This episode sponsored by Shannon Robnett Industries
LightSpeed VT: https://www.lightspeedvt.com/
Dropping Bombs Podcast: https://www.droppingbombs.com/
In this game-changing Dropping Bombs episode, second-generation developer Shannon Robnett reveals how ground-up development destroys traditional buy-and-hold syndication.
With $425 million in completed projects and $140 million under management, Shannon breaks down the brutal lessons from losing $5 million in '08, surviving addiction recovery, and rebuilding to consistent 25% investor returns through tax-advantaged multifamily and industrial deals.
Shannon breaks down the secrets separating legitimate operators from hype machines, the refinance strategy returning 60% of capital by year three, and why Dave Ramsey's debt philosophy leaves billions on the table—plus the exact questions to ask before investing a single dollar. If you're ready to escape landlord hell and let your money work while you sleep, this episode is your blueprint.
🔗 Connect with Shannon Robnett
Instagram: https://www.instagram.com/shannonrayrobnett
Website: https://shannonrobnett.com
LinkedIn: https://linkedin.com/in/shannonrobnett
Facebook: https://facebook.com/shannon.robnett
YouTube: https://www.youtube.com/@ShannonRobnett
Podcast: Robnett's Real Estate Rundown
Watch the full-length video version of any Dropping Bombs episode here on YouTube.
Brad Lea is a self-made entrepreneur who turned small-town grit into a multi-million-dollar empire. With over 25 years dominating sales and leadership, he's mentored thousands to outsmart, outwork, and out win their competition. His top-rated podcast, Dropping Bombs, brings raw, game-changing insights from the biggest names in business.
LightSpeed VT is Brad's brainchild—the world's leading interactive training platform. It's built to make your team sharper, faster, and more effective, without wasting time or money. Whether you're a startup or a Fortune 500, LightSpeed VT is how you scale success and dominate your industry. Curious? Check it out:
https://www.lightspeedvt.com/
Brad's also behind Closer School, the go-to program for mastering sales and closing deals like a pro. Want to 10x your income? This is where you start. His book, The Hard Way, lays out the brutal, honest lessons he learned building his empire—your blueprint to winning the game. Get it here: https://bradlea.com/product/the-hard-way/
This isn't just a video. It's a wake-up call. Watch it. Share it. Act on it.
Closer School: https://www.closerschool.com/cs
Transcript
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| 0:00.0 | I lost everything in 08. |
| 0:01.4 | The housing market is rock solid. |
| 0:05.1 | It's a time bomb. |
| 0:06.8 | We currently have about $140 million under management. |
| 0:10.0 | We consistently raise between $12 and $17 million a year pretty easily. |
| 0:15.0 | The typical return for our investors is about a 25% IRA. |
| 0:18.9 | You're getting your Hyundai back plus a Hyundai. |
| 0:20.7 | How do I know if I throw money to you? |
| 0:22.8 | You're not whacking me on the construction. I get paid more if I make you more. There's good debt and |
| 0:29.1 | there's bad debt. Not according to Dave Ramsey. Don't get me started on that guy, man. |
| 0:33.0 | You look at what Elon did when he bought Twitter. He just leveraged his stocks. He still owns the stock and he owns Twitter. |
| 0:39.3 | BlackRock scooping up houses left and right. They know you need a house. They know everybody needs a house and people will pay for that. |
| 0:46.3 | We have about a four and a half million house shortage in America right now. It's going to take eight or nine years till we have a supply that is equal to or greater. |
| 0:56.0 | And until that happens, you're going to have a constant demand for it. |
| 0:59.0 | Making money is not hard. It's knowing what to do with it so that it does something that doesn't need your time right now. |
| 1:06.0 | What do you think the initial lump sum of somebody to get into real estate would be. |
| 1:16.0 | What it is, Brad Lee, back again with another episode of dropping bombs. Listen, if you guys |
| 1:21.3 | like money, pay attention, pull over your car, stop the treadmill, get out your pen and your |
| 1:25.8 | paper, especially if you like recurring revenue, |
| 1:29.0 | tax advantages, and real estate. Because today's guest is Shannon Robnett. What's happening? |
| 1:34.7 | Not much, Brad. Thanks for having me. Now, folks, if you guys want to follow them and I know you're |
| 1:38.1 | going to at Shannon Ray Robnet. Rob net is R-O-B-N-E-T-T-T. This dude's been in real estate for over 35 years, helps investors and |
... |
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