Oct, 2024

10 Wealth Plays To Win The Money Game Forever

Need some advanced investing tips? Learn 10 ways to win at money FOREVER from successful multifamily real estate investor Rob Rowsell. Rob has learned from years of both good and bad choices how to properly invest his wealth and accrue passive residual income – the safest choice for a happy, healthy retirement.

Advanced Investing Tips: 10 Winning Money Plays

Rob starts off this clip by explaining some of his best advanced investing tips. Specifically, he wants you to win the money game forever with these ten winning plays!

Make the decision to be wealthy. Only you know what you’re capable of, and how motivated you are. Take inventory before deciding to grow wealth.
Invest in yourself. Take time to increase both your earning ability and your financial sophistication level. Learn all you can about your Active Income job, as well as financial strategies that earn Passive and Horizontal Income.
It’s not about income. It’s about surplus invested wisely over time. Remember this formula: Income – Expenses = Surplus.
Harness Time. Compound interest is magic over time.
Build an extraordinary company by:
1. Intelligently investing Active Income
2. Pay yourself tax efficiently
3. Deliberately use Active Income to contribute to your Net Worth.
4. Grow your company’s value. This unrealized gain is extremely tax efficient!
5. Consider going intentionally Passive. This transitions your company into the ultimate PRI opportunity through Strategic Depth and succession plans.
Bet on yourself. When you invest in your Advantages and not your weaknesses, you tilt the playing field in your favor.
Avoid foolish capital losses! Trust your wealth plan. You do have one, right?
Erect protective legal barriers and create sound succession plans. When storms strike, it’s too late to build your shelter, so be prepared.
Build a solid wealth team! You wouldn’t run a company by yourself, so why run your Net Worth alone? Surround yourself with people more knowledgeable than you, from Financial Advisors to CPAs to Business Coaches. However, you must stay in charge at the end of the day and build Strategic Depth.
Ultimately, wealth is a mental AND emotional game. To win, you must keep upgrading your Wealth Operating System.

Join Our Multifamily Investing Community Today

Do you own your own multifamily rental properties? If not, do you plan to do so one day? Then you should consider joining our online discussion group, the ATL Inner Circle Community! Each month, investing pro Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not quite as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate, so having a successful guide in your corner like Rob is a must! Sign up today!

17

Oct, 2024

Top 5 Expenses That Are DRAINING Your Wealth Bucket

These wealth draining expenses are essentially holes in your investing income bucket! Multifamily investing success Rob Rowsell advises how YOU can cut expenses and keep filling your wealth bucket!

Five Wealth Draining Expenses You Should Know About!

Rob lists his top five wealth draining expenses in this video. Here they are, in order:

Expense #1: Ignorance

This may be the easiest trap to fall into for investors. When you have succeeded in one field with minimal effort, you likely will become overconfident. Remember, just because other past endeavors came easy to you, that does not mean that multifamily real estate investing will. This path is a lifelong pursuit, and you will find it to be both complex and competitive.

Expense #2: Taxes

Next to ignorance, nothing can cost you more as an investor than taxes can. “Tax Drag” as Rob refers to it as, can really poke holes in your wealth bucket. Conversely, you can plug those holes legally with the help of your accountant. When you employ the strategies your CPA recommends, the money you save in taxes will count as a big income stream! Remember, the US government has placed many tax incentives in place for real estate investors. Maximizing your wealth depends on finding and employing those incentives.

More Wealth Draining Expenses – Expense #3: Vitality Number

How could your vitality number be one of these wealth draining expenses? If your vitality number (cost of living) is too large, you are flushing cash down the drain. Your parents told you to live within your means, but Rob says live within your values! The alternative is just vanity. Get out of the habit of spending too much today, so you will have a comfortable lifestyle after you retire.

Expense #4: Fee Drag

Accountants, financial advisors, and coaches are crucial to our wealth building journey. However, it is important to periodically audit their services. Are you paying your wealth strategy team too much in fees for what they bring to the table? Keep your eye on the ball, because what you are paying them in fees could be taking a huge chunk out of your wealth bucket. Rob’s tip: insist on meeting with your financial team members via your own Zoom account. Record every meeting, and make sure you integrate the Fireflies AI note taking service with your Zoom app. This way, every piece of advice they give you is both on video and in writing, saved in folders for you to review later.

Expense #5: Inflation

In today’s economy, inflation is on everyone’s minds. The cost of goods and services has gone through the roof lately. With that said, make sure you add 10% to your Vitality Number. Don’t get caught lacking when it’s time to cash out and retire, because this trend will likely continue.

Don’t Fall To Wealth Draining Expenses! Join Our Multifamily Real Estate Investing Community

Do you own multi-family properties? If not, do you aspire to one day? Then you should consider joining our online discussion group, the ATL Inner Circle Community! Each month, Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate, so having a successful guide in your corner like Rob is a must! Sign up today!

8

Aug, 2024

Crowdfunding Real Estate Investment: Is It Right For You?

Watch this video on YouTube

There are many ways to fund your property investments, but one online method may work better for some than others. Crowdfunding Real Estate investments? Yep, that is a real financing technique, and many property investors have succeeded using it. Like any technique for raising capital, it will take a LOT of work. Likely, it will take even more work than many conventional funding efforts. However, if you have a vast network of supportive partners, friends, and family who are active online, this might be ideal for you! Bookmark this blog entry, because you will want to come back to it!

Crowdfunding Real Estate Investments? How Does That Work?

You probably have contributed to crowdfunding campaigns over the years. Remember your generous contribution to your nephew’s rock band’s Kickstarter in order to fund their debut album? How about the time you pitched in to help a friend across the country with their medical bills via GoFundMe? These one time donations end with a finite goal. While some platforms allow for beneficiaries to award perks to their contributors, you are mostly in it to help a friend. Any benefits you receive are strictly intrinsic. But we are talking about crowdfunding real estate investments here! How can a property investor get in on the action, while also rewarding those who contribute?

When Rob brought up this method in a recent Inner Circle Community call, he revealed that he has only used crowdfunded an investment once. He is also currently using this strategy for a large housing community build in Las Vegas. Experience taught him that you do not need to be accredited to engage in crowdfunding real estate investments.

You may also lower your limits for involvement using this strategy. Supporters for his Las Vegas build only need to invest $5,000 to get in on the ground floor. Until recently, the US Government limited crowdfunding campaigns to one million dollars. However, they have now set the cap at five million dollars.

Despite these advantages, there are a few notable drawbacks. There are a lot more administrative tasks involved than traditional capital funding syndication. Your books must be certified annually by a reputable CPA. Some platforms, such as Yieldstreet and Fundrise, specifically focus on private investments like real estate.

Perform your due diligence, and inspect every detail. Consider that crowdfunding will take more effort to set up than what you are used to, but if you have contacts eager to invest in your property using this method, it might be right for you.

Join Our Community

Do you own multi-family properties? If not, do you aspire to one day? Then you should consider joining our online discussion group, the ATL Inner Circle Community! Each month, Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate, so having a successful guide in your corner like Rob is a must! Sign up today!