Show notes
Real estate investing offers the potential for creating generational wealth for your family. However, this potential will be only realized with the right mindset, expectations, and skillset. Bill Ham, Chief Operating Officer at Broadwell Property Group, joins us in this episode to talk about how to create generational wealth the right way and the 3 pillars of real estate you should know. As you start your real estate journey, you may be drowned by the hundreds of tabs in the Excel sheet and the millions of dollars you need to consider. Well, real estate is not as complicated as you think it is, and Bill will tell us why. Tune in now and learn how to create generational wealth![00:01 - 05:34] Opening SegmentI introduce Bill HamHow he went from flying airplanes to taking off real estate deals [05:35 - 15:48] Shaping Your Entrepreneurial Mindset Early Bill’s “Aha!” moment in real estate How his childhood shaped his entrepreneurial mindset Don’t miss Bill’s sneak peek on his business model[15:49 - 26:29] Creating Generational Wealth The biggest mistakes in creating generational wealth His tips for general partners you should not missA limited partner’s guide to real estate investing Bill’s interesting suggestions [26:30 - 38:05] Underwriting a Deal You don’t need a couple of years to grasp real estate Why you should learn the basics of real estate underwriting Real estate is not as complex as you think it is[38:06 - 47:59] 3 Pillars of Real Estate Connect with Bill Links below3 pillars of real estate you should knowBill gives us a sneak peek of his bestselling book, Creative Cash [48:00 - 50:14] Closing SegmentFinal words from Bill and me Tweetable Quotes: [Real estate is] a very very difficult business to accomplish with no partners and no investors and without using other people’s money.” - Bill Ham“Legacy wealth is held in skills, not in real estate. Legacy wealth is held in information, not in business.” - Bill HamResources mentioned:Marques OgdenJake & GinoBooksBill’s book: Creative CashHow to Win Friends & Influence People------------------------------------------------------------------------------------------Connect with Bill on LinkedIn and Facebook. Check out Broadwell Property Group and add performing multifamily properties to your portfolio!Guest email: [email protected] Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> [email protected] the Show.