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DGS 118: Investing in the United States
Description
What do you want to do with your life? Sit on the sidelines in a cubicle or travel the world? Take control of your life instead of watching it pass you by. Consider investing, start your own business, and enter the world of entrepreneurship.
Today, I am talking to Reed Goossens, Lead Asset Manager/Chief Operations Officer of Wildhorn Capital, about investing in the United States. After spending two years abroad, having a great time, and meeting the girl of his dreams, Reed returned to Australia to sit in a cubicle as a civil structural engineer and wonder how he could get paid to travel.
You'll Learn...[03:17] Real Estate Investing: Rich Dad Poor Dad ignited Reed's interest in being an entrepreneur.
[03:45] Reed's Journey: Leaving the safety of his cubicle in Australia to moving to America without a job for the love of his future wife.
[03:58] No job, no network, no problem: Took just six months for Reed to find a job in the United States and purchase his first investment property.
[04:29] Investing in the U.S. and 10,000 Miles to the American Dream: Reed went from reading Rich Dad Poor Dad to writing his own books on real estate investing.
[04:51] Structural Engineering: Prepared Reed for his future in America when it comes to construction. He's built about half-a-billion dollars worth of infrastructure worldwide.
[06:21] Do you want financial freedom? How to get started in real estate investing.
[07:37] Benefits: Real estate investing creates cash flow, appreciation, and amortization.
[08:07] Rental properties aren't turnkey, but property management is key to success.
[10:00] How to find a good property manager? Business culture with growth opportunity.
[14:10] Ok Boomer: It's not just about doing work whether you're miserable or not. People want meaning and purpose.
[15:27] Invest in Yourself: Self-educate by reading books, listening to podcasts, joining local meetup groups, and expressing a willingness to learn.
TweetablesStructural Engineer: Scheduling, foundation and soil issues, you name it, throw it.
You make money when you buy, you lose it through bad property management.
Culture: Critical and pivotal to foundation of business and why clients can trust them.
Change and grow. People want meaning and purpose. Get out of your own way.
ResourcesRich Dad Poor Dad by Robert Kiyosaki
DoorGrow Cold Leads Calculator
TranscriptJason: Welcome, DoorGrow Hackers to the DoorGrow Show. If you are a property management entrepreneur that wants to add doors, make a difference, increase revenue, help others, impact lives, and you are interested in growing your business and life, and you are open to doing things a bit differently, then you are a DoorGrow Hacker.
DoorGrow Hackers love the opportunities, daily variety, unique challenges, and freedom that property management brings. Many in real estate think you're crazy for doing it, you think they're crazy for not, because you realize that property management is the ultimate high-trust gateway to real estate deals, relationships, and residual income.
At DoorGrow, we are on a mission to transform property management businesses and their owners. We want to transform the industry, eliminate the BS, build awareness, change perception, expand the market, and help the