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Rental Properties Always Beat Markets Long Term

Gary's Gulch

Release Date: 11/03/2023

Finding Purpose and Growing your Ideal Tribe show art Finding Purpose and Growing your Ideal Tribe

Gary's Gulch

In this episode I replay a conversation I had for an upcoming Purpose and Cause book I'm writing with other graduate members of Tammi Brannan's Blueprint Process community. We discuss my unique purpose to help business owners, real estate investors and legacy-minded families grow their agency and freedoms. We also discuss a bit of my journey with God and how it has helped me gain focus and specificity on what I do, with whom I do it, and why.   Highlights Never finish, always grow Importance of purpose Transformation through self-awareness Freedom through spiritual connection Letting...

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Gary's Gulch

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Gary's Gulch

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I provide a brief sneak preview of my trip report from visiting MidSouth home buyers in Memphis, TN, and Little Rock, AR.  Then I discuss part 2 in our current 3-part focus series, the financial stages of life = Income. Highlights Arkansas: Landlord-friendly laws. Memphis rehabs and new construction. Income phase discussion. Transition to income phase. Trading assets for cash flow. Annuities and financial planning. Reverse mortgage benefits. Turning assets into cash flow. Importance of integrity in investments. Links and Resources from this Episode Connect with Gary Pinkerton ...

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In this first of the three-part series on financial phases of life in the 21st century, we focus on growing the assets - How, When and in What order. I also give a trip report from Miami and Vegas and a prelude to the many events I have coming across the US this year. I'd love to connect with you in person for masterminding, drinks or dinner and fellowship. Highlights Phases of adult financial life: growth, income, legacy. Longevity of growth phase compared to animal behavior. Concept of legacy beyond wealth. Importance of remaining in growth phase for mental health. Mindset of abundance and...

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Gary's Gulch

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Gary's Gulch

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Gary's Gulch

I'm often asked what I learned in the military, or at the US Naval Academy; commanding a nuclear submarine; or as a Division Director for the Pentagon Joint Chiefs. I'll get to those in dedicated future episodes that are in the queue, but today I want to address business lessons and what that shift from W2 earner in the military for almost 30 years to a sales career and business ownership taught me. I cover why I chose what I did and the keys to success that I learned. These are applicable to all aspects of living an inspired and abundant life - listen in and let me know if these nuggets...

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Gary's Gulch

This is the third episode in the Cash Flow - Wealth - Protection series and in it I spend time tying the three tenets or elements together to help ensure your continued success. I also update on my upcoming trips with the goal of meeting those of you that will also be there in person for some powerful masterminding and fellowship. Highlights Upcoming travel and connection opportunities Investing in personal growth First-time property visit in Memphis Lessons from the parable of water carriers Importance of innovation in business The significance of protecting yourself and your assets Life...

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This episode is the tale of two families I know, both have strayed from tier 2, betting on themselves and their directly owned businesses and rentals, into the glitter of the market fairy tale. They were convinced to bet on a good story, not themselves and the assets they control. Come learn why that is always a sucker's bet.

 

Highlights

  • The speaker criticizes Certified Financial Planners (CFP) for not guaranteeing results despite presenting precise financial plans.
  • The emphasis on self-reliance in financial planning is celebrated, suggesting it can lead to greater agency.
  • The second client case study, "Franco", underlines the importance of self-reliance. Despite having a substantial real estate portfolio, Franco experienced difficulty maintaining his income when he shifted focus away from his personal performance.
  • The speaker dives into the case of his friend Franco, who heavily invested in real estate for cash flow over the past 15 years. He critiques this strategy given the current market environment and emphasizes the importance of owning hard assets.
  • The speaker introduces the acronym I-D-E-A-L as it relates to real estate investment: Income, Deductions, Equity, Appreciation, and Leverage. He encourages a more strategic and sophisticated investment approach.
  • The discussion moves on to the power of leverage in real estate and appreciation, emphasizing their symbiotic relationship. The speaker explains that when one is low, the other tends to be high, showing the resilience of real estate as an investment.
  • A strong note of warning is given against outsourcing one's financial future to external entities, drawing on examples from specific investment firms. The speaker argues this exposes individuals to unnecessary risk and the 'market fairy tale'.
  • He strongly urges listeners to not give up agency and control of their financial success, reiterating the benefits of self-reliance and individual responsibility in achieving financial success.

 

Links and Resources from this Episode

 

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