LIVE Wealth Building Mastermind

Land Broker Insider

On this episode, Kasey delivers a Mastermind on the significance of setting goals for financial health and overall life balance before diving into wealth building strategies. He highlights the need to have a compelling "big why" behind one's pursuit of wealth rather than solely focusing on money itself. Kasey discusses various strategies for real estate investment, including buying multiple homes with financing, flipping properties, and investing in land. He explains the advantages and disadvantages of each approach, emphasizing the importance of not working for the same dollar twice. Kasey also highlights the tax benefits of investing in residential multifamily and commercial real estate. Kasey shares various ways to save on taxes, emphasizing the importance of maximizing profitability in business. He explains the use of the Augusta Rule, which allows renting personal property for tax-free income, and also highlights paying children a tax-free salary and utilizing cost segregation for rental properties as effective strategies.