Financial Independence Success: Rock Bottom to Cash Flow Freedom with Greg Gaudet

Passive Wealth Strategy Show - Real Estate for Busy Pros

Greg Gaudet is a Real estate investor at Maui Home Buyers and Business Development Manager at Premier Restoration Hawaii. He is actively rehabbing and flipping properties on Maui in order to rehab distressed properties and create affordable housing for struggling local families. Greg shares an amazing and inspiring story with us about how he went from struggling with addictions to being homeless to deciding to become an investor and having an amazing life in Maui, which is one of the most difficult markets in the world.

[00:01 - 15:01] Rising from the Ruins and Living the Life of Your Dreams

• Greg shares his negative experiences, including addiction and homelessness
• How Greg was able to achieve financial independence and build the life of his dreams
• The book Start Late Finish Rich on a mindset shift from earn and spend to save and invest

[15:02 - 28:43] Escape Wall Street: Reaching Financial Freedom

• Lessons learned and challenges faced on house flipping and being hands-on
• Working for 60 years of your life is close to slavery - escape from it
• Addressing the need to create financial independence by investing in rental properties

[28:44 - 38:09] Closing Segment

• A quick break for our sponsors
• The first step to growing your wealth is tracking your wealth, income spending, and everything else about your finances. You can start tracking your wealth for free and get six free months of wealth advisor. Learn more about Personal Capital at escapingwallstreet.com
• What is the best investment you've ever made other than your education?
• His first single-family house
• Greg Gaudet’s worst investments
• A flip that only made $50,000
• Focusing on day trade on cryptocurrencies
• What is the most important lesson you’ve learned in business and investing?
• Remember where your focus is and stay in your lane

Connect with Greg Gaudet through Linkedin, their website, and email [e-mail].

Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

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Tweetable Quote:

“I finally recovered and was able to build the life of my dreams now through real estate. My dream was to not have to work for somebody else for the rest of my life.” - Greg Gaudet