Al Gordon urges listeners to attend the upcoming Wealth and Passive Income Expo at the Irving Convention Center, emphasizing its unmatched educational value. He highlights a variety of breakout sessions tailored to all levels of real estate investors—from absolute beginners to experienced multifamily owners. Key sessions cover topics such as avoiding first-time investor mistakes, leveraging tax strategies, utilizing DSCR loans without a job, and analyzing deals using Lifestyles Unlimited’s proprietary Quest tool. This is a can’t-miss, high-impact educational opportunity for anyone serious about building wealth through real estate.
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30:56
From Hands On to Strategic Real Estate Success
Al Gordon welcomes Don, a longtime real estate investor who joined Lifestyles Unlimited in 2022 despite already being financially free. Don shares how his passion for hands-on, creative renovation projects gradually shifted as he embraced the Lifestyles Unlimited philosophy of working on the business rather than in it. Through this transition, he found a more efficient and scalable approach to investing. Don stays engaged with the Lifestyles community by sharing his experience, offering contractor contacts, and practicing the “trade the trades” strategy to help others succeed. His story highlights the ongoing rewards of both active involvement and strategic networking in real estate.
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27:32
The Retirement Plan That Doesn’t Run Out
Mike Harrison shares the simple yet powerful financial principle that transformed his life: Return on Net Worth (Passive Income ÷ Net Worth). He challenges the traditional model of retirement based on depleting savings and instead advocates for financial independence through passive income that fully covers living expenses. Harrison emphasizes that only through creating reliable streams of passive income—especially from real estate—can individuals achieve lasting financial freedom, regardless of age.
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32:51
Don’t Let Property Taxes Eat Into Your Profits
Andy Webb emphasizes the importance of understanding your property taxes, especially as rising valuations and tax rates in Texas can significantly impact investors' cash flow. He notes that many property owners may be surprised by the recent “Notice of Appraised Value” showing steep increases. Fortunately, Andy explains that owners have the right to protest these valuations — a process he has personally and successfully used for over a decade. He encourages investors not only to file protests by the May 15th deadline but also to consider markets with lower taxes and insurance costs if the burden in Texas becomes too great. Understanding and managing property taxes is essential to maintaining profitability and long-term investment success.
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32:58
Lessons from Legends: Investing Wisdom Found in Fairy Tales
Al Gordon highlights the importance of understanding wealth-building principles through fairy tales that offer life lessons. Drawing from the tales of the shoemaker, Puss in Boots, and the three little pigs, he illustrates key themes such as collaboration, ethical wealth-building, and prudent planning in real estate. These stories emphasize how working together, staying ethical, and making thoughtful decisions can lead to success. Al concludes by encouraging listeners to adopt a customized investment plan for their retirement, stressing that real estate is the pathway to achieving financial freedom in five years or less.
About The Lifestyles Unlimited Real Estate Investor Radio Show
Lifestyles Unlimited is the expert real estate investing education and mentoring group that walks individuals through the process of creating passive income by effectively investing in residential real estate assets, from Single Family homes to large-scale Multifamily apartment communities; and connects like-minded investors!
Listen to The Lifestyles Unlimited Real Estate Investor Radio Show, Cost of Living and many other podcasts from around the world with the radio.net app
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