
74. Wealth Building 101: Wendy's Journey
Empire Building
00:00
Do You Still Own That House?
You were doing income producing real estate activities, what I would call you were building, developing and flipping in order to increase your income. The best example of that is we bought a piece of land, it took us over a year to subdivide it, like just the process in Austin and slow. And then we took that cash from the subdivision and we dumped it into another house that we renovated and we were going to flip it. We actually ended up keeping that because the market started to tanking in Austin. So we had to keep that as a rental because we couldn't sell it.
Transcript
Play full episode