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Wealthy Way

How to Build Generational Wealth In 5 Years (2024 Update)

Apr 9, 2024
Explore the transition from part-time to full-time real estate investing, finding lucrative deals, and utilizing partnerships to build wealth quickly. Learn about strategies for creating legacy wealth in real estate, including wholesaling, direct seller marketing, and community involvement. Discover the key steps to maximizing wealth and creating generational assets through strategic property investments.
36:16

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Quick takeaways

  • Choosing between part-time and full-time real estate investing depends on factors like income level and job satisfaction.
  • Generating sufficient capital through active income is crucial for successful real estate investing and wealth accumulation.

Deep dives

Building Legacy Wealth through Real Estate Investing

Investing in real estate can be a powerful way to build legacy wealth for yourself and your loved ones. Whether you choose to pursue real estate part-time or full-time, both avenues can lead to success. The speaker, Ryan Panetta, shares his personal journey in real estate investing, starting as a part-time investor while playing professional baseball and transitioning to full-time. By flipping properties and buying rentals strategically, he was able to generate significant income and equity, setting the foundation for long-term wealth.

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