The Best Ever CRE Show JF 3969: Financial Freedom Through LP Deals, Whole Life Hacks, Investing Mistakes to Avoid ft. Chris Miles
Jul 17, 2025
Chris Miles, founder of Money Ripples and a former financial advisor, shares his compelling journey to financial independence through alternative investing. He discusses the importance of LP investing and diversification across asset classes like oil and gas and multifamily real estate. Chris dives into the concept of infinite banking, optimizing whole life insurance for tax-free returns, and the lessons learned from his past investing mistakes. His insights challenge traditional beliefs and emphasize flexibility and control in achieving true financial freedom.
AI Snips
Chapters
Books
Transcript
Episode notes
Chris's Journey From Scarcity
- Chris Miles recounts growing up with scarcity mindset in his family and vowing not to follow in his father's footsteps.
- His early career in financial advising ended after the 2008 crash, leading him to alternative investing and personal financial freedom.
Active Real Estate Pitfalls
- Chris explains how active real estate investing burned him with bad tenants and market crashes.
- He lost significant equity during the financial crisis and moved away from hands-on management.
LP Investing Limits Liability
- Limited partnership (LP) investing offers limited liability, protecting investors' personal assets.
- Being an LP reduces risk compared to general partnership (GP) or active investing.
