Q&A: Multi-Level Marketing Schemes, Turn-Key Real Estate Investing & High-Interest Student Loans

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May 15, 2025

The hosts dive into the intricacies of high-interest student loans, offering practical refinancing tips. They discuss the importance of balancing debt repayment with early investing strategies. The conversation touches on the pitfalls of multi-level marketing schemes and the risks associated with turnkey real estate investments. Listeners are given advice on navigating financial decisions with simplicity and caution, while exploring ways to structure a diversified investment portfolio. Personal stories enhance the discussion about entrepreneurship and financial empowerment.

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ADVICE

Refinance and Invest Early

Use sparrowfi.com to shop for better student loan refinance options like you shop flights.
Max out your Roth IRA while paying down debt to benefit from compound interest over time.

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ADVICE

Use Income Assets Carefully

Use income-producing assets like NEOS funds to help pay monthly student loans.
Avoid taking on more debt to invest in uncertain assets expecting to pay off loans.

volunteer_activism

ADVICE

Start Small in Real Estate

Avoid turnkey real estate companies due to opaque fee structures and high costs.
Start with small local real estate projects, partnering with experienced people for better returns.

Get the Snipd Podcast app to discover more snips from this episode

Navigating Student Debt and Investment Strategies

01:43 • 6min

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Navigating High Student Loan Debt and the Importance of Early Investing

07:19 • 3min

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Leveraging Investments for Debt Management

10:08 • 3min

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Navigating Financial Strategies: Simplicity Over Complexity

12:49 • 2min

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Navigating Real Estate Investments: The Pros and Cons of Turnkey Properties

14:41 • 5min

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Navigating Investment Risks

19:55 • 10min

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Navigating Learning and Note-Taking in Podcasting

30:17 • 4min

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Execution in Investment Strategies

34:10 • 10min

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Navigating Entrepreneurship: Funding, Risks, and Realistic Expectations

44:06 • 3min

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In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions!

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👤 Explore everything Austin does –⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

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Disclosure: A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. As of 5/15/25, the average, annualized yield to worst (YTW) across the Bond Account is greater than 6%. A bond’s yield is a function of its market price, which can fluctuate; therefore, a bond’s YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠Fee Schedule⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. See⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://public.com/disclosures/bond-account⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to learn more.

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