Today's conversation with Charles LeMaire covers financial strategies for passive investors in multifamily syndications, investing in real estate with your retirement account, business tax-reduction tips, and more. Dive into this episode full of financial advice, be a sophisticated entrepreneur, and be prepared for any twists and turns in the investment market!
Key takeaways to listen for
Different types of retirement accounts and how they work for passive investing and business taxationBenefits of multifamily syndication for general and limited partnersWhat it’s like to be an operator in a multifamily syndication deal?Ways for new passive investors to be more sophisticated before getting into a deal Types of deals and agreements/contracts you should look out for as a general partnerThe importance of knowing how to position yourself financially in a shifting economic condition
Resources mentioned in this episode
The Hands-Off Investor by Brian Burke | Kindle, Paperback and Spiral-BoundPitch the Perfect Investment by Paul D. Sonkin and Paul Johnson | Kindle and Hardcover Best Ever Apartment Syndication Book by Joe Fairless and Theo Hicks | Kindle and Paperback Rich Dad Poor Dad by Robert Kiyosaki | Kindle and Mass Market Paperback
About Charles LeMaire
Charles was an electrical engineer (BSEE) by degree and retired in 2018. In the middle of college, he spent a short period in the Air Force and took some investing and business courses. With no prior experience and involvement in real estate at the age of 56, his wife dragged him to an investing meeting where they joined a mentorship program, and Brad Sumrok taught them to become wealthy through multifamily syndications.
Connect with Charles
Email:
[email protected]
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