61: Laying Foundations: Establishing Generational Wealth through Real Estate with Tanya Blanchard
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Description
Do you dream of leaving a lasting legacy for your children? Today on The TSP Show, we sit down with Tanya Blanchard, a mortgage expert from Madison Chase Capital, who shares her 19 years of experience in building generational wealth through real estate. With a passion for active wealth-building, Tanya teaches you how to systematically buy your first property and leverage existing ones. She emphasizes the power of real estate as an investment that pays dividends for generations to come. In this episode, she helps you start your journey toward financial freedom today. Tanya's practical advice centers around building financial literacy, providing the tools to assess personal financial situations and actively plan for the future. By avoiding common pitfalls, like reverse mortgages, you can pave the way to homeownership and leave the legacy your family deserves. This episode is an empowering resource for those eager to be the first in their family to build a real estate portfolio. Tune in to The TSP Show and embark on your path toward financial prosperity and generational wealth.  Watch full episodes of the TSP Show on The Convo app. Wednesday nights at 8pm ET: https://www.theconvo.tv/ Want to keep up with Tanya Blanchard? Find details here: ► Website:https://mccapitaladvisors.com/ ► Courses:https://tanya-blanchard.mykajabi.com/ ► Instagram:https://www.instagram.com/madisonchasecapitaladvisors/?hl=en Want to keep up with Traffic Sales and Profit? Find details here: ► Podcast: https://trafficsalesandprofit.com/podcast ► Get your FREE Traffic Sales and Profit Book here https://freetspbook.com/tsp-book ► Subscribe to the YouTube channel: https://youtube.com/trafficsalesandprofit ► Upcoming Live Events: https://trafficsalesandprofit.com/events/ ► Join our FREE Traffic, Sales & Profit Facebook Group: https://www.facebook.com/groups/TrafficSalesProfit/ ► Follow us on Instagram: https://www.instagram.com/trafficsalesandprofit/ ► Follow Lamar on Instagram: https://www.instagram.com/lamartyler/ KEY TAKEAWAYS [00:00:00] How to Get Into The Game [00:02:00] Living  Off Commission Only  [00:04:00] Building Generational Wealth [00:10:00] Setting  Up Your Kid’s Success [00:11:30] Why Ownership Trumps Renting [00:15:00] Creating Security and Building a Legacy [00:17:00] Don’t Let Your Kids Start from Scratch [00:18:00] The Fallacy of Reverse Mortgages [00:22:00] You Won’t  Regret Buying  [00:26:00] First-Time Home Buyers...
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