REI075: Financial Planning + Real Estate Investing w/ Mark Willis

On today’s show, Robert Leonard chats with Mark Willis to talk about how to properly manage real estate properties, proactively use equity, tax reduction strategies, other creative real estate funding solutions, and much, much more. Mark is a Certified Financial Planner (CFP), a three-time #1 best-selling author, and the owner of Lake Growth Financial Services, a financial firm in Chicago, Illinois. He is also the co-host of the Not Your Average Financial Podcast. 

IN THIS EPISODE, YOU’LL LEARN:

3:51 - Why many financial advisors and planners don’t recommend real estate to their clients and why Mark made the switch to real estate 6:39 - How to properly manage real estate properties12:23 - What it means to “proactively” use equity and how to do it 15:48 - How real estate plays into someone’s tax strategy and what the other components of a tax strategy are 19:59 - The benefits of doing financial planning and preparations one can do to achieve early retirement 29:11 - What the worst and most common mistakes people are making financially32:11 - What the very first thing to look at when assessing one’s current financial position and where to begin in one’s personal finance journeyAnd much, much more!

BOOKS AND RESOURCES

Get more FREE content from RobertGet a FREE audiobook from AudibleMark Willis’ podcast, Not Your Average Financial Podcast Chad Carson’s book Retire Early with Real EstateMichael Blank’s book Financial Freedom with Real Estate InvestingAll of Robert’s favorite booksSupport our free podcast by supporting our sponsors

Read this episode’s transcript and full show notes on our website.

Connect with Mark: Facebook | Twitter | LinkedIn | Website

Connect with Robert: Website | Instagram 

HELP US OUT!

Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!