Have you ever thought about how a simple everyday transaction could teach you the easiest way to build wealth? In this episode, Rich Lennon shares an incredible real-life example involving his son’s bike purchase that perfectly illustrates the power of fractionalized notes and strategic investing. Get ready for a step-by-step breakdown of how small, smart financial moves can lead to impressive returns and a wealth-building mindset.
You’ll Learn How To:
What You’ll Learn in This Episode
(01:24) What a fractionalized note is and why it matters in investing.
(02:42) How Max identified an opportunity to help his friend Nick buy a bike.
(04:12) The bike’s poor condition and calculating repair costs.
(05:50) Negotiating the purchase price and assessing risk before investing.
(07:20) How Max structured the deal using borrowed money.
(08:45) Setting conditions for the loan and ensuring repayment.
(10:10) Overcoming unexpected delays and completing the bike repairs.
(11:50) Selling the bike at a profit and finalizing the financial returns.
(13:10) Applying this simple concept to real estate and wealth-building.
Who This Episode is For:
Why You Should Listen:
This episode provides a crystal-clear, real-world example of how small investments can turn into big returns. By breaking down each step of the bike purchase, Rich Lennon simplifies wealth-building concepts in a way that anyone can understand and apply. If you’re serious about making smarter financial decisions, this episode will change the way you see money, deals, and opportunities.
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