In this episode, we get creative about:
Lou’s story from his first memory of the benefits of owning real estate, to becoming a real estate legend!
The power of understanding laws and tax codes to play the game.
How Lou created The Path to Homeownership for his tenants.
Resources + Links:
Find more resources and training from Lou!
YouTube Channel | https://www.youtube.com/c/StreetSmartInvestor
Website | Streetsmartinvestors.com
Call 1-800-578-8580 to learn more about Lou's offerings!
Check out the book mentioned in this episode:
Buy, Hold, Sell by Lou Brown (Save $5 when ordering through this link!)
Tag us on Instagram with a takeaway from this episode!
Follow Jesse on Instagram | @thejessemills
Learn more ways to create cash flow on Jesse’s website
https://www.thejessemills.com/home
Show Notes:
Let’s talk about creative ways to play the real estate game, and help renters become homeowners! Today’s guest and I have a ton of similarities in our businesses and he is truly a legend in Real Estate with over 40 years of experience. Lou Brown is here to share his first memory of the benefit of owning real estate at 8 years, and his journey since creating The Path to Homeownership. It’s about knowing how to make the most of laws and tax codes, and helping as many people get a win-win as possible through his programs. Tune in as Lou shares great tips and secrets to win in any real estate market!
01:00 Meet the real estate OG that has been in the business for over 40 years, Lou Brown!
03:15 Real Estate is cyclical by design, how can we win in every market?
05:00 Being raised by a single mom and the first introduction to the benefits of owning real estate.
10:00 How Lou Brown bought his first home for $45.
14:30 The power of understanding laws and tax codes to play the game.
17:15 Be a cash flow investor and do your own research!
22:20 Are you prepared for when the economy changes?
25:30 How Lou created The Path to Homeownership for his tenants.
32:00 What has the process been like to make affordable housing possible?
43:15 What are the benefits for landlords to participate in your program?
49:40 Advice for landlords that are worried about constantly losing homes through your program.
53:50 How are homes right now still a bargain?
55:00 As you are building your real estate portfolio, are you considering the time freedom you want?
01:01:15 The value of giving your kids the skills to get creative with real estate investing.
01:07:00 The tax codes, you might not know about, that are available to help you.