Ep. 140 - How I Lost over $240,000 per Year for 3 Years Straight

The Art of Winning

Feb 2 2024 • 14 mins

Have you ever considered how the choices you don't make can significantly impact your financial future? Today, Ashton delves deep into the concept of opportunity costs in real estate investment. Sharing his personal journey, he reveals how he missed out on substantial financial gains due to delayed action in property investment. This episode is not just a story of lost opportunities but a masterclass in understanding the mechanics of real estate, the power of passive income, and the significant tax benefits that come with smart investments. From tense moments under a Blackhawk helicopter to eye-opening financial revelations, Ashton's narrative is a potent blend of life lessons and practical investment strategies.

[00:01 - 04:00] The Cost of Inaction

  • Realizing the financial impact of missed real estate opportunities
  • Understanding the value of passive income in wealth accumulation
  • The importance of taking timely action on valuable knowledge

[04:01 - 08:00] Military Insights to Financial Wisdom

  • Unexpected financial learnings in a military setting
  • Discovering the benefits of real estate investment from a fellow medic
  • The importance of learning from diverse experiences and backgrounds

[08:01 - 11:00] The Power of Real Estate Investing

  • Strategies for using VA loans for property investment
  • The financial advantage of owning and renting multiple units
  • Leveraging Airbnb for additional income

[11:01 - 14:50] Learning from a Pro

  • The importance of seeking expertise when entering new investment arenas
  • The critical role of research and professional advice in real estate
  • The urgency of taking action and the potential of real estate in current economic conditions

Connect with Ashton!

Website: Valkere Investment Group

LinkedIn: Valkere Investment Group

Want to learn more about creating multiple streams of income, wealth protection, financial freedom, or real estate investing? Join our investor club, check out our blog, get our free ebook on investing, or join us for our monthly Real Estate Investing Made Simple virtual meetup. Take the first to your wins in life and head on to http://www.valkeregroup.com.

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Key Quote:

"Understand that your ignorance of how to do [Real Estate] is costing you anywhere from 240,000 a year to an infinite number per year." - Ashton Levarek