Episode #475

You want to know how to become rich. But you probably don’t want to deal with the tenants, toilets, trash, and constant headaches of investing in real estate. And even as the world’s biggest resource for real estate investors, we get it. The landlord lifestyle isn’t for everyone. Thankfully, real estate isn’t the ONLY way to get rich. There are five other time-tested ways to build wealth that don’t involve 2 A.M. tenant phone calls.

In today’s show, Mindy and Scott tag team the five best ways to build wealth without ever buying a rental property. These methods work for almost anyone, no matter how much (or how little) money you make or have in the bank. Some of these methods are more passive than others, requiring just minutes a month to start building wealth, while others can explode your income but require much more time.

But we’re not just giving you some experimental investment methods to try. Both Mindy and Scott have used most, if not all, of these methods to become rich themselves, and if you incorporate ANY of these methods into your life in 2024, there’s a good chance by this time next year, you could be way wealthier!


Show Notes at:
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Past Episodes Mentioned in Today’s Show:
Index Funds: [ Ссылка ]
Financial Mechanic: [ Ссылка ]
David Greene (1st Episode): [ Ссылка ]
David Greene: [ Ссылка ]
“Boring” Businesses: [ Ссылка ]
Liquor Store Investment: [ Ссылка ]
Franchising: [ Ссылка ]
Side Hustles: [ Ссылка ]
Nick Loper (Side Hustle Nation): [ Ссылка ]
Loan Signing Side Hustle: [ Ссылка ]
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The Simple Path to Wealth:
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Finance Friday: [ Ссылка ]
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Connect with Scott and Mindy on BiggerPockets:
Scott: [ Ссылка ]
Mindy: [ Ссылка ]

00:00 Intro

00:52 Money Moment

02:06 "Levers" of Wealth

04:44 1. Index Funds

11:04 2. 401(k)s and IRAs

14:12 3. Job Hopping

20:17 4. "Boring" Businesses

28:27 5. Side Hustles

30:29 Build an ASSET

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