How to Reach Astronomical Growth in Real Estate Investing with Tim Bratz
Tim Bratz is the CEO and Founder of Legacy Wealth Holdings, a real estate investment company. He went from buying his first investment property on a credit card during the 2008 recession to building a portfolio of over 4,500 units and $400M in assets under management. He now focuses on empowering others to become financially free through commercial real estate.
Tim shares:
✔️ How he got bit by the real estate ownership bug and how he navigated getting into the real estate game during the 2008 crash
✔️ What creative financing strategies he used to acquire his rental properties
✔️ Why it takes 5 years to truly become an expert in a space and see the snowball effect of all of your efforts and the mistake people often make that prevents them from reaching success
Check out Tim's collection of children's books on success & achievement at https://littlelegacylibrary.com/ and connect with him on Facebook or Instagram @timbratz .
Time Stamps:
00:00 Introduction
04:19 Create and build to live life without permission
07:25 Getting hooked on real estate
11:07 First commercial deal
14:31 Success is not a 45 degree line
18:48 It takes 10,000 hours to be an expert
22:00 Hiring for non-revenue generating activities
25:47 Buying at a whole-sale price to make profits
28:50 Tips for rapid growth for new entrepreneurs
33:22 How to hire for being more effective
37:30 Educating kids on financial literacy
41:53 How to achieve work-life balance
45:55 Wrap-up
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