#114: David Dodge | Dodging Massive Tax Bills, Jail Time And Addiction To Become Wealthy And Influence The Masses
In this rib-tickling episode, David Dodge spills the beans on his rollercoaster journey from adversity to real estate riches. He's like the Indiana Jones of property investment, dodging obstacles and swinging from deals to success! With a wink and a nod, he reveals the real estate secrets that make Uncle Sam shed a tear (of joy) – dodging.... I mean... minimizing those pesky taxes! David even moonlights as an author, penning page-turners between property flips. Tune in as he unveils his soon-to-drop book, "Stop F'ing Around" – a guide to kicking bad habits and becoming the master of your domain. And don't miss his podcast, "Everyone's a Millionaire with David Dodge," where he rubs elbows with the elite and spills their money-making beans. With David, it's not just about wealth; it's about spreading love, laughs, and learning.
Takeaways
- Leveraging private and hard money lenders can help fund real estate acquisitions without using personal funds.
- The BRRRR method is an effective strategy for growing a real estate portfolio and creating passive income. Real estate investing offers wealth creation through cash flow, appreciation, and tax advantages.
- Finding motivated sellers is crucial for successful real estate investing.
- Having a real estate license can provide cost savings and additional opportunities.
- Investing in marketing and building a team are essential for scaling a real estate business.
- Lessons learned from failures include being conservative in estimating ARV and repair costs.
- Empathy, gratitude, and perspective are key in helping others and finding personal fulfillment.
- Having a strong 'why' is crucial for achieving goals and staying motivated.
- To reach David and support his work, follow him on Instagram, join his coaching program at REISkool.com, and engage with his community.
You can Join the Omaha REIA at https://omahareia.com/
Omaha REIA on facebook https://www.facebook.com/groups/OmahaREIA
Check out the National REIA https://nationalreia.org/
Find Ted Kaasch at www.tedkaasch.com
You can Join the Omaha REIA - https://omahareia.com/join-today
Omaha REIA on Facebook - https://www.facebook.com/groups/OmahaREIA
Check out the National REIA - https://nationalreia.org/
Find Ted Kaasch at www.tedkaasch.com
Owen Dashner on Facebook https://www.facebook.com/owen.dashner
Instagram - https://www.instagram.com/odawg2424/
Red Ladder Property Solutions - www.sellmyhouseinomahafast.com
Liquid Lending Solutions - www.liquidlendingsolutions.com
Owen’s Blogs - www.otowninvestor.com
www.reiquicktips.com
Propstream - https://trial.propstreampro.com/reianebraska/
RESimpli - https:...