Jeff Smith of Cannon CrossFit in Texas joins us on the show today. Before becoming involved with CrossFit, he was buying up buildings and holding them to develop cash flow assets. This is a super important episode as we discuss the keys to developing and growing your investments to include an array of options. Take notes and be sure to reach out to Jeff with any questions you may have!
Jeff and I both highly recommend Rich Dad, Poor Dad by Robert Kiyosaki.
In this Interview:
What is a cash flow asset?
The three ways that real estate investing makes you money
The benefiting of getting started with an SBA loan
Understanding how cheap it is to own your own building - this is the calculator tool I use (make sure you choose "blended" under "payment types" to determine the real monthly payment).
Why you should buy and hold instead of buy and sell
Are mutual funds the best investment choice for my portfolio?
Jeff grew up in Illinois playing just about