Tim Bratz. What It Takes To Buy Your Own Island. Episode 461 with The Real Brad Lea (TRBL)

<p><span style="font-weight: 400;">Tim is the Founder & CEO of Legacy Wealth Holdings. He focuses on vision-casting, marketing, & supporting his team of “A” players. He has built his company on integrity (doing what he said he was going to do), fairness (doing the right thing), & transparency (honesty is always the best policy). Tim has dedicated his professional life to studying wealth-building & personal finance. Working in real estate, Tim has learned how to create a passive income that allows him to live the lifestyle of his choice. His goal is to educate & empower others to become financially free through entrepreneurship & real estate investments.</span></p> <p> </p> <p><span style="font-weight: 400;">In this episode, Tim and Brad discuss what it takes to buy your own island among many other real estate projects. Tune in and take notes!</span></p> <p><br /> <br /></p> <p><span style="font-weight: 400;">00:00 Intro</span></p> <p><span style="font-weight: 400;">02:00 Liabilities into assets</span></p> <p><span style="font-weight: 400;">02:51 Check out</span> <a href= "https://www.legacywealthholdings.com/"><span style= "font-weight: 400;">https://www.legacywealthholdings.com</span></a> <span style="font-weight: 400;">to learn more about what Tim does.</span></p> <p><span style="font-weight: 400;">07:00 Getting a seat at the table</span></p> <p><span style="font-weight: 400;">12:00 How deals work and Tim’s first deal</span></p> <p><span style="font-weight: 400;">18:00 Buying Tim’s first duplex</span></p> <p><span style="font-weight: 400;">20:00 “There are deals in every market.” - Tim Bratz</span></p> <p><span style="font-weight: 400;">26:00 How cashflow works</span></p> <p><span style="font-weight: 400;">30:40 How to add revenue to your real estate</span></p> <p><span style="font-weight: 400;">35:18 Depreciation</span></p> <p><span style="font-weight: 400;">40:00 Why experience matters/send the deal if you find one</span></p> <p><span style="font-weight: 400;">44:40</span> <a href= "https://www.littlelegacyli