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.
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!
00:00 Intro
02:00 Liabilities into assets
02:51 Check out https://www.legacywealthholdings.com to learn more about what Tim does.
07:00 Getting a seat at the table
12:00 How deals work and Tim’s first deal
18:00 Buying Tim’s first duplex
20:00 “There are deals in every market.” - Tim Bratz
26:00 How cashflow works
30:40 How to add revenue to your real estate
35:18 Depreciation
40:00 Why experience matters/send the deal if you find one
44:40 https://www.littlelegacylibrary.com to educate your kids!
47:29 Follow Tim/DM him @timbratz
Real Estate Strategies for Success: Episode 745 With The Real Brad Lea (TRBL)
Luxury Lessons And Lawsuits: Episode 744 With The Real Brad Lea (TRBL)
Building a Global Empire From Scratch: Episode 743 With The Real Brad Lea (TRBL)
Turning Knowledge into Cash: Episode 742 With The Real Brad Lea (TRBL)
The Power of Humor: Episode 741 With The Real Brad Lea (TRBL)
Powerful Health Practices: Episode 740 With The Real Brad Lea (TRBL)
Protect Your Business: Episode 739 With The Real Brad Lea (TRBL)
The Future of Business: Episode 738 With The Real Brad Lea (TRBL)
Exposing The Hidden Crisis: Episode 737 With The Real Brad Lea (TRBL)
The Art Of Self-Worth: Episode 736 With The Real Brad Lea (TRBL)
From The Streets To Success: Episode 735 With The Real Brad Lea (TRBL)
Minimum Wage Debate: Episode 734 With The Real Brad Lea (TRBL)
Lighting Up Success: Episode 733 With The Real Brad Lea (TRBL)
Unveiling Wall Street Secrets: Episode 732 With The Real Brad Lea (TRBL)
The Future of Learning: Episode 731 With The Real Brad Lea (TRBL)
Elite Training Secrets: Transform Your Fitness Routine Episode 730 With The Real Brad Lea (TRBL)
The Championship Mindset: Episode 729 With The Real Brad Lea (TRBL)
The Power Of Bold Decisions In Entrepreneurship: Episode 728 With The Real Brad Lea (TRBL)
Navigating Toxic Relationships: Episode 727 With The Real Brad Lea (TRBL)
Building Wealth Through Adversity: Episode 726 With The Real Brad Lea (TRBL)
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