Redefining Wealth: New-Age vs. Traditional Financial Advising feat. Tyler Murphy
In this episode, we dive deep into the evolving landscape of financial advising with Tyler Murphy. As the world of finance undergoes a significant transformation, Tyler sheds light on the new-age approach to financial guidance that prioritizes transparency and client interests over commissions. He contrasts this with the traditional methods that often come laden with conflicts of interest, potentially compromising the best interests of the clients they serve.
Top 3 Takeaways:
Follow Tyler online: https://www.instagram.com/majorleaguefinance/
Timestamps:
[00:00:00] Intro
[00:01:24] Financial conflicts of interest
[00:05:05] When to buy first investment property
[00:07:20] Playing the safe game
[00:10:38] Building net worth and wealth
[00:14:20] Self-directed retirement accounts
[00:17:18] Taking out a HELOC
[00:21:19] Real estate investment mistakes
[00:26:09] Tax advantages in real estate
[00:27:36] Step up in basis
[00:30:59] Permanent insurance and infinite banking
[00:34:48] A strong side financial plan
[00:38:06] Financial education and real estate.
Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors
► Join here: https://www.facebook.com/groups/taxstrategyforinvestors
Check out my FREE TAX TRAININGS for both STR and LTR investors:
► STRs: https://learnlikeacpa.mykajabi.com/offers/oRKiFgyz
► LTRs: https://learnlikeacpa.mykajabi.com/offers/txXoL2Du
Let's connect!
► Instagram: https://www.instagram.com/learnlikeacpa
► LinkedIn: www.linkedin.com/in/learnlikeacpa
► Twitter: https://twitter.com/LearnLikeaCPA
► Facebook: https://www.facebook.com/learnlikeacpa
► Tiktok: https://www.tiktok.com/@learnlikeacpa
*None of this is meant to be specific investment advice, it's for entertainment purposes only.
Create your
podcast in
minutes
It is Free