Jack Gibson, President and Co-Founder of High Return Real Estate, gets it. After building a multi-million-dollar income with a multi-level health company, he had a serious wake-up call. A bet was placed against his company’s stock, and he ran the risk of losing his financial footing. He felt vulnerable watching his only income source teeter and committed to building multiple streams of passive income. In a short time, he’d built a portfolio of over 50 properties. Now, along with Jack Schechter, he operates High Return Real Estate, a turnkey provider specializing in helping other people build cash flow income with turnkey rental real estate in Indianapolis, IN.
Where Turnkey Real Estate Investing Fits into the Cash Flow System
It’s not enough just to make a decent living and trust someone else to manage your money for you. Instead, you want to control your life and financial destiny.
That’s why we, at The Money Advantage, help business owners build time and money freedom. We do this using our 3-step cash flow system.
First, you’ll keep more of the money you make through tax planning, debt restructuring, cash flow awareness, and restructuring your savings to where you can access it as an emergency/opportunity fund.
Then, you’ll protect your money with insurance and legal protection, and privatized banking.
Finally, you’ll put your money to work and get it to make more by investing in cash flowing assets to build time and money freedom and leave a rich legacy.
Today’s conversation about turnkey real estate investing fits into Stage 3: Investing. It will educate you and give you options for investing for cash flow.
Who Is Jack Gibson?
Jack Gibson is the President and Co-Founder of High Return Real Estate. He began his entrepreneurial journey at 19 and founded his first company at the ripe old age of 21. Operating a successful nutrition consulting and distribution company, he had built a multi-million-dollar venture before he was old enough to rent a car.
Soon after that, he bought his first home as an investment. One quickly became five, and then the bug hit. He became obsessed with learning everything about real estate investing and soon had over 50 investment properties generating passive income.
Today, Jack spends his time mentoring other entrepreneurs, building his real estate investment portfolio, and helping other investors build a brighter future through the power of turnkey real estate income.
Conversation Highlights (Partial Transcript)
The Start of Entrepreneurship
[3:05] I was 19 and going to college. I'd always had the entrepreneurial bug, but I just didn't know how to apply it, especially at a young age.
I was getting disgruntled with the whole “go to school, study hard, get good grades, get a job” idea. That wasn't the path I wanted to be on, but I was just trying to make my parents proud.
One day, while I was sitting in my dorm room, I recieved a flyer for a multi-level marketing nutrition opportunity. At first, I thought, No, I don't want to sell anything.
And then for whatever reason, it hit me, why not just keep an open mind and check it out? What do you have to lose? An hour?
That's where I think people lose opportunities. It's right in front of you, and you just don't ever really take a look at it.
So, I took a look at the business and started. By a year in, I started really gaining some traction. By 24 months in, we created a million-dollar business, right from my dorm.
I had a lot of challenges, of course. In that first 12 months, I had to figure it out. Then, after I graduated college, got the diploma, and made my parents proud, I worked that business full-time. And I've been doing that ever since.
I think we closed out at least 10 or 12 million in sales in 2018 for that entity. While it gets a little controversial, the business model offers the ability to have a business with no employees, no overhead,
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