151: Finding Financial Freedom at 35 with Eng Taing

Eng is the CEO & Founder of Touzi Capital (pronounced Toe-Zee) and he is an experienced real estate investor with $100M assets under management. He's an economist by training, from the Wharton School of Business. He also has experience leading data science and analytics at Apple, Capital One and AT&T. He's the classic immigrant story, born in a refugee camp in Thailand escaping the Khmer Rouge and finding success in data & math in America. Eng focuses on high cash flow investments and providing passive income to investors by acquiring and optimizing multifamily, senior living facilities, & bitcoin mining operations.

(00:02 - 2:00) Opening Segment

- Introduction of the host into the show

- Alpesh introduces the guest of the show, Eng

- Eng shares something interesting about himself

(2:00 - 25:00 ) Finding financial freedom at 35

- Why did you retire from Apple?

- Did you have a number in mind? Like a number of properties or certain income per month, that you were thinking about when retiring?

- When and why did you start with real estate?

- Can you take us to the process that you went through to reach the point of retiring? Did you put a plan together or did you have a process in mind?

- What mistakes did you make through this journey?

- What is your best real estate investment so far?

- Did you have worst real estate deal?

-What are you currently investing in and why?

-What do you mean by Bitcoin mining?

-What do you think about at this point on stock market, real estate and cryptocurrencies are they either all of them near or in an all-time high

(24:04 - 24:29) Break

- Welcoming listeners and guest back to the show

(24:29 - 30:18) Fire Round

- Will Eng change the business strategy after Coronavirus?

– Eng's favorite real estate, finance, or other related books

– Tools or website Eng recommends

– Eng's advice to beginner investors

– How does Eng give back?

– How can Wealth Matters Podcast listeners reach out to Eng?

(30:18 - 30:42) Closing Segment

If you want to learn more about the discussion, you can watch the podcast on Wealth Matter’s YouTube channel and you can reach out to Alpesh using this link

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