Unlocking Time Freedom Through Integrated Wealth Creation with Eric Wohlwend | Know your why #237

EPISODE SUMMARY : Looking for the key to unlock financial and time freedom? How about learning to grow wealth that lasts for generations? Buckle up for an enthralling conversation with the seasoned real estate investor, Eric Wohlwend, who's been in the game for over two decades, repositioning over a thousand units. Eric shares the nuts and bolts of his successful journey, the importance of knowing your 'why', and how he passes down his wealth of knowledge to the next generation.

Juggling between a successful business and a balanced family life might seem like a daunting task, but not for Eric Wohlwend! Eric's secret lies in controlling his time and using his strategies to build sustainable wealth. He gives us a sneak peek into his long-term vision of creating a wealth fund that'll survive for five generations and how his kids have been instrumental in his journey right from the day they were born. We delve into the intriguing world of wealth building using tax-free money and how his children benefit from this strategy.

Teaching investing concepts to a five-year-old using Legos might seem far-fetched, but Eric Wohlwend has done it. This episode takes a deep dive into how he nurtures the work ethic and creativity of his children, teaching them about investing and making them a part of his real estate business. Listen in as we discuss the importance of fostering the right habits in children and how discovering your 'why' can help you reach your maximum potential. You surely don't want to miss the wisdom and practical tips packed in this episode!

ERIC'S BIO :

Eric has been a full-time Real Estate Investor for over 2 decades. He has repositioned over a thousand units including single & multi-family residential properties as well as multiple types of commercial properties. He still controls hundreds of these. Eric has written multiple #1 Best-selling books including “Family Success Triangle.” Using what he teaches, both of his kids started buying real estate when they were seven years old without any money or credit from their parents.

Both of his sons have purchased enough assets to be financially free before they were old enough to drive. The family continues to invest & travel North America speaking, learning and growing together. Now they focus on teaching others to integrate their business, family & investing so they have more freedom. Their goal is for everyone to have financial, time & location freedom.

GET IN TOUCH WITH ERIC :

www.ClearSkyTrainer.com

https://www.youtube.com/@realpowerfamily EPISODE CHAPTERS :

(0:00:01) - Real Estate Financial and Time Freedom Eric shares his story and wisdom to help others achieve success, freedom, and knowledge-sharing.

(0:13:39) - Value of Time and Wealth Building Eric has managed to balance work and family while growing a successful real estate business, taking advantage of arbitrage and creating a sustainable wealth fund for five generations.

(0:19:42) - Real Estate Investing With Kids Eric balances work and family life, invests tax-free money, and shares his son's experience buying a truck.

(0:23:58) - Real Estate Investing and Family Involvement Eric balanced work and family life as a real estate investor, teaching his children to invest and hosting weekly dinners to teach others.

(0:28:50) - Teaching Kids Real Estate and Balance Eric successfully balances work and family life as a real estate investor, teaching his children project management and timeline skills, and emphasizing the fun parts and benefits of investing.

(0:40:41) - Teaching and Inspiring Children in Business Eric balances work and family life, teaching his children the benefits of hard work and efficiency, and fostering their creativity.

(0:46:07) - Teaching Kids Financial Skills Through Legos Eric taught his five year old son investing basics, such as buying low and selling high, and the importance of partnerships.

(0:55:59) - Discovering Your Why Eric teaches his son investing basics and balances work and family life, exposing his children to real estate early on.

If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara

Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/

Artist: http://audionautix.com/