How to Achieve Next-Level Income with Chris Larsen
In the ever-evolving world of real estate investing, gaining a competitive edge requires a mindful and market-savvy approach. In this episode of Zen and the Art of Real Estate Investing, Chris Larsen, the founder of Next-Level Income and a seasoned real estate syndicator, shares his expertise on wise investing. Chris shares how demographics played a pivotal role in shaping his early investment choices, unveils the three golden rules guiding his property selections, and reveals promising avenues where budding investors can discover hidden opportunities. Get a fresh perspective on passive income and find out why, in real estate, it might not be as passive as you think.
With the founding of Next-Level Income, Chris Larsen was on a mission to share the knowledge he attained from real estate investing. With a desire to empower others on their journey to financial independence, Chris authored "Next-Level Income: How to Make, Keep, and Grow Your Money Using the 'Holy Grail of Real Estate'" and created a course called "The Six Figures of Passive Income Roadmap." Chris also revealed his own investment vehicles. This episode is an absolute must-listen if you want to explore unique investing options.
Jonathan and Chris covered:
Chris Larsen has three rules for finding solid investment choices.
Preserve capital.
Generate income because you can’t be truly free unless you have passive income.
Create appreciation.
New investors need to have a strategy before they begin. Once they know their system, including where they will invest, they need to determine what a reasonable return looks like in their situation.
Senior housing may be a hidden gem in the investing world in the future. Baby Boomers are retiring at a rate of about 10,000 per day, and they’ll be looking for independent living communities, memory care, and skilled nursing facilities as they age. While the need may not be as great now, the demand for senior housing will increase with time.
Chris’ insight and expertise in real estate syndication offer investors even more ways to create passive income opportunities.
If you want to learn more about Zen and the Art of Real Estate Investing Podcast, check out http://www.trustgreene.com/podcast/zen/063.