Accelerating Transformational Wealth: Fast-Paced Strategies for Building Financial Success

Note: We use AI transcription so there may be some inaccuracies

KAYR: A lot of people when they think about creating wealth, they're thinking about generational wealth. I love generational wealth. Like the next verse for me, that's like a north to south concept where I buy a house today, for instance, and say we buy a house today, we have children, and then in 30 or 40 years, those children will inherit that wealth, which is nice.

They just have to wait to. I said, I looked at my siblings and my family situation and I said, we can't afford to wait. We have to be in a rush. I came up with this idea of transformational wealth, which is like a right to left concept where once I get myself situated in real estate, I can decide who to hire.

It's my money, my team. I convinced my brother to get a real estate license and told him, you're gonna get all of these commissions for the deals. Because you're gonna be my exclusive broker. Therefore, when I do a million dollar deal, he's able to get $30,000 as a commission. And what that enabled him and his wife to do and his multiple children, is he was able to buy a house in Abbo, which is one of the best school districts in the country.

They're moving to a better situation and he started creating wealth. Then for he works with me again. He's able to gift his in-laws, his wife's parents money so that they can move outta an apartment and buy a duplex and become landlords today, not 50 years from now, not 40 years from now. Also, because these are my LLCs, I can get my family members equity.

They don't even have to put any money in it. It's my llc. So I therefore can say, you get 5% ownership, you get one. You get. Therefore when they work for me, they're not only saying, oh, I got a commission. They get to say, I actually own that property. So when my brother takes his children on a tour or what have you, he can say, look, I not only helped Uncle Kr buy that.

I'm actually part owner of that building, and now his children who are young can say, wow, my dad, before, he didn't even own no real estate. Now he own about five apartment. Oh my goodness. Like mom, my dad, he's younger than uncle. He's still in his thirties. He's killing it. I wanna be able to transform people lives today, whether it's my stepmom, who's 75, that works for me.

I gave her equity and my llc, she's never owned a company before. I also hired my to do the cleaning. My brothers father-in-law, he helps with landscaping, transformational wealth. Pretty much how can we transform our lives today, not 50 years from now? How can we use our resources, especially one or two family members can leverage what they have to open doors for all the family members and your close friends.