YouTube video (informal, first-person) by Wayne Courreges III, CPM® discussing building generational wealth through real estate syndications. The speaker emphasizes converting active income into passive income, living within means, and using passive rental/syndication returns to cover basic expenses (mortgage, bills) to achieve financial freedom. He addresses audiences like property managers, doctors, and lawyers, encourages planning over time (10–15 years example), and invites viewers to contact him via waynereipartners.com for questions or conversations about investing.
Questions this video answers
wayne reipartners website: waynereipartners.com
Chapters
Hey, everybody. I always like to do videos at properties that I go check out, but I'm usually pretty bad at it as I am today. So I'm gonna talk to you like you're a passenger in my front seat as I drive. But now that I've been doing this full time, real estate syndications, I get a lot of people who are, you know, we just have more conversations about wealth building and, you know, how to diversify investments and you know, for the longest, and we still do, you know, invest in retirement accounts. When I was with my W employer, you know, 401k would at least max out the percentage that we were getting money from the company to match. And then we would do other investments, mostly in real estate. But the key to generational wealth is not the 100,000, 200,000, whatever salary you're making, even 40,000, whatever the salary is you're making, it's like, what are you investing? You know, and rich dad, poor dad, it was, you know, what are your money soldiers doing every day to grow your wealth and, and make it to a point where you can choose, like, is it time for me to, you know, do the things that you want to do every day? Whether it's being semi retired or you want to go just have freedom of your own time. Right? You get to choose that. And it doesn't happen overnight. Maybe that happens in 10 years, you know, 15 years, wherever that time is, but setting a plan. So in real estate syndications, the biggest thing I tell people that are, you know, doing what they love, whether it's property management, you know, for all my friends on the property management side, or doctors, lawyers, whatever is, you're trying to replace income that you make on an active basis into passive income. The passive income gives you freedom. Wealth really isn't being a multi millionaire. It really is having income to offset your basic needs. So if Your mortgage is $2,500 and you're bringing in income to offset that $2,500 and maybe your other expenses to month or a thousand, you know, and you know, I'm just throwing out numbers here, but if you're bringing in passive income to offset those expenses and you're living within your means like you're wealthy, that's it. It's not getting to a point where you're a multimillionaire and then still trying to live up with the Joneses and, you know, have all these nice things and you're still having to work, right? So think about real estate syndications. Reach out to me if you have questions, you know, whether you invest with me or not. It's not that I want y' all think about real estate syndications in a way that most people don't. And it's a way of creating passive income. So that way you can decide what you want to do with your time when you're ready to do it. So reach out to me. My email is waynereipartners.com again it's wayne reipartners.com or direct message me through this platform and you know, let's have the conversation. You know, it's we're in this together to, you know, have the time and the life we've always, always wanted to, to have. Right. And so look forward to those discussions and at least just opening your mind that there's other investments outside the typical stocks, retirement accounts and, you know, other investments that are out there. So hope you all are doing well and I will do better at doing some videos at properties that I do check out. So have a great day.
