The 4 Pillars of Wealth Generation with Whitney Elkins-Hutten
Whitney Elkins-Hutten is the Director of Investor Education at PassiveInvesting.com. She is a partner in $700MM of real estate including over 5k residential units, and more than 1400 self-storage units across eight states. She also has experience flipping $3 million dollars worth of residential real estate. We talked to Whitney about the four pillars of wealth generation and passive investing.
Announcement: Get Your Ticket for MFINCON and Save $200 using Promo Code: CASMON
[00:01 – 07:30] Opening Segment
Whitney talks about her background.
She talks about how she got her title and what she does;
She talks about how she got into real estate;
The things that led Whitney to educate herself.
How she started investing in both the active and passive side.
[07:30 – 18:41] Four Main Pillars of Wealth Generation
Some key lessons for investors;
Four main pillars of wealth generation;
The importance of understanding the different ways real estate can be a value;
Some of the things you should do before quitting your professional career to start investing;
[18:41 – 30:58] Passive Investing
Some of the challenges that typical investors face and how Whitney helps them navigate;
The reasons why you should start investing passively and why you shouldn’t;
Some lessons learned through passive investing.
How passive investing can give you the time you need;
Announcement: Download Our Sample Deal and Join Our Mailing List
[30:58 – 36:12] Round of Insights
Not removing herself from the equation in property management.
Most Recommended Book:
#1 Insight for Commercial Real Estate
The four pillars of wealth generation
Best Place to Grab a Bite in Colorado:
To learn more about Whitney go to her website.
“If you go right to the end milestone, you may not get started” - Whitney Elkins Hutten
Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.