JF3391: Why I Sold My Entire Portfolio: Balancing Cash Flow, Equity, and Legacy ft. Bill Ham

Published: Dec. 17, 2023, 8 a.m.

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Bill Ham, founder of Real Estate Raw and previous owner of over 1,000 multifamily units, shares his wisdom on gauging market cycles, the importance of cash flow and net worth, and why he chose to sell his entire real estate portfolio.\\xa0

Key Takeaways:

  • Cash Flow vs. Equity: Bill emphasizes the importance of balancing cash flow and equity in your commercial real estate investments. He aptly states, "Cash flow gets you out of a job, but equity keeps you there." This insightful perspective highlights the need to consider both short-term profitability and long-term wealth-building when making investment decisions.
  • Legacy Wealth and Business: Bill challenges the notion of leaving behind individual assets as a legacy. Instead, he suggests focusing on leaving a legacy of education, business models, and systems, emphasizing that individual assets may not always be the best gift to pass on to the next generation.
  • Getting Started: Bill\'s best advice for aspiring commercial real estate investors is simple: get started. He encourages listeners to acquire an education, analyze deals, and network within the industry. Bill dispels the myth that real estate investing is only for a select few, emphasizing that anyone can succeed in the business with the right knowledge and determination.

Bill Ham | Real Estate Background

  • Real Estate Raw
  • Portfolio:\\xa0
    • Nothing - sold everything in 2022
  • Based in: Atlanta, GA
  • Say hi to him at:\\xa0
  • Best Ever Book: Creative Cash by Bill Ham
  • Greatest Lesson: Get an education and get started. It\'s always the right time to buy real estate.

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Check out Bill\\u2019s previous episode: 2449 - Master Seller Financing, Leasing and Creative Financing

Sponsors

BV Captial

BAM Capital

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