Building Real Wealth for Active Duty Service Members with Eric Upchurch

Published: Sept. 2, 2021, 5 a.m.

Eric Upchurch is the Co-Founder / Chief Product Officer of Active Duty Passive Income. After graduating, Eric joined the Army where he served for six years in Savannah, GA. While managing a squad of 27 Soldiers, Eric completed a Master\u2019s degree in Aeronautical Science in 2010. As part of the Active Duty Passive Income team, Eric has a passion for educating the military community on how to create long-term wealth through real estate investing, while personally investing across the country for the last fourteen years. Eric has been involved in Self-Directed IRA investing, private lending, first trust deeds, tax liens, mobile home parks, multifamily syndications, live-in flips, single family flips, storage units, turnkey buy-and-hold properties and is now invested in over 1100 apartment units as both a General and Limited Partner.\n\xa0\n[00:01 - 09:41] Opening Segment\nEric shares how he started investing in real estate\n\u201cI could help other people buy right.\u201d\nWhy the key is to buy right\nA Deep-Rooted \u2018Why\u2019 and Consistency\xa0\n\xa0\n[09:42 - 18:17] Building Real Wealth for Active Duty Service Members\nWhy you have to have a \u2018why\u2019.\nFor the memory and pride of those who died before Eric\nInvestors not managers of real estate\nWhat You Need to Know to Create the Best Partnerships\n\xa0\n[18:18 - 28:02] Closing Segment\nQuick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.\n\nWhat is the best investment you've ever made other than your education?Live-in Flipping\nMobile home park and 80-unit multifamily\n\nEric\u2019s worst investmentFirst Trust Deed and Tax Lien\n\nWhat is the most important lesson that you've learned in business and investing?Eric\u2019s Four-Step Success Formula\n\nConnect with my guest. See the links below.\n\xa0\nResources Mentioned\nMilitary House Hacking\xa0\nTweetable Quotes:\n\u201cYou have to be coachable.\u201d - Eric Upchurch\n\u201cAs long as you\u2019re breathing, you have a purpose.\u201d - Eric Upchurch\n\u201cDon\u2019t start a company with someone you haven\u2019t known for a long, long time.\u201d - Eric Upchurch\n------------\nConnect with Eric Upchurch through Facebook, Instagram, and LinkedIn.\xa0 Visit his website https://www.activedutypassiveincome.com/.\xa0\n\xa0\nInvest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/\nParticipate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.\xa0\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes