From High Earning W2 Overseas to Financial Independence thru Real Estate with Billy Keels

Published: March 30, 2023, 7 a.m.

b'Achieving financial goals requires constant education, networking, and self-awareness.\\n\\xa0\\nIn this episode, Taylor welcomes Billy Keels back to share how he achieved his financial independence. Growing up in a lower-middle-class family, Billy faced rejection twice for his dream job. After taking a one-year sabbatical, he worked and traveled through 58 countries by age 26. He settled in Europe and worked in the IT industry for over 20 years, all while investing exclusively in the US.\\xa0\\n\\xa0\\nThroughout the conversation, Billy shares how he learned from his mistakes and developed processes for customer service and attracting good tenants to scale up his real estate portfolio eventually. He also talks about how he solved his tax problem by moving toward the energy sector and investing in opportunities that allowed him to keep more of his income for passive income streams. Achieving financial goals requires constant education, networking, and self-awareness. Tune into this episode as we dive deep into Billy\'s journey toward financial independence and how you can learn from his experiences to achieve your financial goals.\\n\\xa0\\n[00:01 - 08:49] Opening Segment\\nBilly\'s background and career\\nRetired from his corporate life thanks to his investments\\n\\xa0\\n[08:50 - 20:12] From Financial Crisis to Long-Distance Investing\\nResearch into investing led to long-distance investing\\nFocusing on processes rather than specific properties\\nImproving customer service and attracting the right residents\\xa0\\nHow Billy became an accredited investor and invested in more significant multi-family buildings, hotel development projects, ATMs, and energy equipment\\nWays to keep more income tax in the energy sector\\n\\xa0\\n[20:13 - 33:57] Navigating the World of Oil and Gas Investing\\nInvesting in the energy sector provides substantial income tax benefits and future returns\\nOil and gas investing can be risky and requires due diligence\\nAsking questions is vital to make informed decisions as an investor\\nDiscussion on Paris Agreement and reducing CO2 levels in the atmosphere\\nUse of technology to capture carbon and produce additional oil and gas from known reserves\\nThe importance of having a diverse set of assets and vehicles to achieve financial goals\\n\\xa0\\n[33:58 - 39:29] Closing Segment\\nFavorite book: The Creature from Jekyll Island by G. Edward Griffin\\nA key tool for business: Video conferencing\\nWhere to travel this 2023: United States\\n\\nQuotes:\\n\\xa0\\n"It was a matter of how do I take all of these different assets, these different vehicles, combine them, to truly help get me to the goal?" - Billy Keels\\n\\xa0\\n"Every single time you have a question, it\'s really important to ask. Because the worst thing that can happen [...] is that person can\'t answer you, and that should be a really big red flag." - Billy Keels\\n\\xa0\\n"Unless it\'s actually moving, it\'s investing, it\'s doing stuff, it\'s taking risks, you\'re losing every day anyway." - Billy Keels\\n\\nConnect with Billy!\\nWebsite: www.firstgencp.com/paylesstax\\xa0\\nPodcast: Going Long Podcast\\nLinkedIn: https://www.linkedin.com/in/billykeels/?originalSubdomain=es\\xa0\\n\\nInvest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/\\n\\xa0\\nParticipate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your terms.\\n\\xa0\\nJoin our Passive Investor Club to access passive commercial real estate investment opportunities.\\n\\xa0\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.'