E018: The Greatest Wealth Builder with Aaron and Elena Powell

From being a part-time realtor since 2014, Aaron Powell became a full-time realtor in 2017. Prior to that, I was a financial advisor for about 10 years. Elena has been a veterinarian for 21 years. Together, their passion is to help make people's lives better. Their first flip was an uptown duplex that had a liveable basement, where they ended up living in the basement and renting out the other two units which paid for his mortgage. Here’s what we talked about: The catalyst behind their decision to investing Real estate investing as the best wealth builder The irony of people in the financial industry How their teamwork works through their dual income The best takeaway he got from the book, The Richest Man in Babylon Episode Highlights: The Greatest Wealth Builder Real estate investing is scary for a lot of people that aren't used to it. But it's the best wealth builder. Not only are you building wealth for yourself, but you’re also providing quality homes to people. It’s great to be investing in something that can make you proud. Everyone deserves a quality home but so many people can’t afford houses for themselves. So being able to create that opportunity to help provide quality homes to people is a great privilege in and of itself. The Irony of People in the Financial Industry The financial industry was cutthroat and it's a burnout industry. Different companies have different corporate cultures and some are much more aggressive than others. And it's ironic how people in it tend to lean towards helping themselves rather than helping their clients. It’s just all about making money. The Synergy of a Dual Income Family Elena admits she ain't much of a risk taker, but whenever there's passion, she just allows her partner to go with it, ultimately realizing it's a great deal and seeing the passive income starting to come in. With a steady income and benefits, minimizing the risk made Elena feel more comfortable to let Aaron expand his passion and grow from there because. Links: The Richest Man in Babylon by George Samuel Clason

You can listen to E018: The Greatest Wealth Builder with Aaron and Elena Powell online on Radio and Podcast. Open the player on this page to stream the available audio.

E018: The Greatest Wealth Builder with Aaron and Elena Powell is an episode from Wealth Building With Friends by Bob & Usha with Melanie & Josh McCallen.

This episode is 00:40:29 long.

This episode was published on Jul 7, 2021.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from Wealth Building With Friends when more episodes are available from the podcast feed.