The Truth About Quitting Your Day Job & Becoming A Real Estate Investor

Chaz Wolfe, host of Gathering the Kings, welcomes the formidable Charlie Peters to the king’s table. Charlie, a seven-figure titan in the realm of real estate investment, has been flexing his skills in the industry for over two decades. This powerhouse transitioned into the real estate arena full time after a successful nine-year tenure in medical supplies sales. Currently, his business juggles four unique real estate models simultaneously!In this power-packed episode, Chaz and Charlie embark on a dynamic conversation around strategic investing, the importance of being cautious when assets balloon rapidly, and the art of embracing change. Listen in today to absorb crucial insights into intelligent investing to supercharge your business growth!During this episode, you will learn about;[01:24] A comprehensive introduction to Charlie and his multifaceted business[02:14] The driving force behind Charlie's relentless pursuit of success[03:45] The inspiring role of his son in motivating Charlie[04:45] Charlie's early encounters with entrepreneurship[06:13] The evolution of his enterprise into four distinct business models[08:05] Charlie's fulfilling journey of building a legacy beyond himself[09:20] A strategic decision that significantly benefited Charlie's business[12:21] Lessons learned from Charlie's less successful investments[15:11] A fresh perspective on investment appraisal[17:30] Charlie's sage advice for budding business owners[19:37] Understanding Charlie's decision-making framework[20:39] The singular metric Charlie would track if he had to choose only one[22:34] Charlie's strategy if constrained to a one-hour work week[23:13] Contemplating the road ahead if Charlie were to start anew[23:49] Steps to establish a connection with Charlie[24:22] Info on Gathering The Kings mastermindNotable Quotes “My ‘why’ in life is to enrich others.”  - Charlie Peters“The way to make money in real estate is not by being a broker, but by actually owning investment real estate.”  - Charlie Peters“Be very careful if you own an asset and it goes up in value really fast.”  - Charlie Peters“It's not just about the widget always. It's about running the business behind it, and in the business behind it, there's pivoting moments.”  - Chaz Wolfe“Seek out high integrity partners.”  - Charlie Peters“Valuing what it is that you're trying to put into play helps you make a good decision.”  - Chaz Wolfe“If you own an investment company, your equity should systematically increase over time as you're improving properties, simultaneously paying down debt.”  - Charlie Peters“Life has a starting point and it has a destination.”  - Charlie PetersBooks and Resources Recommended:The Snowball by Alice Schroederhttps://www.amazon.com/Snowball-Warren-Buffett-Business-Life/dp/0553384619Success by Glen Blandhttps://www.amazon.com/Success-Glenn-Bland-Method/dp/1414336055Let’s Connect!Charlie Peters:Website:  https://www.alliancecapitalpartners.net/LInkedIn: