FBF #689: How to Structure Your Business So You Have More Freedom and Time - with Kathy Fetke
Today's Flashback Friday episode is from episode #439 which originally aired on 10/04/2023. Kathy Fetke is Co-CEO of RealWealth and best-selling author of Retire Rich with Rentals. She is an active real estate investor, licensed real estate agent, and former mortgage broker, specializing in helping people build multi-million dollar real estate portfolios that generate passive monthly cash flow for life. With a passion for researching real estate market cycles, Kathy is a frequent guest expert on CNN, CNBC, Fox, Bloomberg, NPR, CBS MarketWatch and the Wall Street Journal. She was also named among the “Top 100 Most Intriguing Entrepreneurs” by Goldman Sachs two years in a row. Her company, RealWealth, offers free resources and cutting-edge education for beginning and experienced real estate investors. Kathy is passionate about teaching others how to create “real wealth,” which she defines as having both the time and the money to live life on your terms. Quote: “I shifted everything to, ‘How do I create passive income?’ I’d heard about rich people who lived off of their money and I just didn’t understand any of that. So I thought I would use my little radio gig to find out...and that’s how RealWealth was created.” Highlights: 6:07: How to use the resources you have to achieve passive income 9:55: Leveraging your network to learn about how to live off your investments 11:55: Kathy reflects on how much the investment real estate market has shifted 15:00: Exploring different types investment opportunities 18:45: How Kathy is navigating rising interest rates to mitigate risk 26:00 Kathy’s advice on how to structure your business so you have more freedom and time 30:30: Finding investment opportunities outside of real estate