Episode 14: How to ACTUALLY Create Generational Wealth | bonniegalam.com

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Episode 14: How to ACTUALLY Create Generational Wealth

March 13, 2021

Real estate investing creates generational wealth, right? …. Wrong!Don’t mistake net worth with long-lasting wealth.Sorry to burst your bubble but it takes WAY more than owning mere assets to create true generational wealth. In this episode we talked about: Stories of investors who failed to successfully keep the portfolio going from one generation to the […]

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Real estate investing creates generational wealth, right? …. Wrong!
Don’t mistake net worth with long-lasting wealth.
Sorry to burst your bubble but it takes WAY more than owning mere assets to create true generational wealth.

In this episode we talked about:

  • Stories of investors who failed to successfully keep the portfolio going from one generation to the next

  • Things to consider when your “next generation” is still in diapers

  • The legal stuff you need to have in order to lay the foundation for generational wealth

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I'm a real estate attorney, self-managing landlord, generational wealth evangelist, self-education obsessed course creator, automation avenger, book worm, Sixers fan, and momma to two tiny hummusapiens. 

I believe that time is the most valuable currency, but money is a close second. I fight against the bad rap landlords get while still pushing the industry to improve. 

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    This is not a law firm. Nothing on this site should be construed as legal advice. Bonnie does not provide you or your company legal advice. We simply provide legal information and education for you to customize and use on your own and have reviewed by your own local attorney. Bonnie is an attorney licensed in NJ and PA, but is not practicing law or establishing an attorney-client relationship with you, ever through Bonnie Galam LLC. Some states may consider this attorney advertising (although it isn't intended to be). Thank you!

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