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Greg Herlean

👤 Person
252 total appearances

Appearances Over Time

Podcast Appearances

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

And I never knew before I heard someone talk about this, this was even an option. A bank wouldn't lend me money. My family had zero money. But someone taught me this and I was like, wow, someone with their IRA can give me the money and then I can pay them back profits and they pay nothing in taxes until they pull it out someday.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

And I never knew before I heard someone talk about this, this was even an option. A bank wouldn't lend me money. My family had zero money. But someone taught me this and I was like, wow, someone with their IRA can give me the money and then I can pay them back profits and they pay nothing in taxes until they pull it out someday.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

So that was, so for me, that's kind of where it started was understanding, you know, as far as entrepreneurs, understanding where money and capital is at. And I think that's really important.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

So that was, so for me, that's kind of where it started was understanding, you know, as far as entrepreneurs, understanding where money and capital is at. And I think that's really important.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

So that was, so for me, that's kind of where it started was understanding, you know, as far as entrepreneurs, understanding where money and capital is at. And I think that's really important.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

Yeah well I think it's funny too because I think when you start life I at least me right and I think most people you assume when you look at these billionaires or people with a ton of real estate whatever you assume they somehow earned that money and just bought it all right and then you actually learn like I'm friends with some billionaires and stuff. They rarely ever use their own money.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

Yeah well I think it's funny too because I think when you start life I at least me right and I think most people you assume when you look at these billionaires or people with a ton of real estate whatever you assume they somehow earned that money and just bought it all right and then you actually learn like I'm friends with some billionaires and stuff. They rarely ever use their own money.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

Yeah well I think it's funny too because I think when you start life I at least me right and I think most people you assume when you look at these billionaires or people with a ton of real estate whatever you assume they somehow earned that money and just bought it all right and then you actually learn like I'm friends with some billionaires and stuff. They rarely ever use their own money.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

I hate like the smart billionaires never use their own money. They're always using. And I actually got into real estate when I was about 20 and I used my student loan. I took a student loan out and I worked full time, had a personal training business. So that paid all my bills and I'd save like 30 grand. just from that business.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

I hate like the smart billionaires never use their own money. They're always using. And I actually got into real estate when I was about 20 and I used my student loan. I took a student loan out and I worked full time, had a personal training business. So that paid all my bills and I'd save like 30 grand. just from that business.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

I hate like the smart billionaires never use their own money. They're always using. And I actually got into real estate when I was about 20 and I used my student loan. I took a student loan out and I worked full time, had a personal training business. So that paid all my bills and I'd save like 30 grand. just from that business.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

And then I took the student loan out and put all of that towards my first real estate deal. And then every year I bought another one because the profits I put straight into a separate account to work on the down payment. So I just, you know, that's one example. And I'm sure that's how you've got some of your 2000 doors and units isn't like you're not buying them all in cash, right?

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

And then I took the student loan out and put all of that towards my first real estate deal. And then every year I bought another one because the profits I put straight into a separate account to work on the down payment. So I just, you know, that's one example. And I'm sure that's how you've got some of your 2000 doors and units isn't like you're not buying them all in cash, right?

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

And then I took the student loan out and put all of that towards my first real estate deal. And then every year I bought another one because the profits I put straight into a separate account to work on the down payment. So I just, you know, that's one example. And I'm sure that's how you've got some of your 2000 doors and units isn't like you're not buying them all in cash, right?

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

You're leveraging money.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

You're leveraging money.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

You're leveraging money.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

Leveraging money in particular, my place is retirement funds. I mean, that's something you and I spoke about for a second, but I don't think people really grasp that they understand how much money is in retirement accounts. And this is one of the secrets.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

Leveraging money in particular, my place is retirement funds. I mean, that's something you and I spoke about for a second, but I don't think people really grasp that they understand how much money is in retirement accounts. And this is one of the secrets.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

Leveraging money in particular, my place is retirement funds. I mean, that's something you and I spoke about for a second, but I don't think people really grasp that they understand how much money is in retirement accounts. And this is one of the secrets.