Description

How can you achieve financial freedom through multiple income streams? In this episode of The Academy Presents: Real Estate Investing Rocks, we welcome Cal Ewing. Cal discusses the differences between investing in oil and gas versus real estate, the risks associated with each type of investment, and the importance of diversifying investments. He shares how to remain disciplined with capital events and budget out money well

Join Angel and her esteemed guest touch on the need for multiple income sources when investing in real estate to ensure financial freedom.

Tune in now as Cal shares his advice about investing in real estate and achieving financial freedom through multiple income streams!

[00:01 - 02:56] From Oil And Gas To Real Estate Investing

• Angel welcomes back, Cal Ewing!
• Cal is the Principal owner of 49th Parallel Properties
• He shares his background and experience in the oil and gas industry  

[02:57 - 09:43] Exploring The Boom And Bust Of Oil And Gas Investing

• He read Rich Dad, Poor Dad by Robert Kiyosaki which shifted his mindset towards real estate investing
• His goal was to become a real estate investor and gain financial freedom
• Investing in the States and teaching Canadians how to buy foreclosures in Las Vegas
• Friends invested in real estate after dry hole, showing it still has value

[09:44 - 14:53] Understanding The Fundamentals And Managing Cash Flow

• Oil and gas is a boom and bust
• Oil companies can be rehabbed by buying wells or failing companies and selling them off for a windfall
• Real estate is easy to understand and the numbers are simple for average investors
• Multifamily is an amazing wealth builder, but not enough to replace income with just 5-6 properties

[14:54 - 20:55] Closing Segment

• Cal shares why mortgage notes are a great way to accelerate growth while still having a stable income!
• Tune in to this episode to learn more about Cal!

Tweetable Quotes:

“It's important no matter what you do a to invest in things that people are going to need for a long time.” – Cal Ewing

“My main investing strategy now buying mortgage notes. And so, I work for a private lending company. I like the stability of having an income. So, it's more about accelerating my growth by being able to put that money aside and just keep acquiring cash-flowing assets right now.” – Cal Ewing

You can connect with Cal Ewing through:

Website: Talk With Cal Ewing

Website: Cal Ewing

YouTube: @CalEwingRealEstate

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