Ever wondered how a seasoned neuroscientist transitions into a successful real estate investor? Join us on Go Big with Gib as we welcome Tim Fergestad, a PhD in neuroscience who has turned his analytical skills toward the profitable world of real estate. Tim reveals his journey from Minnesota to Arizona, driven by his wife’s career in anesthesiology and their quest for a better lifestyle. Learn how Tim applied the 1% rule to strategically purchase rental properties in Indiana and North Carolina, and navigate the complexities of managing out-of-state investments.
Explore the multifaceted benefits of real estate investing as Tim shares the secrets behind Oak Street Assets and its remarkable growth over the past five years. We discuss recession-resistant properties, the tax advantages of depreciation, and the power of networking and investor education. Discover the innovative approach of the 10Y Rise Fund and the lucrative opportunities in the Phoenix market, particularly with high-end rental properties designed for workforce housing. This episode is a treasure trove of insights for anyone keen on building wealth through real estate.
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