Summary: <br> <br> Looking for, passive income streams, for retirement? Jack Gibson, President of <a href="https://highreturnrealestate.com/">High Return Real Estate</a>, shares how to use real estate to build passive income.<br> <br> Today’s episode in the 3rd in our series on building wealth with Real Estate investments. My intention is to sow seeds into your subconscious that 2019 is the year to build your net worth. The power of intention is an invisible force of energy in the Universe. It is activated when we become inspired and will propel us towards our goals.<br> <br> <br> <br> Looking for a Passive Income Coach? Check out my one hour coaching special on <a href="https://myhelps-coaching.myshopify.com/products/one-hour-coaching-session">Shopify </a><br> <br> * Guest Biography<br> <br> Jack Gibson began his entrepreneurial journey at 19, and founded his first company at the ripe old age of 21. Operating a successful nutrition consulting and distribution company. He had built a multi-million dollar venture before he was old enough to rent a car. Soon thereafter, he bought his first home as an investment. One home quickly became five, and then the bug hit. He became obsessed with learning everything about Real Estate Investing and soon had over 50 investment properties generating Massive amounts of passive income. Today, Jack spends his time mentoring other entrepreneurs, building his real estate investment portfolio, and helping other investors to build a brighter future through the power of turnkey real estate income.<br> <br> <br> <br> <br> <br> Sponsored AD<br> <br> Are you one of the millions of uninsured Americans who currently suffer from type 1 diabetes and is struggling month to month to afford your insulin because of the ongoing prices? Then <a href="https://www.referralrx.com/" target="_blank" rel="noopener">ReferralRX.com</a>is your solution. Through our free specialty insulin referral program we can help our customers as well as pet owners save forty to fifty percent off of their insulin. Guaranteed! So stop the struggle and visit <a href="https://www.referralrx.com/" target="_blank" rel="noopener">www.referralRX.com</a> or call us direct at 888-381-6675 to find out how we can save you thousands of dollars off of your insulin without draining your pockets like the big chain pharmacies do.<br> Show Notes<br> My very first business that I started at age 19 was a multi-level marketing nutrition distribution business. The whole goal of that business was to build up a sales team and create ongoing, passive streams of income, so I got that concept right away. I built that business up over the years and we currently have annual revenues over ten million dollars. The last couple years it's been a little bit more part-time or quite a bit more part-time as I pursued building my real estate company. But I mean I still love it, I still love the people and I love the, passive streams of income,. Two years into my network marketing company, I read the book Rich Dad Poor Dad, that was the book that really transformed my mind to start thinking about utilizing real estate as a way to deploy the cash that I was making in my primary business and add additional, passive streams of income,. I was still investing in stocks until about 4 years ago. I was in stocks for most of the last 14 years, so about four years ago two events happened that were critical and really pushed me over into investing into real estate as another, passive streams of income,<br> <br> There were two negative events, but you know most negative events if we look back we can find the good in them. One of them was I had some insider information, not anything illegal by any stretch, I mean I knew that our company had a good earnings quarter. I mean it wasn't that hard to figure out based on what I heard from all my colleagues, so that's kind of my insider information.
