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911WealthNetwork.com Founder and Host, Dave Knight is a full time Police Officer who outside the workplace has been able to grow a multi-million dollar rental income portfolio.

First Responders Wealth Network Podcast was created to help ALL First Responders become educated and exposed to the possibilities of real estate investing, the strategies used to grow your wealth, and to stop relying on your paycheque and pensions alone.

Top millionaire investors, industry leading professionals, and success stories from other First Responder investors throughout Canada and United States are showcased weekly to share their journey and lessons learned.

Dave’s mission is to help educate, inspire to take action, create a network, and change ALL first responders mindset on how they approach their financial future or retirement. #911WealthNetwork 

Feb 22, 2021

 “Formal education will make you a living; self-education will make you a fortune.” - Jim Rohn

In this episode with Pete Galopoulos, we talk about the importance of financial literacy, and his process on how he became financially free after a decade in policing. 

 

Key Take-aways:

  • What is Passive investing and how can it multiply your annual cashflow
  • Investing Passively VS Actively
  • Saving and Buying Real Estate
  • Private Lending
  • Private mortgages and what it looks like
  • Lending money secured by real estate
  • Importance of due diligence
  • Pension plans: knowing pension providers and how it works
  • Diversifying what you own through different strategies

 

Books:

Rich Dad, Poor Dad  

Total Money Makeover  

Simple Wealth, Inevitable Wealth