Great interview. I also agree with not giving your children generational wealth because I would rather teach them how if they want to than give them the wealth without them understanding how to use it and maintain it. I would not like to see my children turn into a Paris Hilton who made a sex video and is just a spoiled ungrateful brat. I own two lots free and clear. Both lots were a package deal for a total of 87k in a very desirable area with lots of wealthy people around. One of the lots has an unfinished home on it that I plan on selling as soon as I'm finished building it. The other is raw land that I plan on keeping for myself and building a small apartment inside of a shop type of structure that will be my primary residence when I'm not traveling the world on my sailboat. My home when finished is worth 1.2 m and I also have 450k. My plan is to either purchase a tenplex apartment building or build one from the ground up after I get the money from selling the home that I'm building. I guess I could finance a larger apartment building but I've never been in debt and don't want to risk putting my future barndominium up as collateral in case I fail for some reason and loose everything I've spent my entire life building. I plan on retiring as soon as I have at least a tenplex apartment building. I think that's all I need to live my dream life of sailing around the world. I'm almost there. Do you think the apartment rental business is the best way to get a positive cash flow with little effort or would there be another path that I should look at that might be better?
Typically those loans are for remediation, clean up of known environmental issues. Is that what you're asking about? Other loans would be for job creation
@@RonaldRohdeLaw Yes, I don't know much about the gas business. But I like to have a gay station. I used to run one when I was 17. Now, I'm in a car wash business been detailing for 30 years. Just trying to figure out how to get start up funding. Or just least a gas station franchise.
Great interview! Big fan of Chris on Twitter so great to hear more of his story!
PS how does a guy get a Gas Biz hat?
Yeah he always tries to share something new!
You can't get a Gas biz hat, the hat chooses you!!!
The man has a great heart. I have an open door policy, helping a few people who are well to do today. With no agenda.
Totally agree. It’s a different mindset
Great interview. I also agree with not giving your children generational wealth because I would rather teach them how if they want to than give them the wealth without them understanding how to use it and maintain it. I would not like to see my children turn into a Paris Hilton who made a sex video and is just a spoiled ungrateful brat. I own two lots free and clear. Both lots were a package deal for a total of 87k in a very desirable area with lots of wealthy people around. One of the lots has an unfinished home on it that I plan on selling as soon as I'm finished building it. The other is raw land that I plan on keeping for myself and building a small apartment inside of a shop type of structure that will be my primary residence when I'm not traveling the world on my sailboat. My home when finished is worth 1.2 m and I also have 450k. My plan is to either purchase a tenplex apartment building or build one from the ground up after I get the money from selling the home that I'm building. I guess I could finance a larger apartment building but I've never been in debt and don't want to risk putting my future barndominium up as collateral in case I fail for some reason and loose everything I've spent my entire life building. I plan on retiring as soon as I have at least a tenplex apartment building. I think that's all I need to live my dream life of sailing around the world. I'm almost there. Do you think the apartment rental business is the best way to get a positive cash flow with little effort or would there be another path that I should look at that might be better?
Where do you go to get government loans for gas station with no
Interests
Typically those loans are for remediation, clean up of known environmental issues. Is that what you're asking about? Other loans would be for job creation
@@RonaldRohdeLaw Yes, I don't know much about the gas business. But I like to have a gay station. I used to run one when I was 17.
Now, I'm in a car wash business been detailing for 30 years. Just trying to figure out how to get start up funding.
Or just least a gas station franchise.