Financial Planner AND Real Estate Investor with Meghan Chomut

Property Profits Real Estate Podcast

Inhoud geleverd door Dave Dubeau. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Dave Dubeau of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

3+ y ago 16:23

MP3•Thuis aflevering

Gearchiveerde serie ("Inactieve feed" status)

When? This feed was archived on December 08, 2022 17:39 (1+ y ago). Last successful fetch was on November 04, 2022 13:05 (1+ y ago)

Why? Inactieve feed status. Onze servers konden geen geldige podcast feed ononderbroken ophalen.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

What you’ll learn in just 17 minutes from today’s episode:

Learn how financial planning skills help you make sound real estate business decisions
Find out why a financial planner’s compensation looks small in rates and yet adds up hugely
Discover how you can make use of your tax-free savings account with investments other than real estate

Resources/Links:

meganchomut.com

Summary:

Meghan Chomut is a Financial Planner that works with families and investment property owners to make smart financial decisions. From debt repayment strategies to savings (how much + where), to tax planning and everything in between. She loves helping families get their finances organized, streamlined, and set up properly so they can actually SEE financial freedom (or be ready should an opportunity come up!).

In this episode, Meghan talks about her transition from a financial planner to a real estate investor, how her financial planning skills help in her real estate business, and when it comes to financial planner’s compensation rates, she shows you how it can add up.

Topics Covered:

02:37 – What was her journey like – starting as a financial planner to becoming a real estate investor

07:42 – Owning her own financial planning company

08:50 – How do financial planners get compensated

13:09 – Utilizing tax-free savings account as an additional investment other than a real estate portfolio

14:21 – Her thoughts on self-directed RSP accounts, and self-directed TFSA accounts

Key Takeaways:

“Index investing is really big right now. So, it’s just picking the account that services you best, and for real estate investors, I do think I would lean more towards tax-free savings accounts as opposed to RSP’s because there are some strategies with using RSP should you sell your rental property and trying to reduce the taxes there. But I do see that tax-free savings accounts are really underused and that misunderstanding that literally anything can go in them.” – Megan Chomut

“I personally use self-directed RSP, but it’s kind of on your preference and your comfort level. So maybe starting without one and then as you get more and more familiar with how it all works, moving over to one isn’t a big deal.” – Megan Chomut

Connect with Megan Chomut:

Facebook

Connect with Dave Dubeau:

Enjoyed the Podcast?

Please subscribe on iTunes for updates

364 afleveringen

#Business #Real Estate #Dave Dubeau #Trading #MBA #Careers