REI161: A Better Way to Build Wealth w/ Sean O’Dowd

<p>Patrick Donley talks with Sean O’Dowd about why he thinks there is a better way to build wealth through starting a business and using the profits to buy real estate investments.&nbsp;</p><p>Sean graduated from the University of Pennsylvania’s Wharton School and worked at Boston Consulting Group. He left behind this traditional path to success to take a bet on himself and built a one-man consulting shop and dumps all of his profits into real estate.</p><p><br></p><p><strong>IN THIS EPISODE, YOU’LL LEARN:</strong></p><p>00:00 - Intro</p><p>09:28 - How buying a diamond engagement ring provided the impetus to start a consulting side hustle.</p><p>05:25 - What he learned working for one of the top consulting firms in the country.</p><p>05:25 - How he grew his side hustle into a one-man consulting shop that nets $500,000 per year.</p><p>12:57 - Why picking the right partner in life is so important.</p><p>24:04 - What his current real estate strategy is that has proven much more profitable?</p><p>33:18 - Why his first real estate investments didn’t pan out.</p><p>55:59 - Why does he think house hacking is a terrible idea?</p><p>And much, much more!</p><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li>Robert’s book <a href="https://www.amazon.com/Everything-Guide-House-Hacking-Step/dp/1507217196?crid=2XTBV6G2E42IF&amp;keywords=house+hacking&amp;qid=1665064689&amp;qu=eyJxc2MiOiIzLjg4IiwicXNhIjoiMy4yMCIsInFzcCI6IjMuMTUifQ%3D%3D&amp;sprefix=h%2Caps%2C733&amp;sr=8-4&amp;linkCode=ll1&amp;tag=tipnetwork-20&amp;linkId=a132326a2afb5f5f24b4bae22abb9a38&amp;language=en_US&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank"><strong>The Everything Guide to House Hacking</strong></a>.</li><li><a href="https://www.amazon.com/Hero-Empire-Daring-Winston-Churchill/dp/0385535732?_encoding=UTF8&amp;qid=1674073601&amp;sr=8-1&amp;linkCode=ll1&amp;tag=tipnetwork-20&amp;linkId=9e8e6f25b4555d45