Join your host David Pere with guest Danny Frye, they talked about their journey in Real Estate! They’ll also discuss things about syndication, hotel, hospitality business, and so much more in this episode! About Danny Frye: TimeStamps 02:58 - Danny Frye's introduction 07:12 - Talking about how an agent should be flexible 08:54 - Path Danny took after the military (Real Estate Sales) 11:12 - Danny talks about TSP 20:49 - Importance of Syndication 26:30 - Owning a hotel and hospitality business 32:49 - Class of hotel Danny operates 39:46 - Danny explains more about hotel franchise, and flags 46:50 - Actual occupancy average Sponsor: Real Estate Investing Course: Recommended books and tools: - SUBSCRIBE: - Website: Instagram: Facebook: - My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: to the channel for more awesome videos!...(read more)
LEARN MORE ABOUT: Thrift Savings Plans
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As a hotel investor, I take a keen interest in financial planning and strategies that can help me secure my future. One such financial planning tool that has caught my attention is the Thrift Savings Plan (TSP). TSP is a retirement savings plan for federal employees and uniformed services members, and it offers various investment options that can aid in building a solid financial foundation. The TSP is a tax-deferred savings plan that allows federal employees and uniformed services members to invest a portion of their pre-tax income to save for retirement. It is an automatic payroll deduction plan, which means that contributions are automatically deducted from the employee's paycheck. The funds in the TSP account are invested in various investment options, such as government securities, fixed income funds, and stock funds. As a hotel investor, I appreciate the investment options that TSP provides. The government securities and fixed income funds provide a stable, low-risk investment option for those who do not want to take on too much risk. The stock funds, on the other hand, provide an opportunity for higher returns but are subject to greater market volatility. TSP's diverse investment options are aligned with my goal of building a diversified investment portfolio that can withstand market fluctuations. I also appreciate the low fee structure of the TSP. The fees charged for managing the account are significantly lower than the fees charged by other similar savings plans. This means that investors get to keep a larger portion of their returns, which is critical in building long-term wealth. Another advantage of TSP is its convenience. Since contributions are automatically deducted from the employee's paycheck, there is no need to remember to make contributions or set aside money from your salary. This automated feature eliminates the need for manual record-keeping, which is a plus for busy hotel investors like myself. Finally, the TSP offers various withdrawal options, including a lifetime annuity option that guarantees a monthly income for retirees. This feature provides a sense of security for investors, knowing that their retirement savings can provide a steady stream of income during their golden years. In conclusion, as a hotel investor, the Thrift Savings Plan has caught my attention as a great investment tool. The diverse investment options, low fees, convenience, and lifetime annuity option make it an attractive option for investors looking to build a solid financial foundation for retirement. https://inflationprotection.org/examining-the-thrift-savings-plan-through-the-perspective-of-a-hospitality-investor/?feed_id=91813&_unique_id=6449fdc5d7da5 #Inflation #Retirement #GoldIRA #Wealth #Investing #customerservice #customerservicerepresentative #DannyFrye #frommilitarytomillionaire #Hospitality #hospitalityandtourism #Hotel #hotelcalifornia #hotelcaliforniaeagles #hotelinvestigation #hotelinvestment #hotelinvestmentexplained #hotelinvestmentpart2 #hotelinvestmentpitchdeck #hotelinvestor #hotelier #investigatinghotelrooms #investinginhotels #militarymillionaire #ThriftSavingsPlan #customerservice #customerservicerepresentative #DannyFrye #frommilitarytomillionaire #Hospitality #hospitalityandtourism #Hotel #hotelcalifornia #hotelcaliforniaeagles #hotelinvestigation #hotelinvestment #hotelinvestmentexplained #hotelinvestmentpart2 #hotelinvestmentpitchdeck #hotelinvestor #hotelier #investigatinghotelrooms #investinginhotels #militarymillionaire
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