246: The QRP with Damion Lupo

Damion LupoDamion Lupo’s real estate investing career began almost 20 years ago when he bought his first rental income property with a Visa card and a $6,000 cash advance. Damion went to every seminar he could find and did everything the coaches told him and still ended up almost declaring bankruptcy because he was doing the fun stuff, but not the hard work.He flipped a switch, did the work it took to be successful and in the next 5 years built up a $20 million portfolio with 150 properties including houses, apartment buildings and condos, but lost everything in the 2008 crash.Damion rebuilt his investing career and went on to become a sort of genetic entrepreneur, having started and owned more than 35 different businesses. He’s also the world’s most unemployable man.Damion’s role in the real estate industry today is as a lender where he can live the lifestyle he wants while building his wealth and advising the investors he partners with.Key PointsLiving with intention and focusThe Qualified Retirement Plan – what it is and how it can help youRoth vs. Traditional accounts – which is best for youHow to have checkbook control of your 401(k)Determining the right investment vehicle for youHow to avoid the dreaded Unrelated Income Business Tax (UBIT)Contact DamionThe eQRP CompanyConnect with Damion on LinkedInText “QRP” to 72000 for a 13-page Guide to the QRPThe QRP Book: How to Get Checbook Control of Your 401(k) Now