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The Money School Podcast shares the secrets of the wealthy, so you learn how money really works and take back control of your life!

You'll hear the inside story of wealthy entrepreneurs and investors... breaking down how they got started, how they think about money, how they put money to work for them, and how you can change your life simply by doing ONE thing differently with the money you already have.

Through the podcast, you'll become your own bank - mastering how money really works - so you can use it to gain the upper hand and take command of your finances. After all, building wealth isn't about resources, it's about being resourceful. 

Hosted by Chris Naugle, former pro snowboarder turned real estate investor, serial entrepreneur, and money mentor, this podcast has one mission - to show you how money really works so you can reclaim control of your life!

May 28, 2020

Successful investing requires time, energy, and persistence, but those things are meaningless if people don’t trust us enough to give us their money in the first place. 


What truly drives someone’s decision to give us their money is our integrity, and the knowledge that their investment is in safe and trustworthy hands. We won’t unlock the opportunities if we don’t fully understand our moral responsibility to our investing partners. 


In order to get traction with bigger deals, we need capital, and capital is generated when trust is earned. 


How does trust make it easier for us to source money for deals? In these tough times where should we be looking to put our money? How do we deprogram limiting beliefs and internal obstacles?


In this episode, multifamily investor and expert, Jack Petrick talks about finding opportunity and why success in this business starts with good ethics.  


Three Things You’ll Learn In This Episode 

- Why we need to take a risk in order to grow 

Our educational system punishes us when we fail at a subject or don’t do well enough. It makes us afraid to make mistakes or fail and we become afraid to risk anything, which hampers our growth. 


- The 3 barriers of getting into multifamily investing

You need to have deal flow, capital (bring money to the table) and a net worth equal to the loan amount. But it’s not impossible to get these things in order with the right partnerships and credibility goes a long way to helping get those partnerships.


- The moral obligation every investor should have 

People are not investing in a one-way deal; they are investing in you and your skills, and most importantly your integrity and ethics. It is our responsibility to make sure they always get their capital back, and that no matter what happens, they are made financially whole again. This is just as important as our expertise and experience.


Guest Bio- 

Jack Petrick is a multi-family investor and expert, and owner of Petrick Property Group. 


He is a full-time apartment investor focusing on equity improvement, value-add turn-around projects, and multifamily apartment buildings. 

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