A Guide from a Business Owner Who Retired at 55 - Harder Working Money

Episode 13

A Guide from a Business Owner Who Retired at 55

Michael Guthrie is a business owner who created a multimillion-dollar ATM machine business. He used that business income to invest in over 8,700 apartment units across multiple markets which now provide a passive income stream. He now capital raises and syndicates apartment complex and other assets to bring this knowledge to other business owners with his company Pacific Capital LLC.

On this podcast, Mike Guthrie shares his journey from being an X-ray tech to starting an ATM company and the challenges he faced in planning for retirement. He emphasizes the importance of investing in tax-advantaged assets to reduce your tax bill and diversifying income streams. Mike discusses the benefits of investing in real estate, including multifamily properties and triple-net leases. Mike highlights the importance of continually reinvesting in education and seeking advice from experts in order to make informed investment decisions.

Host Contact Details:

Brian O'Neill - Passive Capital Partners

passivecapitalpartners.com


For more tips and advise for business owners looking to invest outside the stock market and reduce their taxes, follow me on my social media channels:

Facebook: Brian.Oneill.Investor

Instagram: Brian_Oneill_Investor

Youtube: Harder Working Money

Linkedin: brian-oneill-pcp

 

Guest contact details:

(509) 270-6701

Michael@CypressAdvantage.com

mike@cypressadvantage.com

About the Podcast

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Harder Working Money
Ultimate guide for business owners looking to make their money work harder for them through investments outside of the stock market.

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About your host

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Brian O'Neill

Brian is the principal owner of Passive Capital Partners - an apartment investment private equity company. Brian holds a degree in construction management from Cal Poly and has been a successful entrepreneur for the past 16 years. He started his first company in the construction industry right out of college, running it successfully for 16 years. During that period, he started two others companies in the hospitality industry. After 16 years as an entrepreneur, he sold and exited all 3 successful businesses and transitioned to the apartment investing real estate world. He now wants to share the knowledge he's acquired being an entrepreneur as well as how he limits taxes and invests the earnings from his business successes outside of the stock market and into tax advantaged hard assets investments.