Show notes
Join Steve and Vince as they chat with Andrew Lanoie about manufactured housing and the need for multiple streams of income. Andrew is one of the co-founders and managing members of Four Peaks Capital Partners. The company aims to bring lucrative, private investment opportunities, often reserved for the ultra-wealthy, to any qualified investor. Their target investment sectors are outside of Wall Street’s churn and burn machine. Meanwhile, their investors seek out tangible assets that provide income and help build wealth for future generations. Today, Andrew shares with us his journey, from working as a talent agent at William Morris to providing affordable housing with Park Place Communities. There is a lot to unpack so, stay tuned and enjoy the episode! “The American Dream” and The Need for Multiple Income StreamsThe American Dream is dead and has been for a while now. Even today, many people refuse to accept that the whole economy is built off of an age that no longer exists. In this episode, Andrew Lanoie explains why people still believe so and how their lack of education primarily causes it. Andrew would start with the story of his grandfather, who was in the lower middle class but was still able to get married, raise three kids, and own a house, all the while working as a plumber. Back in the day, someone working lower middle class can afford all of that because the cost of food and energy had yet to inflate. But now, what Andrew’s grandfather had earned annually would not even suffice as individual income, with expenses going through the roof, inflation gaining momentum, and salaries not keeping up. Hence, most people nowadays reconsider getting married, having kids, or even owning a house.Outline of the episode: • [• [• [• [• [• [• [• [• [• [• [• [ Resources:• Company Website: https://theimpatientinvestor.com • LinkedIn: https://www.linkedin.com/in/andrewlanoie • Twitter: https://twitter.com/andrewlanoie Connect with The Cashflow Project!• Website• LinkedIn• Youtube• Facebook• Instagram
