The 4 Pillars of Wealth Generation with Whitney Elkins-Hutten, Ep. 408

Whitney Elkins-Hutten is the Director of Investor Education at PassiveInvesting.com. She is a partner in $700MM of real estate including over 5k residential units, and more than 1400 self-storage units across eight states. She also has experience flipping $3 million dollars worth of residential real estate. We talked to Whitney about the four pillars of wealth generation and passive investing.

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[00:01 – 07:30] Opening Segment 

• Whitney talks about her background.
• She talks about how she got her title and what she does;
• She talks about how she got into real estate;
• The things that led Whitney to educate herself.
• How she started investing in both the active and passive side.

[07:30 – 18:41] Four Main Pillars of Wealth Generation

• Some key lessons for investors;
• Four main pillars of wealth generation; 
• The importance of understanding the different ways real estate can be a value;
• Some of the things you should do before quitting your professional career to start investing;

[18:41 – 30:58] Passive Investing

• Some of the challenges that typical investors face and how Whitney helps them navigate;
• The reasons why you should start investing passively and why you shouldn’t;
• Some lessons learned through passive investing.
• How passive investing can give you the time you need;

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 [30:58 – 36:12] Round of Insights

Apparent Failure:

Not removing herself from the equation in property management.

Digital Resource:

Stessa

Most Recommended Book:

The One Thing

Daily Habit:

Exercising 

#1 Insight for Commercial Real Estate

The four pillars of wealth generation

Best Place to Grab a Bite in Colorado: 

McDevitt Tacos

Contact Whitney:

To learn more about Whitney go to her website.

Tweetable Quotes:

“If you go right to the end milestone, you may not get started”  – Whitney Elkins Hutten

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