Episode
202
Thu, 20 Feb 2025 20:00:00 +0000
Most cabinet shop owners focus on making money—but are they building wealth?
On this episode of Cabinet Maker Profit System, Dominic Rubino talked with real estate investor Troy Kearns about how business owners in the trades can leverage real estate to create financial freedom and generational wealth.
Many business owners lease their shop space, thinking it’s the easier option. But over time, rent drains your profits—and you end up with nothing to show for it.
✅ Owning your shop locks in long-term savings
✅ You can rent out extra space to offset costs
✅ Real estate builds wealth while reducing taxes
Troy shares practical strategies for contractors to purchase their own property, even if they think it’s out of reach:
✔️ SBA Loans – Buy your building with as little as 10% down
✔️ Cost Segregation & Depreciation – Save huge amounts on taxes
✔️ Right of First Refusal & Lease Options – Secure your future purchase NOW
✔️ Start Investing Elsewhere – If you can’t buy your shop yet, invest in rental properties to build capital
Troy and Dominic discuss contractors who have successfully transitioned from leasing to owning—and even used real estate to fund their retirement.
💡 The Bottom Line: If you’re running a business in the trades, real estate should be part of your financial plan.
Guest: Tony Kearns | Site | Millionaire Mentorship
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