Eric Burns - Firefighter Turned Investor
Armed with a degree in Finance, Eric Burns joined the Cincinnati Fire Department. Serving for 17 years, and serving as a Lieutenant, he decided he wanted to build a side hustle for after his career was over. He got started in real estate investing in 2013. After working hard to build his own portfolio, he found out he just created another job for himself that was difficult to scale. He then turned to syndication and capital raising as a way to get out of the day to day and allow larger and experienced operators to handle that while he found investors. Today, Eric is the founder of Flowers Capital and has a passion for helping others achieve financial freedom with a focus on quality, diversification, and long-term success.
In this episode, you will be able to:
- Discover the secrets to scaling real estate investments passively and unlocking greater returns with reduced effort.
- Uncover how to transition from residential to commercial real estate and the potential for increased cash f...
Experiencing the "Wealth Tripod" Through Laundromat Investing
Investing in laundromats offers a unique and lucrative opportunity for those seeking to build wealth through passive income. During our recent podcast episode with Jordan Berry, we discussed the pros, cons, and lessons learned from diving into this niche business. Here are some of the key highlights to consider if you're thinking about laundromats as a way to build your financial freedom.
For the full episode with Jordan Berry on laundromat investing, check it out here:
https://www.relfreedom.com/blog/jordan-berry-laundromat-investing
1. Exceptional Cash Flow Potential
One of the standout benefits of owning a laundromat is the impressive cash flow, when fully operational. Unlike real estate investments, where cash flow can be moderate, laundromats often deliver unleveraged returns of 20–25% annually. Adding a loan to the mix, with a smaller initial investment of cash, can amplify these returns further. When done right, laundromats disassociate time from money, makin...
