AREI 7: Leaving a Long Legacy with Marcus Long
How can you create an impact for the next generation? That is what Marcus Long will talk about in this episode. Marcus is the founder of A Long Legacy, in which he seeks to share his experiences, provide resources and investment opportunities, and inspire others to achieve financial freedom. He currently owns or has a general partnership in 15 properties including single-family, multi-use, and farms. He is a Limited Partner in 278 units in apartment and mobile home park syndications and has experience in private lending.
Marcus shares how he creates a generational impact through real estate. He also talks about the importance of teaching the young generation about financial freedom and the legacy he wants to leave behind.
[00:01 - 04:01] Opening Segment
We introduce Marcus to the show
How Marcus started in real estate
[04:02 - 10:51] The Significance of Education and Having the Right Strategy
Jumping from his first to second investment
Educating himself in real estate
Why experience is important
Having the right strategy
[10:52 - 22:51] Creating a Generational Impact through Real Estate
Marcus on working with his family
Why it was a challenge
Setting roles is key
Networking and building relationships
Scaling out of his W-2
Time and financial freedom
Making an impact on his family life
Marcus on educating his children about financial literacy
The importance of learning cash flow at an early age
Leaving a legacy for his children
[22:52 - 26:29] Asking Marcus the Adventurous Four
Where Marcus wants to travel
One thing on Marcus’ bucket list
How he plans to use real estate to achieve it
Marcus’ advice for aspiring passive investors
How Marcus wants to leave an impact
[26:30 - 28:27] Closing Segment
How you can get in touch with Marcus
Final words
Tweetable Quotes:
"It comes down to what someone’s goal is and how a different strategy can help them achieve that goal.” - Marcus Long
“I wanted to put myself in a position that when the time came to make a decision, it wasn’t the paycheck that made that decision. If I was still passionate about the mission, if I still wanted to do the job, that I could stay and do it. That if I was ready to move on, it wasn’t the dollar sign that kept me in there.” - Marcus Long
Connect with Marcus Long on LinkedIn!
Make sure to check out A Long Legacy on its website, Instagram, Facebook, and LinkedIn!
Resources mentioned:
Until next time…
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