From Pulpit to Portfolio: How Pastor Steve Albanese Built Wealth Through Real Estate & 1031 Exchanges
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From Pulpit to Portfolio: How Pastor Steve Albanese Built Wealth Through Real Estate & 1031 Exchanges
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In this inspiring episode of The 256 Investor Podcast, host JD sits down with former minister turned real estate investor Steve Albanese to explore how faith, family, and financial foresight led him to build a successful rental portfolio in Georgia and Alabama. Steve shares his journey from planting churches in Georgia to learning the power of rental income, the boodle fund, and mastering the 1031 tax-deferred exchange to grow his real estate investments.
Whether you're a new investor or looking to scale, this episode delivers real-world insights on:
Using 1031 exchanges to grow wealth tax-deferred
Buying foreclosures and courthouse step auctions
Managing rental properties yourself vs. hiring a property manager
Leveraging equity for real estate acquisition
Living off rental income in retirement
The role of faith and persistence in long-term investing
If you're interested in real estate investing, passive income, or learning how to start with just one duplex, this episode is packed with practical advice and heartwarming stories that will motivate and educate.