On this episode of Tech Guys Who Invest, we talk to the architect of the eQRP system, Damion Lupo, about how powerful this tool is and why more people don’t know about it. Prepare to be educated on one of the most powerful ideas we can present you: investing for cashflow from your retirement account! In addition to advantages of checkbook control and ability to roll existing IRA and 401(k) funds into an eQRP, there are tax advantages not found in SDIRA’s for investors in real estate financed with debt. This show is a must listen for anyone investing in real estate and for those wanting to escape the chains of a 401(k). The eQRP makes it possible to unlock money otherwise trapped in your retirement accounts, for real estate investing. Damion also shares powerful wealth mindset ideas with us. Listen to this episode to learn how the wealthy think.

About our guest
Damion Lupo’s mission is simple: to free a million people from financial bondage. His unique tool is a fusion of financial literacy and a little-known strategy called the eQRP that allows investors to control their financial future and get off the wall street roller coaster.

He’s the Best-Selling Author of 12 books on personal finance, investment, and retirement planning. He hosts the Financial Underdogs podcast, has owned more than 50 companies, and is the founder of his own martial art, Yokido®.

Damion is the CCO of the eQRP Co. and the lead architect of the eQRP® -- the Ferrari of 401(k)s®. The eQRP® is a unique and powerful system to put individuals in command of their own investments, tapping into the $25 trillion locked away in Wall Street-controlled retirement programs!

Damion is also a professional investor with decades of real-world experience that started with the purchase of his first rental using a VISA card advance -- a move that snowballed into 150 rental houses in less than 5 years. In 2008 he lost the whole $20 million business only to bounce back and recreate his wealth in 5 years.

Discussed in this episode:
Explanation of what an eQRP is and how it works.
How an eQRP differs from a 401(k), an IRA and an SDIRA.
Yes, a W2 employee can have an eQRP!
The mindset of a wealthy person
What someone who has $50k in a traditional IRA should be thinking about.
How eQRP helps you avoid UBIT and UDFI

Referenced in the show:
https://www.financialunderdogs.com/
QRP Book by Damion S. Lupo
Text 72000 for QRP book summary
https://www.totalcontrolfinancial.com/qrp
Principles
Rich Dad Poor Dad
Cashflow Quadrant
Jim Rohn
Tony Robbins
BRRRR
Infusionsoft