In this episode, we ask:

• Is this what you expected?
  
• What happens when you want to buy out your partners?
  
• Who is Philip Harris?
  
• How did Mark and Philip meet?
  
• What was Philip’s first memory of real estate and real estate investing?
  
• What about commercial real estate?
  
• What about residential real estate?
  
• What is Philip’s background?
  
• What did Philip learn from mentors?
  
• Where do you get your energy from?
  
• How did Philip learn about infinite banking?
  
• What about syndication?
  
• How does Philip engage infinite banking / the Bank on Yourself® concept to buy real estate?
  
• How is Philip “syndicating on himself”?
  
• What is syndication?
  
• What are the responsibilities?
  
• What about passive vs. active?
  
• How did Bank on Yourself® factor in to Philip’s strategy in the earlier years?
  
• What are the additional benefits?
  
• Why is this a good fit for Philip?
  
• What are the headaches?
  
• How does Philip’s engineering expertise drive his interest in whole life insurance?
  
• How is boring actually exciting?
  
• What are the goals?
  
• What are the limits?
  
• What about income replacement?
  
• What about diversifying into various property types?
  
• What did Philip realize?
  
• What about eliminating the lender?
  
• Why turn to a lender?
  
• Will Philip become the lender for other borrowers?
  
• What advice does Philip have?
  
• What is prosperity?
  
• Would you like to reach out to Philip at philip_harris@terrabonainc.com?
  
• Would you like to join the Not Your Average Financial Community?
  
• What could you do?
  

Philip Harris, a native of Texas, leveraged a B.S. in Computer Science & Engineering and MBA in Finance into a corporate career of 25 years in Computer Engineering and Support as well as Executive Management. Retiring in 2013, he began pursuing a new career as a commercial real estate investor, after studying under several mentors. Philip initially syndicated three multifamily deals but has since chosen to pursue his fourth (and soon-to-be fifth) deals on his own using a self-banking system and benefits from that approach.