Clip 1: Flipping is not investing, It's a Business

The Practical Wealth Show · Oct 19, 2026 · 1m

Joel Kraut joins Curtis May to discuss why property ownership alone does not create financial freedom. Drawing on his experiences as an investor, contractor, landlord, and private lender, Joel shares what rapid growth, financial loss, and rebuilding taught him about cash, leverage, and relationships. The conversation expands into building sustainable businesses, turning business income into assets outside the business, choosing trustworthy partners, and finding the courage to seek help when finances feel disorganized.

Key lessons:

• Distinguish the work that earns today's income from assets…