Should you dream of changing into a profitable actual property investor, there are three “pillars” of wealth you will need to construct in your personal life. What are these keys to monetary freedom? Nicely, fortuitously, at present’s visitor has written a whole e-book about them!
Welcome again to the Actual Property Rookie podcast! In the present day, we’re talking with none aside from David Greene—host of the BiggerPockets Actual Property podcast and writer of SIX prime actual property investing books—the newest of which is titled Pillars of Wealth. Far too usually, rookie buyers dive into the world of actual property with out having mastered the three areas they should succeed—making, saving, and investing their cash. Then, they’re gutted when actual property doesn’t work out for them. The reality is that the cash habits you construct at present will observe you all through life. Work exhausting, foster a wholesome cash mindset, and grasp one problem earlier than advancing to the subsequent. That is the actual path to monetary freedom.
On this episode, David shares his personal experiences with cash—together with how he was in a position to steadily improve his revenue over time, save over $100K whereas in faculty, and discover success as an actual property investor. You’ll study concerning the true price of monetary freedom, methods to play offense AND protection together with your cash, and why you MUST work the lengthy sport with actual property—prioritizing delayed gratification over rapid money circulation!
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Notice By BiggerPockets: These are opinions written by the writer and don’t essentially signify the opinions of BiggerPockets.