Ep. 45 - Unlocking the Secrets to Winning Real Estate Investments
There are secrets to growing your wealth, and the truth is real estate is the best avenue to exercise them. In this episode, we tackle a long-running question: why do we focus on real estate and its principles so much? With that in mind, we discuss the four investment buckets and emphasize the leverage of real estate for long-term gains while comparing potential returns on investment and recommend diversifying your portfolio, with the majority in real estate. Buying primary residences with little down payment, renting them out to accelerate mortgage payments, creating a separate business account—we highlight real estate success strategies that few know about. We’ll even save you on some avoidable mistakes, like liquidating assets too soon.
Tune in, and unlock the secrets to winning real estate investments.
[00:01 - 05:55] An intro to exploring the secrets and hidden gems of real estate investing
[05:56 - 13:04] Why real estate? Leverage the power that comes with homeownership
[13:05 - 19:32] How to buy your first home with little to no down payment and turn it into an asset
[19:33 - 26:04] Real estate vs. stocks—here’s why real estate is the safer investment with more options to add value
[26:05 - 32:06] The fastest way to grow wealth and retire independently
[32:07 - 39:59] How to play the real estate long game and avoid potential pitfalls
Quotes:
"Don't worry about the price, and don't worry about the rate. As long as it cash flows, it will always cash flow at what you got that loan at. Because rents don't go down. They only go up." - Quinton Harris
"The idea here is you grow wealth in this house that you buy to start off with, and there are tools that allow you to get that money and use it to purchase additional properties." - Quinton Harris
"You cannot treat real estate like it's the stock market." - Quinton Harris
"If you don't own property, you don't own nothing." - Snoop Dogg
Resources Mentioned:
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Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.
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