Most people only look at an asset from a standpoint of up to 5 years. And while there’s nothing wrong with getting into the transactional side of real estate, if you want to really build wealth this way, you need to be ready for the long game.
That means buying and holding properties for—at least!—10 years.
But what if you have a property that’s not performing so well right now? How do you make it fit in your long-term plan?
In this episode, I appear as a guest on the Consistent and Predictable Income (CPI) Community podcast which is hosted by Dan Rochon. I share my investment strategy and my criteria for purchasing properties, looking back on the lessons I’ve learned over the past 20 years of being in the industry.
Tune in for both meaningful and practical insight as we dive deep into:
- How wealth goes to the owner (of sports teams, businesses, real estate, etc.)
- One of Robert Kiyosaki’s fundamental concepts—build a business and then use the income to invest in properties
- The challenge of acquiring properties too fast
- Some things to consider when building or acquiring a fourplex and then renting it out
- The 3 pillars of real estate
And so much more…
Listen to the whole interview because, at the end of it, I am going to give a sneak peek of upcoming episodes and share some tips so that you can get on other people’s podcasts.
Dan Rochon is a real estate sales agent and a certified practitioner in the art and science of humanistic neuro-linguistic psychology and neuro-linguistic programming. He is also the co-founder of the Greetings Virginia Sales Network and the author of “Real Estate Evolution: The Ten Step Guide to CPI”.
Enjoy this episode…
🔗 Resources & Links Mentioned in Episode:
CPI Community Podcast >> HERE
“Real Estate Evolution: The Ten Step Guide to CPI” by Dan Rochon >> HERE
BiggerPockets >> HERE
Streetwise Mortgages >> HERE
“The Ultimate Sales Machine” by Chet Holmes >> HERE
☕️ Support The Channel:
This Podcast Runs On Coffee… The team drinks lots of coffee ☕️ 😉. If you received some value from this or any of the episode, consider buying the team a cup of coffee. >>HERE
#Inspire # Encourage #Love
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