Welcome back to the Wealth Within Reach podcast!
In this episode of Wealth Within Reach, I share with you some of the most crucial lessons and insights that I and other seasoned real estate investors wish we had known before diving into the world of real estate investing. Join me as I share the biggest real estate regrets from my recent poll with my audience to find out what they wish they had known at the beginning of their journeys, and how to navigate these challenges today.
Whether you’re an accidental investor who turned your primary home into a rental or an intentional investor who strategically buys properties to build wealth, this episode is packed with valuable advice to help you navigate the complexities of real estate investment. So tune in to gain the knowledge and confidence you need to succeed in real estate investing.
KEY POINTS:
– The two types of real estate investors
– How to accurately calculate your real estate cash flow
– Why real estate investing requires playing the long game
– The importance of choosing the right tenants and property managers
– How to plan ahead for worst-case scenarios in real estate investing
– Real estate investing is not completely passive!
– What to consider when choosing the right contractor for you
QUOTES:
“Real estate is not a sprint, it is a marathon. And it does take a strategy and intentionality and perseverance to continue to move forward and making money.” – Erika Brown
“No one cares about your property as much as you do. Especially your tenants and your property managers.” – Erika Brown
[SAVE YOUR SPOT!] | Ready to elevate your real estate journey? Join me at the Owning It and Living It Experience from November 1st to 3rd at the Intercontinental Hotel in Buckhead, where you not only have the chance to win a fully renovated house but also immerse yourself in a unique event that blends black and brown culture with invaluable real estate insights—secure your ticket HERE before prices go up. I can’t wait to see you there!
Our aim is to become the #1 Real Estate podcast with a focus on amplifying black, brown, and female voices in a space where we’ve been underrepresented. Our stories are powerful, and it’s time they were heard loud and clear.
Your listen, like, share, and especially a 5-star review can make all the difference in bringing our voices to the forefront. Every review counts as we aim to shatter ceilings and build a community of empowered, purpose-driven investors.
Let’s Make History Together
By tuning in, sharing, and leaving a 5-star review, you’re not just supporting this podcast; you’re uplifting a movement. Help us climb the charts and bring much-needed diversity to the real estate podcast world. Our stories matter, and with your help, they’ll reach every corner of the globe.
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