January 19th, 2024 9:46 PM by Eric Willner
Radio Show Notes 01/18/24 Thursday:
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Master the Money Game: Real Estate Strategies to Turn Debt into Your Greatest Asset
By Eric Willner, Host of The Real Estate Show, America’s longest running daily radio show about real estate.
Welcome to the Real Estate Show – South Florida’s #1 Real Estate Radio Show and America's longest-running daily radio show about real estate. I am Eric Willner, the Voice of Real Estate and the creator of The Automatic Landlord System. This show is your virtual real estate seminar in every episode.
Today is Thursday, the 'ATM – About The Money' Edition of The Real Estate Show, where we continue to talk about why NOW is the time to buy real estate using the theme 'You can turn debt into wealth' in Real Estate. Did you know that financial literacy is a critical factor in determining which side of the growing financial divide you'll be on? It's time to address this issue and take control of your financial future.
I'm thrilled to share the success of our Wednesday night Financial Edge University Overview – Online by Invitation. The response has been overwhelming. Texting EDGE to 561-861-2366 has proven to be a game-changer for those seeking financial education. If you missed it, don't worry; there are more opportunities coming your way.
As we delve into today's theme, 'Are you ready for the 2023 Real Estate Year in Review and to Get Ready To Soar 2024,' we'll focus on an essential aspect of Real Estate Success – the numbers. The Number 3 holds significant importance in our discussion today.
Attention, listeners! There is a crisis in America, and the financial divide is growing. We have two systems – the Public and the Private. Are you a 'Privileged Player' or a 'Pawn'? The difference is not physical; it's mental. The key is financial literacy – what you are not properly taught. Join the privileged by joining the right team. Join “The Real Estate Show Club” Membership is your action step.
Now, let's talk about the '80/20 Rule' in the context of today's theme. It's all part of The Money Game. Are you playing and winning, or are you being played? Do you feel like a Pawn or a Player in life? Good credit is a big part of the solution. Understand the power of good credit through the '80/20 Rule' and its impact on The Money Game.
Imagine the difference a 2% lower interest rate can make on a 30-year loan of $250,000.
That is easily a result of good credit versus not so good credit.
Let me provide you with the results.
So, a 2% difference in the interest rate results in a lower monthly payment of approximately $335.54 per month for a 30-year loan of ONLY $250,000. Every month!
Now let's calculate the total cost over the life of the loan with a 2% interest rate difference.
So, a 2% difference in the interest rate results in a total interest savings of approximately $120,792.64 over the 30-year life of the loan. That’s $120,792.64 MORE for the same house!
That's the Financial Edge. Do you 'Have It'? The Financial Edge is about being on the right teams and having the right coaches to guide you. I wasn't born privileged, but I found privilege through people – mentors, leaders, and being on the right teams.
Let's break down the power of a 3-pronged approach, like a 3-legged stool – stability in homeownership, a written financial/life plan, and ownership of a business for additional income and tax benefits. This is The Financial Edge – we are your financial team.
Today's show is brought to you by www.TimeToFixMyCredit.com, our partner in bringing you homeownership regardless of credit, regardless of down payment. Text 'Credit' to 561-861-2366 to learn more about fixing your credit and achieving your real estate goals.
We also have a 5-star system to win at The Money Game, focusing on saving, making, and multiplying your money. The Power of 3 is our triple play strategy – Save, Make, Multiply. Leverage the Triple Play, Triple Crown, Holy Trinity – the number 3 is powerful.
Today's Show is Brought to You By: TimeFixMyCredit.com, text 'Credit' to 561-861-2366.
Thank you for being part of The Real Estate Show family. Don't just listen; use our show to get started in real estate investing. Tune in every weekday for a literal seminar in every episode. Remember: It's a stone cold fact that real estate is the best investment. Period. It's the IDEAL Investment. Join us again tomorrow for the FridayWrap-Up and more insights on 'The Real Estate Show.'
Also, you can listen to the entire 30 minute broadcast of any day’s edition of The Real Estate Show by clicking on the audio link on that days summary post. You can also watch the Facebook Live video at www.facebook.com/TheRealEstateShow.
Want to know more? If you are serious about real estate and paying off debt, then find out more on today and every day’s episodes and learn more about Real Estate Investing and learn HOW TO by listening to The Real Estate Show with Eric Willner , Live every weekday morning at 9 o’clock (EST) on Florida’s Money Talk Radio stations WWNN AM1470, FM 95.3 and FM 96.9. You can also hear us on the free apps: iHeart Radio and TuneIn. Recorded Rebroadcasts are available 24/7 on Facebook. Please share this and our Facebook updates.
Eric Willner is the Host and Founder of The Real Estate Show, an informative show about how to buy, own, and improve real estate the right way, on autopilot. - The Automatic Landlord way. (AutomaticLandlord.com) You can reach Eric Willner at Eric@Ericwillner.com or 888-595-7779.
Also listen to the rebroadcasts on demand on Facebook.com/TheRealEstateShow
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