January 29th, 2024 9:26 PM by Eric Willner
Radio Show Notes 01/29/24 Monday:
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"Unlock Your Financial Freedom: Why Renting Is Holding You Back and Real Estate Is the Key"
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, hosted by me, Eric Willner, the Voice of Real Estate, and the brains behind the Automatic Landlord System. This is the 'Monday On A Mission' Edition, and today, we're on a quest to liberate you from the shackles of renting and guide you toward the path of real estate ownership.
Did you know the average American spends a whopping 32% of their income on rent?
That's a significant chunk, and it begs the question: Could strategic renting free up some cash for your dreams? Or better yet, you should stop paying rent and start buying real estate. Shockingly, 40% of renters in the US pay more than 30% of their income on rent, facing the label of being 'rent-burdened.' Is it time to explore other neighborhoods or negotiate rent to alleviate this financial pressure? Or, once again, you should stop paying rent and start buying real estate.
Contrary to popular belief, it's not just millennials driving the rental market; Gen Z is catching up fast, indicating even fiercer competition for available units in the future. Are you prepared for this shift? Or does’t it make more sense owning? You should stop paying rent and start buying real estate.
Today's mission is crystal clear: we're unraveling the reasons why you should stop paying rent and start buying real estate. The real estate market is more than just a place to live; it's a realm where you can shape your financial destiny.
First and foremost, renting is like putting money into someone else's pocket. Why pay for someone else's mortgage when you could be investing in your future? Real estate is a wealth-building vehicle, and with strategic planning, you can turn your monthly housing expense into an investment that pays dividends.
Secondly, buying real estate provides stability and predictability. Rental prices can skyrocket, leaving you at the mercy of landlords and market fluctuations. When you own your property, you have control over your housing costs. It's a fixed expense that can be a stable foundation for your financial future. Plus, as property values appreciate over time, you build equity, creating a solid financial base.
Thirdly, there are tax benefits to home ownership. Mortgage interest, property taxes, and some closing costs are often deductible. This can result in substantial savings come tax season, giving you an added financial edge. It's like having the government contribute to your wealth-building journey.
Fourth, real estate is a tangible asset. Unlike stocks or other investment vehicles, you can physically touch and inhabit your real estate investment. It's a real, concrete asset that provides both shelter and financial returns. This tangibility adds a layer of security and reassurance to your investment strategy.
Finally, buying real estate is a step towards financial independence. Renting keeps you in a cycle of dependency, while owning a property is a symbol of autonomy. It's a key step in breaking free from the chains of financial reliance on others.
Now, it's time for a call to action. If you're ready to transform your financial picture and turn debt into wealth through real estate, start by texting the word PATH to 561-861-2366. Our insights can be your stepping stones to early retirement and financial success. And today's show is proudly brought to you by TimeToFixMyCredit.com – because a solid credit foundation is essential for real estate success.
As we hit the midpoint of our show, a quick reminder that The Real Estate Show is your go-to source for real estate success. If you're committed to making a change, take control of your credit and financial future. Text the word CREDIT to 561-861-2366. Today's show is also sponsored by TimeToFixMyCredit.com – your partner in achieving financial excellence.
Summing up today's show, we've laid out a compelling case for why you should stop paying rent and start buying real estate. It's a journey toward financial freedom, stability, and independence.
As we conclude, don't forget to join us tomorrow for our Tuesday Tools, Tips, and Techniques Edition of The Real Estate Show. We'll provide valuable resources and insights to help you profit and succeed in the real estate world. Thank you for tuning in, and remember, The Real Estate Show is not just to be listened to but to be used as a guide for your real estate journey. Tune in every weekday for a literal seminar in every episode. Don't forget to attend our free online workshops – text the word EDGE to 561-861-2366. Until next time, this is Eric Willner, signing off, and wishing you a prosperous real estate journey."
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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