The Real Estate Show

Radio Show Notes 01/14/25 Tuesday: Retire in 5 Years, Not 40: 9 Actionable Steps to Build Wealth Fast with Real Estate

January 14th, 2025 6:18 PM by Eric Willner

Radio Show Notes 01/14/25 Tuesday:

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Retire in 5 Years, Not 40: 9 Actionable Steps to Build Wealth Fast with Real Estate

By Eric Willner, Investor, Coach, and Host of The Real Estate Show, America’s longest running daily radio show about real estate.

The Real Estate Show: Tuesday Tools, Tips, and Techniques Edition
Theme: You Can Retire in 5 Years, Not 40, with Real Estate

Opening:
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. Educating and inspiring listeners for over 25 years! My name is Eric Willner, known as the Voice of Real Estate and founder of this program as well as the creator of The Automatic Landlord System for owning cash-flowing real estate “Profitably and Hassle-Free.” Here, we bring you a virtual real estate seminar in every episode, designed to empower you with tools, techniques, and strategies to transform your financial future through real estate.

Did You Know?
Let’s start with a few provocative questions about today’s theme:

  1. Did you know that 37% of Americans have no savings for retirement?
  2. Did you know that owning real estate has historically been one of the fastest ways to build wealth?
  3. Did you know that renters pay 100% interest, while homeowners pay toward building equity?

These are just a few alarming statistics about the current market. It’s important to be aware of the challenges you may face so that you can plan accordingly.

Everyone is involved in real estate, whether you’re IN it as an owner or ON it as a renter. The question is: Do you want to be in real estate and reap the benefits, or continue paying those who already are?

Today, we’ll discuss why real estate is the ideal investment and how you can retire in just 5 years with a strategic plan, rather than working for 40 years hoping to retire. Let’s dive in!

The Mission: Remember, our mission on The Real Estate Show is to transform lives through affordable housing and to empower, educate, and enable families and individuals to enjoy the American Dream of homeownership.

Actionable Steps to Retire in 5 Years, Not 40, with Real Estate Yesterday, I shared nine reasons why real estate is the best business in the world. Today, let’s break them down into actionable steps that you can start implementing right away.

1. Work from Home (or Anywhere):
Real estate offers unparalleled flexibility. Whether you're managing rental properties, coordinating with contractors, or networking with potential buyers, much of the work can be done remotely. Action Step: Start building your real estate network and setting up systems that allow you to work efficiently from home or on the go. Leverage technology like property management software and virtual meetings.

2. Flexible Working Hours:
You decide your schedule. Want to work part-time while keeping your day job? Real estate allows you to transition gradually. Action Step: Dedicate specific blocks of time to real estate activities, whether it's analyzing deals, attending workshops, or networking. Consistency is key.

3. Unlimited Income Potential:
There’s no salary cap in real estate. The more effort and strategy you put in, the more you can earn. Action Step: Focus on building a portfolio of cash-flowing properties. Start small and scale up by reinvesting profits into additional properties.

4. No Special Equipment Needed:
Unlike other businesses, real estate doesn’t require expensive tools or equipment. Action Step: Invest in your education instead. Attend free workshops, read books, and listen to shows like this one to gain the knowledge you need.

5. No Inventory Required:
You don’t need to worry about stocking products or managing inventory. The property itself is your “product.” Action Step: Start with properties in your local market. Look for undervalued homes or distressed properties to maximize your investment.

6. No Employees Needed:
You can operate as a one-person business or hire independent contractors when needed. Action Step: Outsource tasks like repairs or cleaning to professionals, so you can focus on growing your portfolio.

7. No Large Upfront Investment:
Contrary to popular belief, you don’t need a fortune to start in real estate. There are creative financing options available. Action Step: Explore options like FHA loans, seller financing, or partnerships to get started with minimal upfront costs.

8. Success in Your Own Backyard:
You don’t have to travel far to find opportunities. Action Step: Begin by researching your local market. Attend open houses, join local investor meetups, and familiarize yourself with neighborhood trends.

9. No Experience Necessary:
Real estate is one of the few fields where you can succeed without formal training or degrees. Action Step: Start by attending free workshops like the ones we offer, and build your knowledge step by step. Education is your foundation for success.

Today’s Show is Brought to You By:
TimeToFixMyCredit.com – Your partner in achieving financial freedom. A strong credit score is essential for unlocking the best real estate deals. Visit the site or text “Credit” to learn how to improve yours today.

Resources to Help Renters, Buyers, and Investors As we kick off the new year, here are some essential tools and resources to help you achieve your real estate goals:

  1. Experts Teaching About Real Estate Home Ownership: Attend workshops and listen to trusted sources like The Real Estate Show to gain expert advice.
  2. Path to Homeownership Free Workshops: Join our Tuesday night workshop at 8 PM to learn about transitioning from renting to owning.
  3. Financial Calculators: Use tools to evaluate mortgage affordability, cash flow, and return on investment for properties.
  4. A Financial Plan: Create a step-by-step plan outlining your goals, budget, and timelines for entering the real estate market.

Mid-Monologue Break:
Today’s Show is Brought to You By: TimeToFixMyCredit.com – Text “Credit” to learn how to improve your financial standing and unlock real estate opportunities.

Breaking Down the Theme Further: Real estate success is built on a combination of knowledge, action, and perseverance. Whether you're a renter, first-time buyer, or seasoned investor, the tools and techniques we discussed today are actionable and practical. The key is to get started.

Summarizing Today’s Show:

  1. Real estate provides unparalleled flexibility and income potential.
  2. You don’t need special equipment or a large upfront investment to get started.
  3. Creative financing options make it accessible to everyone.
  4. Local markets are a goldmine of opportunities waiting to be explored.
  5. Continuous education is your foundation for long-term success.

Closing: Thank you for tuning in to today’s episode of The Real Estate Show. Tomorrow, join us for the Wednesday Midweek Mortgage and Market Report, where we’ll update you on the latest trends and insights in the real estate market.

Remember, don’t just listen – take action! Use the tools and strategies we’ve discussed to kickstart your real estate journey. And don’t forget to attend our free online workshops to learn even more about achieving financial freedom through real estate.

Thank you for listening. I’m Eric Willner, and I look forward to helping you make the American Dream come true. Have a great day!


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 

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.

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Posted by Eric Willner on January 14th, 2025 6:18 PM

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