April 29th, 2024 7:54 PM by Eric Willner
Radio Show Notes 04/29/24 Monday:
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Mastering the Money Game: The Power of Good Credit in Investment Success
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! This is the "Monday On A Mission" Edition of The Real Estate Show and it's where we continue to talk about why NOW is the time to buy real estate using the theme of: "The Power of Good Credit in your Finances."
Did you know? According to a recent study by the National Association of Realtors, good credit can save you tens of thousands of dollars over the life of your mortgage. That's a powerful motivator to get your credit in top shape before you embark on your real estate journey.
Today's show is all about "The Power of Good Credit in your Finances" and how very important knowing how it works is to a plan of Real Estate Success.
Before we get into the meat of the show, let me remind you of this week's special FREE Workshops:
Text the word EDGE to 561-861-2366 to reserve your spot for these valuable workshops. Spots fill up fast, so don't delay!
Real Estate requires skill, strategy, adaptability, and an unwavering determination to cross the finish line successfully. The road to financial victory may not be a straight path, but it's certainly an exhilarating one!
So That is why I am asking you are you “The Power of Good Credit in your Finances”
Here are the 10 solid reasons why I believe this:
1. Lower Interest Rates: Having good credit qualifies you for the best mortgage rates. Even a small difference in interest rate can save you a significant amount of money over the life of your loan.
2. Access to More Capital: With good credit, you can qualify for larger loans, allowing you to invest in more properties or higher-value properties that could potentially generate greater returns.
3. Negotiating Power: Cash buyers are attractive to sellers, but a strong credit score can give you similar leverage. Sellers are more likely to accept your offer if they know you'll be pre-approved for a loan.
4. Investment Opportunities: Good credit isn't just for mortgages. It can also open doors to investment property loans and even margin loans for stock purchases, further diversifying your portfolio.
5. Building Wealth Faster: The benefits of good credit compound over time. Lower interest rates and potentially higher returns on investments can significantly accelerate your wealth-building journey.
We're halfway through the show, and now's a great time to take a quick break. Today's Show is Brought to You By: TimeToFixMyCredit.com. If you're concerned about your credit score, TimeToFixMyCredit.com can help you understand your credit report, identify and dispute errors, and develop a plan to improve your score. Visit their website at TimeToFixMyCredit.com or call them today!
Back to the show! Here are a few more reasons why good credit is crucial for real estate success:
6. Qualifying for Favorable Loan Terms: Good credit can unlock a variety of loan options with better terms, such as lower down payments and flexible repayment structures.
7. Building Financial Confidence: Knowing you have good credit empowers you to make informed financial decisions and pursue your real estate goals with greater confidence.
8. Attracting Quality Tenants: If you plan to rent out your property, good credit can help you attract high-quality tenants who are more likely to pay rent on time and take care of your property.
9. Improved Insurance Rates: Good credit can sometimes translate to lower insurance premiums for homeowners' insurance, renters' insurance, and even auto insurance.
10. Peace of Mind: Having good credit reduces financial stress and allows you to focus on the bigger picture – building a strong and profitable real estate portfolio.
Text the word EDGE to 561-861-2366 to reserve your spot for our FREE Financial Edge University Online Workshop on Wednesday Night!
Remember, a strong credit score is a valuable asset in the world of real estate. If you're serious about achieving financial freedom through real estate investing, take steps to improve your credit score today. TimeToFixMyCredit.com can help!
This has been a powerful show on The Power of Good Credit in your Finances! Tomorrow is our Tuesday Tools, Tips, and Techniques Edition of The Real Estate Show, where you won't want to
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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