May 17th, 2024 10:05 PM by Eric Willner
Radio Show Notes 05/16/24 Thursday:
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Radio Show Notes 24.05.16 Thursday - Stop Renting, Start Building Equity Faster: The ATM Edition's Down Payment Strategies
Stop Renting, Start Building Equity Faster: The ATM Edition's Down Payment Strategies
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! My name is Eric Willner, known as the Voice of Real Estate and founder of America's longest running daily radio show about real estate, and also creator of The Automatic Landlord System for Owning Cash Flowing Real Estate "Profitably and Hassle-Free." This show is a virtual real estate seminar in every episode.
Did you know?
Did you know that even small increases in your down payment can significantly lower your monthly mortgage payment and free up more cash flow?
Real estate offers the potential for multiple ROI streams, not just capital appreciation. You can also benefit from rental income, tax breaks, and depreciation deductions!
Today is Thursday, and it's the "ATM – About The Money" Edition of The Real Estate Show! Here, we continue to talk about why NOW is the perfect time to buy real estate using the theme: You Can Double Down On Your Down Payment!
Speaking of money, have you ever heard of "The Rules of Money"? There are some key principles everyone should understand to gain a financial edge. These include:
Understanding these basic rules is crucial for financial success. But there's more!
Did you know... by effectively managing your finances, you can significantly increase your down payment and secure your dream home sooner? Yes it can! Yes YOU can!
We had a fantastic Wednesday night workshop last night! It was the Financial Edge Academy Overview, where we're building a community of "Streetsmart – Money Smart" individuals. We also introduced you to the incredible 72-Hour Money Challenge!
Ready to join us? You can join us Online by Invitation simply by texting EDGE to 561-861-2366
This week marks the 20th week of 2024, and April was Financial Literacy Month! It's a dedicated time to promote financial education and empower people to make informed financial decisions. Even though April is over, the process of growing your financial literacy never ends. May is also Older Americans Month, focusing on honoring our senior citizens.
So, why is understanding "You Can Double Down on Your Down Payment" so important?
Here are 5 compelling reasons:
Today's Show is Brought to You By: www.TimeToFixMyCredit.com. Don't let bad credit hold you back from achieving your real estate goals!
Thinking about attending one of our free workshops this week? Text "Edge" to 561-861-2366 NOW to secure your spot today!
Let's continue to talk about why NOW is the time to buy real estate using the theme: You Can Double Down On Your Down Payment!
Another important point to remember is the Power of a 3-Pronged Approach, a 3-legged stool (no 1 or two-legged stools, 3+ is the key!). Here are my 3 core beliefs for financial success:
We have a 5-Star System To WIN at The Money Game! We offer a 5-Star Continuous Improvement System AND have 5-Star Experts to Coach you to win!
Here's the breakdown of our winning formula:
Level 1: Save (More of What You Already Make)
This is the foundation. You need to consistently save a portion of your income. Every dollar saved is a dollar you can put towards your down payment or invest for future growth.
Level 2: Make (More/Invest What You Make, Growing It Wisely - Smarter Not Harder)
Don't just rely on your paycheck. Explore ways to increase your income. This could involve starting a side hustle, negotiating a raise, or investing your savings wisely. Remember, it's about making your money work smarter, not harder.
Level 3: Multiply (Leverage!)
This is where real estate comes in! Leverage the power of real estate to multiply your wealth. A down payment allows you to leverage the bank's money to purchase a property that appreciates in value over time. This can significantly increase your net worth.
The Power of 3: Triple Play, Triple Crown, Holy Trinity... Three! 3 is the Smallest Prime Number, besides 1. Simple!
There's a reason the number 3 is so significant. It represents a strong foundation, like a 3-legged stool. You wouldn't want a 1-legged or 2-legged stool, would you? It wouldn't be stable! The same goes for your financial strategy. These 3 principles work together to create a secure and prosperous future.
Don't forget, today's show is brought to you by www.TimeToFixMyCredit.com. Text "Credit" to 561-861-2366 to learn more about building your financial edge and unlocking real estate success through good credit!
We're almost out of time for today, but before we go, let's recap the key takeaways:
Remember, it's a stone-cold fact that real estate is the BEST investment. Period. It's the IDEAL investment! Don't just listen to The Real Estate Show, use it to take action! Text "Edge" to 561-861-2366 to join The Financial Edge University and gain the knowledge and tools you need to achieve your real estate goals.
Join us in our workshops – they are designed to help YOU! Tomorrow is our Friday Weekly Wrap-Up, where we'll revisit the highlights of the week. Don't miss it!
Thanks for joining The Real Estate Show, a literal seminar in every episode! We'll see you again tomorrow for the Friday Weekly Wrap-Up 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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