The Real Estate Show

Radio Show Notes 05/28/24 Wednesday:

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Ready, Set, Go: Proven Tools and Techniques for Real Estate Success with Confidence

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 The Automatic Landlord System for Owning Cash Flowing Real Estate ‘Profitably and Hassle-Free’. Each episode is a virtual real estate seminar. Today, let’s talk about success and failure, and how to push through resistance and get started!

Introduction

Buying real estate is a powerful step toward financial freedom, but resistance can often hold us back. Whether it’s fear, doubt, or simply not knowing where to begin, overcoming these barriers is essential. In today's “Tuesday Tools, Tips, and Techniques” Edition of The Real Estate Show, we’ll dive into practical steps to help you push through resistance and get started on your real estate journey.

Push Through Resistance and Get Started!

Yesterday, I gave you ten reasons why pushing through resistance and getting started in real estate is crucial. Today, let’s break them down:

1. Become Aware

• Awareness is the first step to overcoming resistance. Acknowledge that resistance exists and recognize it when it happens. This means understanding when you're procrastinating or avoiding tasks and actively working to counteract those tendencies. In real estate, this might mean recognizing when you're endlessly browsing listings but not making any appointments to view properties.

2. Become a Pro

• Treat your real estate journey like a professional. This means dedicating time, energy, and resources to learning about the market, understanding financing options, and setting clear goals. A professional approach will help you stay focused and committed, even when challenges arise.

3. Be Very Clear, and Focus

• Set clear, achievable goals. Determine your top three Most Important Tasks (MITs) for the day and focus on completing them. This could be researching mortgage options, contacting real estate agents, or visiting properties. Clarity and focus are crucial to making progress.

4. Clear Away Distractions

• Eliminate distractions that prevent you from taking action. Turn off your phone, close unnecessary browser tabs, and create a dedicated workspace for your real estate activities. By minimizing interruptions, you can maintain focus and make steady progress.

5. Have a Set Time and Place

• Establish a routine by dedicating specific times and places for your real estate activities. This could mean setting aside an hour each morning to research properties or a specific evening each week to attend open houses. Consistency helps build momentum and reduces procrastination.

6. Know Your Motivation

• Understand why you're pursuing real estate. Whether it's for financial stability, personal satisfaction, or future security, keeping your motivation in mind will help you push through difficult times. Reflect on your reasons regularly to stay motivated.

7. Just Start

• The most important step is to simply start. Take the first small step, whether it's calling a real estate agent, visiting a property, or reviewing your finances. Action breeds momentum, and starting is often the hardest part.

Did You Know?

1. Did you know that homeowners, on average, have a net worth over 40 times greater than renters?
2. Did you know that nearly 70% of Americans believe that buying a home is a solid investment for long-term financial stability?
3. Did you know that many first-time homebuyers qualify for special financing options that can significantly reduce down payments and interest rates?

These are just a few statistics highlighting the importance of homeownership and the benefits it offers. It's crucial to be aware of these facts so you can plan accordingly and overcome resistance.

Call to Action

Have a specific question about home loans? Text "LOAN" to [Your Show Text Number] and we'll tackle it on a future show! And don't forget to join us next week for our exciting topic.

The 72 Hour Challenge

Have you heard of the 72 Hour Challenge? It’s the fast track to turning your expenses into income. Imagine if you could reduce your expenses and turn those savings into investment capital. This challenge has helped listeners save between $400 and $2000 per month, all with a money-back guarantee!

Text “72” to 561-861-2366 to get started. The challenge began on March 18th and lasts for 72 days, so don’t miss out!

Overcoming Real Estate Roadblocks

Let's talk about some common roadblocks that might be holding you back and how the 72 Hour Challenge can help you overcome them:

1. Government and Taxes

• Taxes can take up to 30% of your gross pay. By leveraging tax deductions and benefits available through real estate investments, you can significantly reduce your tax burden. Real estate offers numerous tax advantages, such as deductions on mortgage interest, property taxes, and depreciation.

2. Interest and Finance Charges

• According to The Wall Street Journal, interest and finance charges consume about 34.5 cents of every dollar. By refinancing at lower rates or consolidating debt, you can reduce these charges and free up more money for investments.

3. Uncontrolled Monthly Bills

• Monthly bills can be a drain on your finances. The 72 Hour Challenge helps you identify areas where you can cut costs, such as utility bills, insurance premiums, and other recurring expenses. These savings can be redirected towards your real estate investments.

4. Inflation

• Inflation erodes your purchasing power over time. Investing in real estate provides a hedge against inflation, as property values and rental income typically rise with inflation. This helps preserve and grow your wealth over time.

Free Workshops

Before we get into more details, let me remind you of this week’s special FREE workshops:

1. Tuesday 8pm: Path To Home Ownership Introduction – Online by Invitation. Text “Path” to [Your Show Text Number].
2. Wednesday 8:30pm: Financial Edge University Overview – Online by Invitation. Text “Edge” to [Your Show Text Number].
3. Thursday 8:30pm: Financial Edge Master Class – Online by Invitation. Text “Master” to [Your Show Text Number].

Benefits of Real Estate Investment

Now, let’s talk about why NOW is the time to buy real estate, using today’s comments and the previous shows. Here are the reasons why pushing through resistance and getting started in real estate is essential:

1. Real Estate Home Ownership

• Owning property provides stability and security. It’s a long-term investment that can appreciate over time, offering both a place to live and a valuable asset.

2. The Path to Home Ownership Free Workshops

• These workshops offer invaluable information and guidance on navigating the home buying process. From securing financing to finding the right property, these sessions equip you with the knowledge needed to succeed.

3. Financial Calculators

• Utilize financial calculators to understand your affordability, mortgage payments, and potential return on investment. These tools help you make informed decisions and plan your financial future effectively.

4. A Financial Plan

• Developing a solid financial plan is crucial. This includes budgeting, saving for a down payment, and understanding your credit score. A well-thought-out plan helps you stay on track and achieve your real estate goals.

Today's Show Sponsor

Today’s show is brought to you by TimeToFixMyCredit.com. Improving your credit is a vital step towards securing better financing options for real estate investments. Visit TimeToFixMyCredit.com for more information.

Summary

Let’s summarize today’s show:

• Push through resistance and get started in real estate.
• Be aware of and combat resistance.
• Treat your real estate journey professionally.
• Focus on clear, achievable goals.
• Eliminate distractions and set a consistent routine.
• Understand your motivation and take the first step.
• Take the 72 Hour Challenge to turn expenses into income.
• Attend our free online workshops for expert guidance.

Conclusion

Thank you for tuning in to The Real Estate Show. Remember, tomorrow is our Wednesday Midweek Mortgage and Market Report, where we'll update you on the latest real estate trends. Thank you for taking the time to be here, and don’t just listen—use our show to get started in real estate investing. Tune in every weekday for a virtual seminar in each episode of The Real Estate Show. Also, don’t forget to attend our free online workshops. See you next time!

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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