The Real Estate Show

Radio Show Notes 06/13/24 Thursday: The Real Estate Show - Thursday ATM: About The Money Edition

June 14th, 2024 8:04 PM by Eric Willner

Radio Show Notes 06/13/24 Thursday:

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Real Estate Success Strategies: Adopt an Investor's Mindset and a Business Approach And Win

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


The Real Estate Show - Thursday ATM: About The Money Edition

Here are the key points from the Show:

  1. Think Like an Investor and Act Like a Business:
    • Emphasizes adopting a business-minded approach to real estate investing, focusing on strategic planning, risk management, and leveraging assets to maximize returns.
  2. Understanding Financial Rules and Tools:
    • Highlights essential financial principles such as the 1% Rule, 4% Rule, and Rule of 72, which are critical for making informed investment decisions and achieving long-term financial success.
  3. Workshops and the 72-Hour Challenge:
    • Introduces the Financial Edge Academy Overview workshop and the 72-Hour Money Challenge, designed to educate and empower participants to improve their financial fitness and achieve financial freedom.
  4. Three-Pronged Approach to Financial Success:
    • Advocates for a holistic approach to financial stability through homeownership, having a written financial plan, and owning a business to gain income and tax benefits.
  5. Five-Star System to Win at The Money Game:
    • Presents a comprehensive system to enhance financial success, emphasizing saving, making smart investments, and leveraging wealth for continuous growth and improvement.

 

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 Real Estate Show', and I’m your host, Eric Willner. Known as the Voice of Real Estate, I am the founder of America’s longest-running daily radio show about real estate and the creator of The Automatic Landlord System for Owning Cash Flowing Real Estate 'Profitably and Hassle-Free.' This show is your virtual real estate seminar in every episode. Today, it’s the Thursday 'ATM - About The Money' Edition, where we dive deep into the financial strategies that can set you free.

Did you know? Real estate offers the potential for multiple streams of Return on Investment (ROI), not just capital appreciation. We're talking about rental income, tax benefits, and depreciation deductions! That’s right – the magic of real estate lies not only in its value growth but in the myriad ways it can put money back in your pocket.

Today is Thursday, where we say it’s the 'ATM - About The Money' Edition of The Real Estate Show. And we continue to talk about why NOW is the time to buy real estate with our powerful theme: ‘Think Like an Investor, Act Like a Business, and Get Awesome Results.’

So, do you know ‘The Rules of Money’? Yes, there are rules, and knowing them gives you the financial edge. Here are some of the critical rules:

  • The 1% Rule
  • The 4% Rule
  • The Rule of 72

These rules are crucial in helping you navigate and leverage your finances effectively. But first, let’s explore a key question: Did you know that mastering these rules is essential to maximize your ROI in real estate?

Last night, we had an incredible session at our Financial Edge Academy Overview workshop. We’re building a community of Streetsmart, Money Smart people. If you missed it, we showcased the '72-Hour Challenge'!

?? Ready to take control of your finances and put more money back in your pocket? Join us for the exciting idea, The 72-Hour Money Challenge – where financial experts do the work, and you reap the rewards! ??

The 72-day challenge is your ticket to financial fitness and freedom. ??

Stop giving your hard-earned money away to the Government, Banks, and Big Business! Let our team of experts turn these expenses back into income for YOU. ??

Here’s what you can expect:

  • Our Experts Do The Work: Unlike other programs, we provide you with a complete team of financial experts who will do the heavy lifting for you and anyone you refer.
  • GUARANTEED SUCCESS: We’re so confident in our program that we guarantee to put more money in your pockets than what our membership costs, or you get your money back!
  • YOU GET PAID DAILY: Simply refer others to our 72-Hour Money Challenge, and let our experts do the rest. You can earn immediate and long-term residual income while enjoying one of the highest member retention rates in the industry!

Don’t miss out on this incredible opportunity to transform your financial future. Take and share the 72-Hour Money Challenge today! ??

Every day you wait to accept the challenge could be costing you hundreds or even thousands of dollars EVERY MONTH that you’ll never get back. Get started NOW and start living your best financial life! ??

Ready to join? Simply click the link below and let’s get started: Join the 72-Hour Money Challenge.

Together, let’s make your money work for you! ?? #72HourChallenge #FinancialFreedom #MoneyMatters

You can join us online by invitation simply by texting EDGE to 561-861-2366. [End of Commercial Break]

Key Reasons to Invest in Real Estate Now

So, why is it crucial to ‘Think Like an Investor, Act Like a Business, and Get Awesome Results’? Here are five compelling reasons:

  1. Diversified Income Streams: Real estate provides multiple income avenues – from rental income to tax advantages like depreciation deductions.
  2. Appreciation and Wealth Building: Over time, real estate values tend to rise, building significant equity.
  3. Leverage Opportunities: Real estate allows you to leverage other people’s money, increasing your potential returns.
  4. Tax Benefits: As a property owner, you can enjoy various tax deductions and credits that can significantly lower your taxable income.
  5. Inflation Hedge: Real estate typically appreciates with inflation, maintaining your investment's value over time.

These reasons underscore why understanding and applying the ‘Rules of Money’ can give you the financial edge you need to succeed. And speaking of financial edges, don’t forget to text 'Credit' to 561-861-2366 to learn more about building your financial edge and unlocking real estate success through good credit! Today’s Show is brought to you by: www.TimeToFixMyCredit.com.

Now, let’s dive deeper into our theme for today: 'Think Like an Investor, Act Like a Business, and Get Awesome Results.' Banks thrive on a combination of strategic planning, risk management, and leveraging assets. As a real estate investor, adopting this mindset can transform how you approach opportunities.

  1. The 1% Rule: This rule suggests that the property’s monthly rent should be at least 1% of its purchase price. It’s a quick way to assess if a property can generate positive cash flow.
  2. The 4% Rule: Often used in retirement planning, it states that you can withdraw 4% of your investment portfolio annually without running out of money. For real estate, this rule helps in planning long-term sustainable withdrawals from rental income.
  3. The Rule of 72: This rule is a simple way to estimate how long it will take for an investment to double in value at a fixed annual rate of interest. For real estate, it’s about understanding how your property’s value or income can grow over time.

Each of these rules provides a framework for making informed, strategic decisions that can maximize your returns and minimize your risks. This is the essence of thinking like a bank.

Thinking about attending one of our free workshops this week? Text 'Edge' to 561-861-2366 to secure your spot today! Remember, today's show is brought to you by: www.TimeToFixMyCredit.com. Our partner in bringing you home ownership, regardless of your credit or down payment situation.

The Power of a Three-Pronged Approach

Let’s talk about why NOW is the time to buy real estate, focusing on the powerful theme: 'Think Like an Investor, Act Like a Business, and Get Awesome Results.' This is all about leveraging the power of a three-pronged approach – much like a sturdy three-legged stool, which provides stability and strength:

  1. Buy a House – Be a Homeowner: Owning your home is the first step towards building financial security and independence.
  2. Financial Order and a Written Plan: Ensure your house is in financial order with a written financial/life plan. This step is crucial to managing your assets and planning for the future.
  3. Own a Business for Income and Tax Benefits: Whether it’s a real estate business or another venture, owning a business can provide significant income and tax benefits, giving you an edge in your financial game.

We believe in this approach because it aligns with our core beliefs:

  • I believe everyone should buy a house and be a homeowner.
  • I believe everyone should have their house in financial order with a written plan.
  • I believe everyone should own a business that pays them and provides tax benefits – this is The Financial Edge. Your financial team is here to help you talk about it and take action.

Five-Star System to Win at The Money Game

We have developed a Five-Star System to WIN at the Money Game, ensuring you have the tools and support to succeed. Here’s how it breaks down:

  1. Save: Start by saving more of what you already make. Efficient budgeting and smart spending can go a long way.
  2. Make: Invest what you make wisely and grow it smarter, not harder.
  3. Multiply: Use leverage to multiply your wealth. This could mean using financing to acquire more properties or reinvesting returns into further growth.

Our system includes a Five-Star Continuous Improvement approach and Five-Star Experts to coach you to win. It’s about continuously refining your strategies and leveraging expert advice to stay ahead.

Remember, thinking like a bank means always looking for ways to optimize and grow. It's about being strategic and proactive in your financial planning.

Thank you for tuning in to today’s episode of The Real Estate Show – the Thursday 'ATM - About The Money' Edition. Remember, don’t just listen; use our show to get started in real estate investing. Tune in again tomorrow and every weekday for your virtual seminar in real estate.

Thinking about attending one of our free workshops this week? Text 'Edge' to 561-861-2366 to secure your spot today. And again, today’s show is brought to you by: www.TimeToFixMyCredit.com.

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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 

#TheRealEstateShow, #The.Real.Estate.Show, #EricWillner, #AutomaticLandlord, #Saving vs Investing, #ThirdHome, #BestRealEstate, #WSBR, #AM740, #FM 96.9, FM 103.9, #WWNN, #AM1470, #MoneyTalkRadio, #TheRealEstateLife, #speakingempire, #GKIC, #makeamericagreatagain, #propertymanagement, #rent, #Saving, #Investing, #Debt Solutions, # So You Can Retire Debt-free, #RetireDebtFree, #VA Loan, #AutomaticDebtSolution

Posted by Eric Willner on June 14th, 2024 8:04 PM

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