The Real Estate Show

Radio Show Notes 07/05/24 Friday:

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Unlock Financial Freedom: Top Takeaways from This Week's Real Estate Show Wrap-Up

By Eric Willner, Investor and 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. It’s a virtual mini-seminar in every episode! I’m your host, Eric Willner, known as the Voice of Real Estate, founder of America’s longest-running daily radio show about real estate, and creator of The Automatic Landlord System for Owning Cash Flowing Real Estate “Profitably and Hassle-Free.” This week, our theme is: Real Estate is the ultimate launch pad to financial freedom. Today we will summarize this week’s shows and wrap up the week to set up a new week for your success in real estate.

Did you know that real estate has historically been one of the most stable and profitable investments? According to the Federal Reserve, homeownership is one of the primary ways Americans build wealth, with the median homeowner having 40 times the wealth of a renter. This week, we delved into why real estate remains the ultimate path to financial freedom.

Before we get into the meat of the show, let me remind you of NEXT week’s special FREE Workshops:

1. Tuesday 8 pm Path To Home Ownership Introduction – Online by Invitation
2. Wednesday night 8:30 pm Financial Edge University Overview – Online by Invitation
3. Remember, we are in full “Challenge” mode with the “72 Hr Challenge” and you can join NOW by texting “Challenge” to 561-861-2366.

This week, we continued to discuss why NOW is the time to buy real estate using our theme: Real Estate is the ultimate launch pad to financial freedom. Let's explore three to five reasons why this is critical to success:

1. Stable Cash Flow: Real estate investments can provide a consistent and predictable income stream.
2. Tax Advantages: Numerous tax benefits are available to real estate investors, including deductions on mortgage interest, property taxes, and depreciation.
3. Appreciation: Over time, real estate tends to appreciate in value, providing investors with substantial returns.
4. Leverage: Using other people’s money through mortgages allows you to control large assets with a relatively small initial investment.
5. Diversification: Adding real estate to your investment portfolio can help reduce risk and increase overall returns.

Ultimately, the goal is to be financially free as an investor. To achieve this, you need a "B" to fund your "I" – a business to fund your investments. The Real Estate Show can be your roadmap to get you there! BUT, you need to start NOW!

Many people are stuck in the role of employee and can’t break free or gather the courage to become business owners. Listening to The Real Estate Show can help you get unstuck. This week, we've covered the roadmap to safely create and keep wealth through affordable homeownership, a written financial plan, and multiple streams of income. By gaining independence and peace of mind, you start with being organized, educated, and having a financial edge.

Today’s Show and better credit are brought to you by: www.TimeToFixMyCredit.com. Text "EDGE" to 561-861-2366 for more information.

Now, let's dive into the highlights of this week:

Monday: Monday On A Mission

On Mondays, we set the stage for the week. This week, we emphasized the importance of real estate as a launch pad to financial freedom. Here are three key points from Monday’s show:

1.     Real estate is an unparalleled vehicle for achieving financial freedom. With its potential for appreciation, consistent cash flow, significant tax benefits, and the ability to leverage investments, real estate stands out as a reliable and powerful investment. By understanding how to navigate the real estate market, you can set yourself up for long-term financial success and security.

2.     Remember, success in real estate requires skill, strategy, and a clear understanding of the market. Take advantage of our free workshops this week to gain the knowledge and tools you need to succeed in real estate investing.

3. Setting Clear Goals: We discussed the importance of having clear, achievable goals when starting your real estate journey. Without a roadmap, it’s easy to get lost or discouraged.
4. Understanding Market Trends: Keeping an eye on market trends can help you make informed decisions. Whether it's a buyer’s or seller’s market, knowing the landscape is crucial.
5. Building a Team: Real estate is not a solo venture. Having a reliable team of professionals, including real estate agents, lawyers, and financial advisors, can make a significant difference in your success.

Tuesday: Tools, Tips, and Techniques

Tuesday's show focused on providing practical tools, tips, and techniques for real estate investing. Here are some key takeaways:

1. “Tuesday Tools, Tips, and Techniques” Edition of The Real Estate Show, hosted by Eric Willner, we delved into why real estate is the ultimate launch pad to financial freedom. Eric, known as the Voice of Real Estate and founder of America’s longest-running daily real estate show, highlighted the transformative power of real estate investments. The discussion centered around 10 key reasons why real estate is a superior investment, emphasizing the potential for stable cash flow, appreciation, tax advantages, and the ability to leverage other people's money. Eric also addressed the practical tools and techniques needed to succeed in real estate, such as understanding market trends, leveraging financial calculators, and crafting a solid financial plan. He underscored the importance of skill, strategy, and adaptability in navigating the real estate landscape.
2. Leveraging Technology: From property management software to market analysis tools, technology can streamline your real estate operations and increase efficiency.
3. Creative Financing: We explored various financing options beyond traditional mortgages, such as seller financing, hard money loans, and private money lenders, which can help you secure deals faster.
4. Negotiation Skills: Effective negotiation can save you thousands of dollars. We shared tips on how to negotiate better deals, from initial offers to closing the sale.

Wednesday: Midweek Mortgage, Market, and Money Report

Wednesday’s show provided a comprehensive update on the latest mortgage rates, market trends, and financial news. Here are the highlights:

·  Mortgage Rate Trends: Current average interest rate for 30-year fixed mortgages is 7.02%, with the national average for 30-year fixed refinance at 7.03%. Rates expected to ease down in 2024.

·  Cooling Home Prices: For the first time since the pandemic, typical homes sold slightly below asking price; listings increased by 35%.

·  Market Demand: Weekly mortgage demand remains flat, with purchase applications up 1% but 13% lower than the same week last year.

·  Supply and Pricing Dynamics: Supply is up by 35% year-over-year, but still below pre-pandemic levels; sellers beginning to adjust prices.

·  Key Economic Indicators: Inflation has slowed, with a potential rate cut from the Federal Reserve by year-end.

·  Real Estate as Financial Freedom: Emphasizing that now is a strategic time to invest in real estate for long-term financial stability and growth.Today’s Show and better credit are brought to you by: www.TimeToFixMyCredit.com. Text "EDGE" to 561-861-2366 for more information.

Thursday: ATM – About The Money

Thursday's show was all about the financial aspects of real estate investing. Here are the key points so you can LAUNCH:

1. The Rules of Money: Understanding essential financial principles like the 1% Rule, the 4% Rule, and the Rule of 72 can give you an edge in managing your investments.
2. Financial Literacy: We emphasized the importance of financial literacy and how our Financial Edge Academy can help you make informed financial decisions.
3. The 72-Hour Challenge: An exciting program designed to help you take control of your finances with expert guidance and guaranteed success.
4. Three-Pronged Approach:
   1. Level 1: Save more of what you already make.
   2. Level 2: Make more by investing wisely.
   3. Level 3: Multiply wealth through leverage.
5. Three WAYS to Launch:
   1. DIY – Do It Yourself
   2. DWY - Done With You
   3. DFY – Done For You

So there you have it! TGIF – Thank God it’s Friday! TGIF – Thank God I’m Financially prepared! TGIF – Thank God it’s Florida, the best real estate market to invest in America! And TGIF – Thank God it’s Finished!!

We did it! Thank you for tuning in this week. Remember, don't just listen – use our show to get started in real estate investing. Tune in every weekday to The Real Estate Show, a literal seminar in every episode. Have a fantastic weekend, and we'll see you again LIVE on the Monday on a Mission edition of The Real Estate Show!

Today’s Show and better credit are brought to you by: www.TimeToFixMyCredit.com. Text "EDGE" to 561-861-2366 for more information.

Enjoy your weekend, and remember to share this show. Sharing is the opportunity to give and help others. Sharing really is caring!

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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 

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