The Real Estate Show

Radio Show Notes 07/15/25 Tuesday:

Read a summary of the show below or

Listen Here

Watch Live Facebook Video Here

9 Proven Steps to Fix Your Credit and Unlock Real Estate Opportunities

By Eric Willner, Investor, Coach, 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. 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.” It’s a virtual real estate seminar in every episode.

Did you know?

1. That nearly 38% of Americans have subprime credit scores below 620, restricting their ability to buy a home?
2. That Americans paid over $140 billion in interest on credit card debt alone last year?
3. That more than 60% of renters cite credit issues as the main reason they haven’t bought a home?

These are just a few of the alarming statistics about the current market. It is important to be aware of the challenges that you may face so that you can plan accordingly.

Remember, Everyone is in real estate. Either you are IN Real Estate because you own it—you searched it, negotiated it, closed on it and enjoy its benefits, or you are ON Real Estate, meaning you pay rent or your employer does. Either way, the wealth is being created by those who own.

Today, we focus on the actions that lead to success—and the ones that lead to failure. Our mission is to empower, educate, and enable families to enjoy the American Dream of home ownership. That starts with our theme: Know Your Credit and Fix It.

Yesterday, we shared 10 reasons why this matters. Today, on our Tuesday Tools, Tips, and Techniques edition, let’s break those reasons into 9 actionable steps:

1. Check Your Credit Report Regularly
Action: Request your free report from all three bureaus at AnnualCreditReport.com. Review for errors. Dispute inaccuracies immediately. Make it a quarterly habit.

2. Understand Your Credit Score Breakdown
Action: Learn what factors affect your score—payment history, credit utilization, length of credit history, credit mix, and inquiries. Use tools like Credit Karma or MyFICO to monitor progress.

3. Pay Down High-Interest Debts First
Action: Focus on credit cards with the highest interest. Try the debt avalanche or snowball method. Free up cash to allocate toward wealth-building, not interest payments.

4. Create a Monthly Budget and Stick to It
Action: Use apps like Mint or EveryDollar. Knowing your income vs. expenses helps manage your debt-to-income ratio—a key factor lenders consider.

5. Set Up Automatic Payments
Action: Avoid late fees and missed payments by automating your bills. Payment history makes up 35% of your credit score!

6. Avoid New Credit Unless Necessary
Action: Every hard inquiry dings your score. Be strategic. Don’t open new store cards or loans unless it benefits your broader financial plan.

7. Increase Your Credit Limits
Action: Call current credit card providers and request limit increases (without hard inquiries). A higher limit improves your credit utilization ratio—another major scoring factor.

8. Leverage a Secured Credit Card If Needed
Action: If you’re rebuilding, a secured card helps establish a positive history. Use it sparingly and pay in full each month.

9. Track Progress and Celebrate Milestones
Action: Set benchmarks (e.g., raise score by 30 points). Celebrate success—it keeps you motivated. Use credit goals to anchor your journey toward homeownership.

———

 Today’s Show is Brought to You By: TimeFixMyCredit.com Text “CREDIT” to 561-861-2366 for personalized help and resources to get mortgage-ready and crush your credit goals.

———

Now let’s talk about TOOLS available to you to reach your real estate goals:

1. Expert-Led Real Estate Workshops
   Every Tuesday night, join our Path To Home Ownership Workshop. It’s where beginners become buyers. Learn from pros who walk you through each step.
2. The Path to Home Ownership System
   This structured program helps renters become homeowners, even with challenged credit. We offer coaching, planning, and access to deals.
3. Online Financial Calculators
   We’ll show you how to use mortgage calculators, rent vs. own calculators, and debt payoff tools to see the real picture.
4. Written Financial Plan
   If you don’t have a roadmap, you’ll get lost. We help you create a financial plan with timelines, savings goals, and homebuying checkpoints.

If not now, when? If not this, what? If not you, who?

———

 Today’s Show is Brought to You By: TimeFixMyCredit.com Text “CREDIT” to 561-861-2366 for your personal strategy session.

———

Let’s summarize today’s main points:

• Knowing your credit and fixing it is step one toward real estate success.
• Nine actionable steps help build, repair, and strengthen your credit foundation.
• Tools like budgeting apps, secured cards, and workshops make the journey practical.
• Everyone is in real estate—owners prosper, renters pay.
• Our workshops, planning systems, and coaching will help YOU become an owner.

Tomorrow is our Wednesday Midweek Mortgage & Market Report, where we bring you the latest updates on interest rates, housing trends, and financial forecasts that affect your investments and homeownership decisions. You won’t want to miss it!

Thank you for tuning in to The Real Estate Show. Don’t just listen—take action. Your future self will thank you. Use our resources, attend our workshops, and join the thousands of smart families making the American Dream their reality.

Visit us at  www.AutomaticLandlord.com for transcripts, past episodes, and bonus tools. Like us at Facebook.com/TheRealEstateShow. Likes keep us going, Shares keep us growing!