The Real Estate Show

Radio Show Notes 10/22/24 Tuesday: Start 2025 Right: A 90-Day Plan for Financial Freedom with Real Estate

October 25th, 2024 10:24 PM by Eric Willner

Radio Show Notes 10/22/24 Tuesday:

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Start 2025 Right: A 90-Day Plan for Financial Freedom with Real Estate

Key points:

·  Real Estate as a Path to Financial Freedom: Real estate can be a powerful tool for building financial stability and independence, especially as we prepare for a fresh start in 2025.

·  9 Actionable Steps: Key steps include assessing your financial health, improving your credit score, creating a budget, getting pre-approved for a mortgage, and attending free workshops to gain essential knowledge.

·  Overcoming Common Roadblocks: Addressing challenges like taxes, high interest rates, uncontrolled monthly expenses, and inflation is crucial for achieving long-term success.

·  Tools for Success: Utilize educational resources, financial calculators, workshops, and personalized financial plans to reach your real estate goals.

·  Call to Action: Start turning debt into wealth through real estate. Text "CREDIT" to 561-861-2366 for personalized advice and attend our free online workshops to set yourself up for success.

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. I’m also the 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.

Today, let’s talk about success and failure... and ask: Are you ready for a 90 Day Fresh Start for 2025?

Before we dive in, let me ask you three thought-provoking questions:

  • Did you know that only 65% of Americans currently own their home, leaving the rest to face the unpredictable rental market?
  • Did you know that over 40% of Americans report feeling burdened by debt, making it difficult to save for a down payment or secure better loan terms?
  • Did you know that homeownership is one of the key contributors to building generational wealth, yet many miss out on this opportunity due to lack of financial guidance?

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. These "Did You Know?" questions highlight the critical role homeownership plays in Americans' lives and the challenges many face due to not owning, including poor credit scores, excessive debt burdens, and financial vulnerabilities.

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 have the pride of ownership along with all the other benefits real estate has. Or, you are ON Real Estate, either through direct rent payments or indirectly, through working for an employer who pays the rent for your workplace, you pay those IN Real Estate!

Today’s Theme: A 90 Day Fresh Start for 2025

In today’s highlighted Tools and Techniques segment, let’s dive into the practical part. Yesterday, I gave you 9 reasons to ask yourself: Are you ready for a 90 Day Fresh Start for 2025?

Now let’s break them down as actionable steps:

  1. Create a Financial Plan: Start by reviewing your income, expenses, and debt. Identify areas where you can cut costs and set clear savings goals. Having a plan gives you direction and a roadmap to achieve your homeownership or investment goals.
  2. Boost Your Credit Score: Check your credit report for inaccuracies and address them. Pay down high-interest debt and focus on making all payments on time. A better credit score can save you thousands when securing a mortgage.
  3. Save for a Down Payment: Begin by setting up a dedicated savings account for your down payment. Automate your savings, and challenge yourself with monthly saving goals. A bigger down payment means better loan terms.
  4. Get Pre-Approved for a Mortgage: Pre-approval is a powerful tool in today’s competitive market. It lets you know how much you can afford and signals to sellers that you’re a serious buyer, giving you an edge.
  5. Research Investment Opportunities: Whether it’s rental properties, house flipping, or vacation rentals, explore which real estate strategy aligns with your financial goals. Knowledge is key to making the right moves.
  6. Attend Workshops and Seminars: Continuous learning is crucial. Join our Tuesday night workshop to gain insights into the path to homeownership and get practical advice tailored to today’s market.
  7. Network with Real Estate Professionals: Connect with agents, lenders, and investors. Building a strong team can help you find off-market deals and get valuable insights into emerging market trends.
  8. Diversify Your Real Estate Portfolio: Don’t put all your eggs in one basket. Look for properties in different locations and types, from residential to commercial, to minimize risks and maximize returns.
  9. Leverage Tax Benefits: Consult a financial advisor about the tax advantages of real estate investing, such as deductions on mortgage interest, property taxes, and using a 1031 exchange to defer capital gains.

Today’s Show is Brought to You By: TimeToFixMyCredit.com. Text “Credit” to [your show text number] and take the first step toward improving your credit score and preparing for a brighter financial future.

Tools for Real Estate Success

There are incredible resources to help renters, buyers, and investors—so don’t forget to attend our Tuesday night workshop! Now, let’s break down some of the key tools that will help you reach your real estate goals as we approach the new year:

  1. Experts Teaching About Real Estate Home Ownership: Learn from professionals who can guide you through the process, from understanding mortgage options to closing the deal.
  2. The Path To Homeownership Free Workshops: Join our workshops to get a solid understanding of the steps involved in buying a home and how to navigate today’s market conditions.
  3. Financial Calculators: Use these tools to estimate mortgage payments, compare loan options, and understand how much home you can afford. Knowledge is power!
  4. A Financial Plan: A detailed plan will keep you on track. It helps prioritize where your money goes, especially when it comes to saving for a home or planning investments.

Today’s Show is Brought to You By: TimeToFixMyCredit.com. Text “Credit” to [your show text number] to begin turning your financial situation around!

Recap of Today’s Show

Here’s a quick summary of today’s show:

  • Creating a clear financial plan is the first step toward a fresh start.
  • Improving your credit score can unlock better mortgage rates.
  • Pre-approval positions you as a strong buyer in a competitive market.
  • Learning and networking are crucial in real estate.
  • Diversification and tax planning are key strategies for sustained growth.

Tomorrow is our Wednesday Midweek Mortgage and Market Report. You won’t want to miss getting up to date with what’s going on in the real estate world. We’ll break down the latest trends, analyze the mortgage market, and discuss what’s driving property values.

Thank you for listening to today’s edition of The Real Estate Show. Remember, don’t just listen—use our show to get started in real estate investing and change your financial future. Tune in every weekday to our show—it’s a literal seminar in every episode of The Real Estate Show. And don’t forget to attend our free online workshops—your journey to real estate success starts now!


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 

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.

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Posted by Eric Willner on October 25th, 2024 10:24 PM

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