October 31st, 2023 10:09 PM by Eric Willner
Radio Show Notes 10/31/23 Tuesday:
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"Maximize Real Estate Success with Expert Coaching: The DWY Advantage on The Real Estate Show!"
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. I'm Eric Willner, your host, also known as the Voice of Real Estate and the founder of America’s longest running daily radio show about real estate. Today, we're here for the "Tuesday Tools, Tips, and Techniques" edition of The Real Estate Show, and we're continuing our discussion about why NOW is the time to buy real estate, all while focusing on:
THEME OF THE DAY: The three Styles of Investing in Real Estate – DIY, DWY, and DFY.
But first, here's a question to get your gears turning:
Did you know that investing in real estate has the potential to provide consistent cash flow and build long-term wealth through property appreciation?
We'll explore this in greater detail today, so stay with us.
WORKSHOP ANNOUNCEMENT:
- But before we dive in, let me remind you about this week's special FREE Workshops:
What is DIY, DWY, and DFY?
Now, let's continue to talk about why NOW is the time to buy real estate, focusing on the three Styles of Investing in Real Estate – DIY, DWY, and DFY.
So, let's dive a little deeper into these styles:
*DIY: Do It Yourself
- DIY stands for "Do It Yourself." This approach offers both advantages and challenges.
Pro #1: Total control. When you choose the DIY route, you're the decision-maker. You call the shots, select your properties, and enjoy all the profits.
Pro #2: Learning opportunity. If you're looking to gain valuable knowledge about the real estate market and investment strategies, there's no better way than diving in and learning as you go.
Con #1: Time-intensive. Real estate can be a time-consuming venture, from property research to maintenance, it can become a full-time job.
Con #2: Risk of mistakes. As a novice, you may make costly errors, both in property selection and management, potentially affecting your overall returns.
*DWY: Done with You
Next, we have DWY, which stands for "Done with You." This style offers a unique blend of hands-on and guided support.
Pro #1: Shared responsibility. With DWY, you have experts by your side, guiding your decisions and offering their experience while still allowing you to be involved in the process.
Pro #2: Learning while doing. It's an excellent way to acquire knowledge and experience with some expert backup.
Con #1: Shared profits. You may have to share a portion of your returns with the professionals guiding you.
Con #2: Limited control. While you have guidance, you won't have the same level of control as in the DIY approach.
*SPONSOR'S BREAK: Before we continue, let's take a moment to thank our sponsor. Today's show is brought to you by FixMyCredit.com, your trusted source for improving your credit score. Whether you're looking to secure a mortgage or better interest rates, FixMyCredit.com has you covered. Visit their website today to learn more about their services.
DWY: The Benefits of Coaching
Now, let's focus on "Done with You" or DWY. This style offers coaching and guidance as you navigate the world of real estate investing. Here are five reasons why coaching can speed up your success in real estate:
Reason #1: Expertise at your fingertips. Coaches bring their knowledge, experience, and insights to the table, helping you make informed decisions.
Reason #2: Accountability. Having a coach ensures you stay on track and focused on your goals, avoiding distractions and procrastination.
Reason #3: Personalized strategy. Coaches tailor their guidance to your specific needs and objectives, making your real estate journey more efficient and effective.
Reason #4: Networking opportunities. Coaches often have extensive networks in the real estate industry, providing you with valuable connections and resources.
Reason #5: Faster learning curve. With a coach's guidance, you can avoid common pitfalls and make more informed decisions, ultimately accelerating your path to success.
CALL TO ACTION: As we move forward, don't forget to text the word EDGE to 561-861-2366 to access resources that will help you choose the right path in real estate.
WRAP-UP
In the upcoming episodes, we'll continue to explore the DIY, DWY, and DFY styles of investing, providing you with valuable insights and real-world examples to help you make the best choice for your financial future.
That's a wrap for today's "Tuesday Tools, Tips, and Techniques" edition of The Real Estate Show. Thank you for joining us. And remember, it's not just about listening; it's about taking action. Use our show to get started in real estate investing and tune in every weekday to The Real Estate Show, your virtual real estate seminar with each episode.
Today's show was brought to you by FixMyCredit.com. Improve your credit score and secure your financial future. Visit FixMyCredit.com today. I'm Eric Willner, the Voice of Real Estate, and I'll see you in the next episode. Have a fantastic day!
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