The Real Estate Show

Radio Show Notes 10/31/24 Thursday: About the Money: How Stepping Out of Your Comfort Zone Can Boost Your Wealth in Real Estate

October 31st, 2024 10:05 PM by Eric Willner

Radio Show Notes 10/31/24 Thursday:

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About the Money: How Stepping Out of Your Comfort Zone Can Boost Your Wealth in Real Estate

    

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

Did you know… that taking one proactive step in real estate can have a ripple effect, multiplying your wealth-building opportunities over time? Or that the difference between waiting for rates to drop and making a move now could mean tens of thousands of dollars? Did you know that “rules of money” exist that, when understood, can give you a real edge in your finances?

Welcome to The Real Estate Show, South Florida’s #1 real estate radio show, and the longest-running daily real estate show in America. I’m your host, Eric Willner, known as the Voice of Real Estate and creator of The Automatic Landlord System—a system designed to help you own cash-flowing real estate profitably and hassle-free. Each episode is like a virtual real estate seminar that puts money back into your pocket!

Today is Thursday, which means it’s ATM – About The Money, and our theme is all about why getting out of your comfort zone is critical to your success in real estate. We’re here to share why taking that initial leap is essential for success, whether you’re new to real estate or looking to expand your portfolio.

So, let's dive into today's topic: The "Rules of Money" and how they relate to our theme of getting out of your comfort zone. Yes, there are indeed rules to money, and here’s a quick reminder of some key ones:

  • The 1% Rule: This guideline is used by real estate investors to determine if a rental property is a good investment based on its potential rental income.
  • The 4% Rule: Often used as a financial planning rule, this helps you determine a safe withdrawal rate to maximize your income and longevity.
  • The Rule of 72: Divide 72 by your annual return rate to see how long it’ll take to double your money! It’s about understanding how your money works.

Knowing these rules can give you a true edge in your finances. Period.

Did you know that most real estate success stories begin with stepping outside of the familiar and embracing calculated risks? Or that by overcoming just a few mental barriers, you could unlock new financial possibilities? That’s exactly what we discussed at last night’s Financial Edge Academy Workshop. We’re building a community of “Street Smart” and “Money Smart” investors, guiding everyone through a 72-Hour Money Challenge.

[Commercial Break]

Debt is the middleman between you and financial freedom. Real estate is the best vehicle to eliminate that middleman. ?? Ready to take control of your finances and put more money back in your pocket? Join our 72-Hour Money Challenge—where financial experts do the work, and you reap the rewards! ????

Here’s what you can expect:

·       Our Experts Do The Work: We provide a team of financial experts to handle the heavy lifting for you and anyone you refer.

·       GUARANTEED SUCCESS: We guarantee to put more money in your pocket than our membership costs—or your money back!

·       YOU GET PAID DAILY: Refer others to our challenge and earn immediate and long-term residual income.

Every day you wait could be costing you hundreds or even thousands of dollars monthly. Start today and experience financial freedom. ?? Join the challenge now at www.AutomaticLandlord.com#72HourChallenge #FinancialFreedom

Text EDGE to 561-861-2366 to join us today!

Let’s quantify why stepping out of your comfort zone is so crucial with a couple of real-life examples:

  • Example 1: Suppose you buy a property at $300,000 with a 10% down payment. In five years, with an average appreciation rate of 5%, that property could be worth nearly $383,000, netting you $83,000 in appreciation alone. And that’s without factoring in rental income, tax deductions, or principal paydown!
  • Example 2: Imagine using a strategic approach, such as our Automatic Landlord System, where you invest $50,000 into a property that generates $500 monthly cash flow. Over 10 years, that’s $60,000 in income—your initial investment fully returned just from the cash flow!
  • And what if there was a way do better, and already know how you will exit and at what profit?

Can you see how pushing out of your comfort zone now could set you up for impressive financial gains? That’s why this theme is so essential.

Here are five compelling reasons why stepping out of your comfort zone is vital for success:

  1. Unlock New Opportunities: By taking the leap, you’ll see real estate deals and financial growth opportunities others miss.
  2. Multiply Wealth: Investing now, despite market noise, can yield compounding returns that grow exponentially over time.
  3. Build Resilience: Real estate investing challenges you, but it also builds a financial resilience that lasts a lifetime.
  4. Develop Financial Literacy: The journey forces you to learn invaluable money principles that enhance every area of your financial life.
  5. Achieve Financial Freedom Faster: Getting out of your comfort zone expedites your journey toward financial independence.

Today’s show is brought to you by TimeToFixMyCredit.com. Don't let bad credit hold you back from reaching your real estate goals! Text "Credit" to 561-861-2366 to build your financial edge with good credit!

Thinking about attending one of our free workshops? Text "Edge" to 561-861-2366 to secure your spot today!

Another crucial element to remember is The Power of a 3-Pronged Approach, or the “3-Legged Stool,” essential for stable success in real estate:

  1. Everyone Should Buy a Home: Owning your property builds stability and wealth.
  2. Keep Finances in Order: Establish a written financial and life plan to stay focused.
  3. Own a Business: Let it pay you, create tax benefits, and build lasting wealth.

To support this approach, we have a 3-Level, 5-Star System that will guide you to win the money game:

  • Level 1 – Save: Keep more of what you earn with savvy savings strategies.
  • Level 2 – Make: Grow your earnings through smart investments, not harder work.
  • Level 3 – Multiply: Use leverage to turn your efforts into exponential gains.

Three is the smallest prime number after one, but it holds immense power in simplifying the path to financial freedom through real estate.

Here are three ways you can take action today:

  1. DIY – Version 2.0 of The Automatic Landlord is coming soon—offering tools to maximize your ROI.
  2. DWY – Done-With-You Coaching tailored for “Navy Seals” of real estate, not “Baby Seals.”
  3. DFY – Done-For-You Deals that offer 10%+ ROI, perfect for hands-off investors.

Text EDGE to 561-861-2366 to learn how we can support your journey.

Today’s show is brought to you by TimeToFixMyCredit.com—our partner in bringing you homeownership opportunities, no matter your credit or down payment. Make sure to join us at www.AutomaticLandlord.com to get started!

Thank you for tuning in to The Real Estate Show. But don’t just listen—use these insights to start your real estate journey today! Join our workshops, take action, and tune in every weekday for a mini-seminar in every episode. And remember, tomorrow’s our Friday Weekly Wrap-Up—don’t miss the week’s highlights!

The big question is: What’s your next step? Join us in our workshops; they’re here for you. Remember, sharing this show is caring, and it’s the ultimate way to empower others. Real estate is the best investment. Period. It’s the IDEAL investment!



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 31st, 2024 10:05 PM

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