The Real Estate Show

Radio Show Notes 11/19/24 Tuesday:

Read a summary of the show below or

Listen Here

Watch Live Facebook Video Here

Top Real Estate Tools to Help You Build Wealth and Achieve Freedom Faster

Tuesday Tools, Tips, and Techniques Edition: The Real Estate Show

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

Hello, South Florida, and welcome back to The Real Estate Show—the region's #1 real estate program and America’s longest-running daily radio show about real estate! My name is Eric Willner, known as the Voice of Real Estate. I’m also the founder of the Automatic Landlord System, designed to help you own cash-flowing real estate profitably and hassle-free. Every episode is a virtual seminar packed with insights to help you succeed in real estate.

Today’s theme is: Building a Solid Financial Foundation is the Cornerstone of Achieving Wealth and Freedom.

Before we dive in, let’s reflect on today’s mission with a Transformation Tuesday Meditation:
“Lord, as we embark on this Transformation Tuesday, we seek Your transformative power in our work and personal lives. Guide us to be agents of positive change in the real estate landscape. Bless the properties we handle, that they may become places of warmth, security, and transformation for those who dwell within. Amen.”

Did You Know?

To kick off today’s show, let me ask you three provocative questions:
1?? Did you know that over 60% of Americans live paycheck to paycheck, making it nearly impossible to save for a home?
2?? Did you know that renters are five times less likely than homeowners to build long-term wealth?
3?? Did you know that carrying high-interest debt prevents many people from ever escaping the financial treadmill?

These are just a few alarming statistics about today’s market. Awareness is the first step to building a plan. Remember, everyone is in real estate—either you’re IN it because you own property, or you’re ON it, contributing to someone else’s wealth by paying rent.

Tools for Building a Financial Foundation

Yesterday, we introduced 9 reasons why building a solid financial foundation is critical. Today, I’ll break them down into actionable steps to help you succeed.

1. Assess Your Current Financial Health

Start by creating a clear picture of your income, expenses, debts, and savings.
 Action Step: Use tools like budget trackers or financial apps to monitor your spending habits and identify areas where you can cut back.

2. Pay Down High-Interest Debt

Debt with high interest rates is a significant barrier to wealth building.
 Action Step: Adopt strategies like the debt snowball or avalanche method. Focus on paying off the smallest debts first or tackle the ones with the highest interest rates.

3. Build an Emergency Fund

Life is unpredictable, and having savings is essential.
 Action Step: Aim to save at least 3–6 months of living expenses. Automate transfers to a savings account to make this process easier.

4. Improve Your Credit Score

A strong credit score opens the door to better loan options and lower interest rates.
 Action Step: Monitor your credit report regularly, dispute errors, and ensure on-time payments.

5. Learn to Leverage Real Estate

Your home isn’t just a place to live—it’s an asset that can generate wealth.
 Action Step: Look into house hacking, renting out spare rooms, or leveraging equity for further investments.

6. Diversify Income Streams

Don’t rely solely on one source of income.
 Action Step: Explore side hustles, passive income opportunities, or investments like rental properties to create financial stability.

7. Set Clear Financial Goals

Without a plan, it’s easy to drift.
 Action Step: Create SMART goals (Specific, Measurable, Achievable, Relevant, and Time-bound) for short- and long-term financial success.

8. Educate Yourself

Knowledge is the foundation of informed decision-making.
 Action Step: Attend workshops like tonight’s Path to Homeownership Free Workshop or join financial literacy programs.

9. Seek Professional Guidance

Navigating real estate and finances is complex—don’t do it alone.
 Action Step: Consult experts like financial advisors, mortgage brokers, or attend seminars like ours for tailored advice.

Call to Action: Text “LOAN” to 561-861-2366

If you have specific questions about home loans or financial strategies, text us! We’ll address your queries on an upcoming show.

Today’s Highlighted Tools & Techniques

To achieve your financial goals, use these resources:
1?? Real Estate Experts: Learn from seasoned professionals about homeownership strategies.
2?? Path to Homeownership Workshops: Join our FREE sessions to get actionable steps.
3?? Financial Calculators: Utilize tools to estimate affordability and plan budgets.
4?? Create a Financial Plan: A roadmap to guide your decisions and set milestones.

Remember: Real estate success isn’t luck; it’s strategy, discipline, and execution.

Sponsor Break

Today’s show is brought to you by: TimeToFixMyCredit.com. Don’t let bad credit hold you back—text "CREDIT" to 561-861-2366 to start fixing your financial future today.

Summarizing Today’s Episode

Here are the top takeaways from today’s show:

• Assessing your financial health is the first step to creating a solid foundation.
• Reducing debt and improving your credit score are critical for long-term wealth building.
• Real estate is one of the most powerful tools to achieve financial freedom.
• Knowledge and professional guidance are essential for navigating the path to success.
• Use available resources—like free workshops and tools—to stay informed and proactive.

Closing Thoughts

That wraps up today’s Tuesday Tools, Tips, and Techniques Edition of The Real Estate Show! Tomorrow, don’t miss our Wednesday Midweek Mortgage and Market Report, where we’ll discuss the latest trends and insights shaping the real estate market.

Thank you for joining me today. Remember, this show is more than a broadcast; it’s your gateway to real estate investing and achieving financial freedom. Don’t forget to attend tonight’s Path to Homeownership Workshop and our other free online sessions. Text "EDGE" to 561-861-2366 for details.

Let’s make the American Dream a reality for you—one solid financial foundation at a time. See you tomorrow! 

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.

#TheRealEstateShow, #The.Real.Estate.Show, #EricWillner, #AutomaticLandlord, #Saving vs Investing, #ThirdHome, #BestRealEstate, #WSBR, #AM740, #FM 96.9, FM 103.9, #WWNN, #AM1470, #MoneyTalkRadio, #TheRealEstateLife, #speakingempire, #GKIC, #makeamericagreatagain, #F.I.R.E., #The Real Estate Show, #propertymanagement, #rent, #Saving, #Investing, #Debt Solutions, # So You Can Retire Debt-free, #RetireDebtFree, #VA Loan, #AutomaticDebtSolution, #Tax, #MWR