The Growth Booth

#22: Wealth Building Part 2: Property Investment in New York City & Beyond


Listen Later

Over 90% of millionaires are invested in real estate for a reason. Learn more as Aidan dives into using Real Estate as an investment in part 2 of our wealth-building trilogy.

Welcome to the 22nd episode of The Growth Booth Podcast, a show focused on supporting budding entrepreneurs and established business owners alike, towards achieving lifestyle freedom through building successful online businesses.

In this episode, Aidan interviews New York City property expert Weimin Tan about property investment, and why it’s a good investment vehicle for some people. Take an inside look at how Aidan invests in the Manhattan real estate market, what to look for in a property, and a basic ‘numbers game perspective’ to guide your real estate investment journey.

Whether you're looking for step-by-step strategies to start building an online business, simple game plans to grow your business, or proven lifestyle freedom frameworks, you’re in the right place.

Stay tuned and be sure to join the thousands of listeners already in growth mode!


Timestamps:

00:00 Intro

02:10 Special Guest

05:16 Episode Sponsor

05:49 Why Get Into Real Estate Investments

09:05 The Manhattan Real Estate Market

13:43 Negotiating Property Deals

16:54 What To Look For In A Property

20:44 Return On Investment

25:25 Rental Contracts

28:45 Expenses When Buying Real Estate in Manhattan

31:34 Starting Price of Manhattan Property

33:18 Where To Check Out the Manhattan Market

33:47 Common Mistakes and Problems To Watch Out For

35:09 Property Brokers

37:59 Other Mistakes to Avoid

40:25 Talking to Kids About Investing

42:47 Recommended Books On Real Estate

45:30 Outro


Links Mentioned:

  • StreetEasy - https://streeteasy.com/
  • Castle-Avenue - https://www.castle-avenue.com/
  • Blueprint Academy - https://thegrowthbooth.com/academy 


Resources:

  • Rich Dad Poor Dad, by Robert Kiyosaki - https://amzn.to/3N4P1ln


About Our Host:

Aidan Booth is passionate about lifestyle freedom and has focused on building online businesses to achieve this since 2005. From affiliate marketing to eCommerce, small business marketing to SAAS (software as a service), online education to speaking at seminars, the journey has been a rollercoaster ride with plenty of thrills along the way. Aidan is proud to have helped thousands of entrepreneurs earn their first dollar online, and coached many people to build million-dollar businesses. Aidan and his business partner (Steven Clayton) are the #1 ranked vendors on Clickbank.com, and sell their products in over 100 countries globally, as well as in 20,000+ stores across the USA, to generate 8-figures annually.

Away from the online world, Aidan is a proud Dad of two young kids, an avid investor, a swimming enthusiast, and a nomadic traveler.

 

Let's Connect!

●  Visit the website: https://thegrowthbooth.com/ 

●  Follow us on Facebook: https://www.facebook.com/aidanboothonline 

●  Let's connect on Instagram: https://www.instagram.com/aidanboothonline/ 

●  Subscribe to our YouTube Channel: https://www.youtube.com/c/TheGrowthBooth 


Connect with Weimin Tan via castle-avenue.com


Thanks for tuning in! Please don’t forget to like, share, and subscribe!

...more
View all episodesView all episodes
Download on the App Store

The Growth BoothBy Aidan Booth