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StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi!
This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.
In this episode of STRUnfiltered, host Bill discusses the topic - 'Are you ready to buy property?' He first encourages listeners to identify the reasons behind their decision to invest and also to decide whether it's a lifestyle asset or a financially driven decision. He then talks about the importance of understanding one's 'bankability' and examines the various factors that affect it such as debt-to-income ratio and credit score. He also gives strategies on how to improve bankability and reminds his listeners to plan for multiple deals ahead. Bill ends by inviting his listeners to the upcoming STR Wealth Conference.
02:01 Introduction and Welcome
02:22 Understanding Your Motivation to Buy
02:51 Financially Driven Decisions vs Lifestyle Assets
04:05 Are You Bankable? Understanding Loan Options
04:22 Understanding Your Debt to Income Ratio
05:49 Managing Your Credit Score and Debt
06:48 Strategies to Improve Your Bankability
08:53 Planning Your Financial Investing Strategy
09:36 Setting Your Investment Goals
11:19 Conclusion and Invitation to STR Wealth Conference
Watch this episode on our Youtube Channel Every Tuesday & Friday
https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA
The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508
You can find more of Bill online at:
Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1
Build STR Wealth: https://buildstrwealth.com/
Instagram: @BillFaeth73
Tik Tok: @bfaeth
Learn more about your ad choices. Visit megaphone.fm/adchoices
4.8
8484 ratings
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi!
This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.
In this episode of STRUnfiltered, host Bill discusses the topic - 'Are you ready to buy property?' He first encourages listeners to identify the reasons behind their decision to invest and also to decide whether it's a lifestyle asset or a financially driven decision. He then talks about the importance of understanding one's 'bankability' and examines the various factors that affect it such as debt-to-income ratio and credit score. He also gives strategies on how to improve bankability and reminds his listeners to plan for multiple deals ahead. Bill ends by inviting his listeners to the upcoming STR Wealth Conference.
02:01 Introduction and Welcome
02:22 Understanding Your Motivation to Buy
02:51 Financially Driven Decisions vs Lifestyle Assets
04:05 Are You Bankable? Understanding Loan Options
04:22 Understanding Your Debt to Income Ratio
05:49 Managing Your Credit Score and Debt
06:48 Strategies to Improve Your Bankability
08:53 Planning Your Financial Investing Strategy
09:36 Setting Your Investment Goals
11:19 Conclusion and Invitation to STR Wealth Conference
Watch this episode on our Youtube Channel Every Tuesday & Friday
https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA
The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508
You can find more of Bill online at:
Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1
Build STR Wealth: https://buildstrwealth.com/
Instagram: @BillFaeth73
Tik Tok: @bfaeth
Learn more about your ad choices. Visit megaphone.fm/adchoices
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