Doing Today Real Estate and Mindset Podcast

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The current uncertain times are causing concerns and fear about inflation and the banking system in America, but we can focus on what we can control, such as preparing for challenging times and creating a business plan to deal with uncertainty in interest rates. It's essential to be focused, committed, and disciplined to succeed in any uncertain times. By taking control of our lives, we can improve not only our lives but also the lives of those we serve.

Discussed in this episode:

• Inflation and concerns about the banking system are causing uncertainty.
• We can't control what the government or banks are doing, but we can control how we prepare for challenging times.
• We can create a business plan to deal with uncertainty in interest rates and lock in fixed rates.
• Success during uncertain times requires focus, commitment, and discipline.
• We should focus on what we can control, rather than what we can't control.
• We should ask ourselves how we can show up and be the best we can be, and take small actions towards achieving our goals every day.
• We should take control of our lives and improve the lives of those we serve by focusing on what we can control and ignoring fear-based media. 

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I recently had the opportunity to listen to a talk from an economist. He discussed his forecast for this year and in the video, I share some of my key takeaways.

Key Takeaways:

• Causes of Inflation
• How to deal with inflation
• Biggest opportunities for investment in 2023

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In this episode, we discuss different forms of "passive income" and what we believe to be actual true Passive Income. 

Here are a few points from this episode:

• Passive income is seen as a desirable way of generating wealth without having to actively work for it.
• The idea of passive income is often associated with buying property and renting it out, but it may not be as passive as it seems as there are still expenses and maintenance to consider.
• Money market accounts may not be the best option for generating passive income as inflation rates may negate any interest earned.
• Investing in the stock market can generate passive income over the long term, but it is volatile and requires a long-term strategy.
• Real estate investment can also be a way to generate passive income, but managing the property and associated expenses may not make it as passive as anticipated.
• Single-family real estate investing can provide cash flow, but there may still be unexpected expenses and maintenance to deal with.

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All investments come with some degree of risk and reward. In this video, we discuss the benefits and risks of investing in stocks, bonds, mutual funds, single family real estate, and multi family real estate. www.doingtoday.co

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Why do I invest in Real Estate and Businesses?

1. Passive Income

2. Tax Savings

3. Cash Flow

4. Equity Multiple

Want to learn more about gaining freedom through passive investments? Head over to our website here: www.doingtoday.co

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Never getting started is the worst form of failure. Fearing the judgement of others, especially those who really don't matter in your life robs you of getting that start. When we live in fear of what others will say, we have already given control of our lives away. Judgement is everywhere. Just make sure to start with removing it from your own head. If you are one who finds fear in what others might think, please start with preparing your mind. You may always feel that emotion when starting something new, but if you have prepared your mind, you will be able to recognize those emotions and shift your focus from fear to action.

Have you ever found yourself falling into the trap of rewarding yourself for completing a good habit? I do this all the time. Excuses can creep up in so many different ways. Be real with yourself about what it is that you are trying to accomplish and avoid sabotaging yourself!

Excuses, Excuses, Excuses! We all have them. And we always will. The key is that we prepare our minds to be ready for those excuses and when we encounter them, we can recognize them and have the opportunity to not give in and take action to reverse them.

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You are capable of so much more than your brain allows you to believe. It is important to prepare your mind to be able to overcome this challenge. 

Affirmations are great for preparing your mind. Telling yourself how you want to act on a daily basis will allow you to recognize when the opportunities present themselves to be able to take your desired actions.

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Limited thinking is part of human nature for most people. We all have feelings of self doubt and fear. And for most of us that may never change. But what we can change is how we react to those feelings. Our brain can be trained to react the way we want to in any situation. It takes commitment and consistency to make those changes, but in this video we discuss the small daily actions that can be taken to make it happen.

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