In this episode, power couple Val Skripek and Mike Gawell join us as they share their investing journey. Val is one of the most talented real estate sales performance coaches. She has been in real estate with Keller Williams for over 10 years and heading on her 30th year in real estate, six years in coaching the rest as a sole proprietor agent. Mike, on the other hand, has an extensive retail background. He has a furniture wholesale business covering eleven states. Recently, Val and Mike have invested in Renault.

Here’s what we talked about:

Episode Highlights:

Educating People About Real Estate Investing

Too often, people become anxious about owning real estate. They worried about what would happen if the tenants don't pay or whether they have to get an accountant. And many times, Val and Mike have to explain that so they can get the message across.

That being said, it's about being selective about where you buy or what's it going to be like to manage that property? Is there a professional management company in play or how much work do you want to do? And that all comes into what is the investor going to buy? What is their ability to absorb risk? How dangerous do they want to live with that? How many units do they want to have?

Teaching Your Kids the Value of Building Wealth Through Real Estate

Real estate is all about relationships. Being able to share that knowledge with your kids is very important so they would understand the value of building wealth through real estate. And your kids seeing you being successful with it is empowering for them.

Links:

Accountable Equity

Renault

Email Val at [email protected] or call her at 215-872-7936.

Email Mike at [email protected]