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Learn about the 4 returns real estate investors enjoy. Ron and Angela of RP Capital take you through a case study about the returns generated by an actual rental house in the Midwest. It's an excellent way to better your understanding. And after listening, you can get additional information from RPC websites.
You need to be an advocate for getting the education you need to succeed… self-education, to be precise. They get real about the education system, which teaches students to repeat facts instead of teaching the skills needed for business and life. They recommend searching out the information you need using free resources like the internet and the library.
When you spend time blaming others for everything, you are not spending time bettering yourself. It's important to take responsibility for your actions. Be grateful, be positive, take action toward success, and ask for advice. There are plenty of good ideas in this episode to help you focus on personal growth and business success.
Many people don't know accredited investing exists. The SEC set it up to protect people from getting into investments that are too rich for them. Accredited investments are largely unadvertised since so few people qualify for them. The deals don't always have greater return than regular investments, though many do have greater potential. Ron & Angela give an overview of the benefits and requirements of accredited investing.
Many Americans avoid planning or seriously think winning the lottery is how they'll finance retirement. Now, that's a definite sucker route! Ron and Angela recommend developing a lifestyle plan and a financial plan. Putting a retirement plan together and funding it gives you peace of mind.
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