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We are passionate about taking charge of your financial situation and not letting debt hold you back. Get real with yourself by taking a truthful look at your attitudes toward money. Do you pay off debt and then repeat the cycle? Have you turned down business or social opportunities because of debt? Work toward becoming the master of your financial situation... refuse to be the slave of debt!
People are always asking Ron & Angela if it's possible to invest in real estate with no money of your own. Ron's opinion on the subject is thought-provoking. The episode also addresses how much real estate training is available and how few of those courses teach sales skills. You may want to consider if you can benefit from sales training.
It's imperative you take a close look at the state of the current real estate market; it's showing signs of slowing down in some areas of the country. Ron and Angela explain why there is never a time to turn your back on real estate investing. They feel that the market is going through a cycle that hits every 8 to 10 years. It's nothing like the 2008/09 crash because the underlying weaknesses like subprime mortgages aren't a factor. Listen to hear REAL talk regarding the market.
People always ask us. So, we're going to explain the whole passive income thing, which does require a little action on the investor's part. Put the emphasis on income, not passive, when thinking about it. Managed rental investing is an excellent way to diversify your portfolio and earn a serious return. Angela shares an experience her mom, also a real estate investor, had which shows that even serious property damage interrupts earning only briefly.
Learn the importance of goal setting, and of owning the fact that only you are accountable for reaching them. Angela Thomas and Ron Phillips of RP Capital provide useful tips. Get ideas about how to reach goals. Learn about honesty and brevity in goal setting, and about keeping goals relevant and meaningful. Enjoy!
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