-
▼
-
▼
Real estate investing can be a viable way to build wealth, but you need to have a plan and know exactly what you’re getting into. This episode of The Money Guy Show provides one of the most honest assessments of real estate investing you’ll find online. We’ll dive deep into strategic ways you can use this valuable asset to your advantage, but also, we’ll give you a dose of reality that’s not on the shiny brochure!
In this episode, you’ll learn:
- The pros and cons to 6 types of real estate investing
- Home ownership
- Passive via portfolio
- Residential rental properties
- Commercial real estate
- Private real estate deal
- Land development
- Why real estate investing should not be considered a passive income source
- How to strategically leverage the power of real estate investing instead of getting ripped off
- How to tell it’s the right time for you to invest in real estate
- Tax benefits to take advantage of when buying real estate
Research and resources from this episode:
- Influence & Lobbyist: Interest Groups (OpenSecrets.org)
- Influence & Lobbyist: Finance/Insurance/Real Estate (OpenSecrets.org)
- Net Worth by Age Calculator for the United States (DQYDJ)
- Asset Class Returns (Portfolio Visualizer)
Enjoy the Show?
Where You Can Watch and Listen:
Subscribe on these platforms or wherever you listen to podcasts! Turn on notifications to keep up with our new content, including:
- Episodes of The Money Guy Show every Friday
- Episodes of Making a Millionaire every other Monday
- Mini-shows every Wednesday
- Ask Money Guy Livestreams every Tuesday
- Tons of other fun content!
Free Resources
Free Resources
Financial Order of Operations®: Maximize Your Army of Dollar Bills!
Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...
Free Resources
Wealth Multiplier By Age
If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.
Free Resources
Car Buying Checklist
Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...
Articles
Articles
Where To Invest After You Max Out Your Retirement Accounts
If you have a higher income, maxing out your Roth IRA, HSA, and 401(k) might not seem that daunting - and it may not even...
Articles
How To Win With Money in Your 20s (and Set Yourself Up for Life)
The first decade of adulthood is one of the most important periods of your life. The course your life takes when you are younger can...
Articles
When Should You Refinance Your Mortgage?
More than 1 in 5 Americans have a mortgage rate over 6%, which is greater than the share of the country with a rate under...
Financial FAQs
Courses & Tools
How about more sense and more money?
Check for blindspots and shift into the financial fast-lane. Join a community of like minded Financial Mutants as we accelerate our wealth building process and have fun while doing it.
Free Resources
Financial Order of Operations®: Maximize Your Army of Dollar Bills!
Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...
Free Resources
Wealth Multiplier By Age
If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.
Free Resources
Car Buying Checklist
Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...
Recent Episodes
It's like finding some change in the couch cushions.
Watch or listen every week to learn and apply financial strategies to grow your wealth and live your best life.
Episodes
How This Disney Star Lost All Of Her Money
From a million-dollar year to $200K in debt, Disney star Christy Carlson Romano shares her wildest money mistakes and how she rebuilt from scratch in...
Episodes
Don’t Make This Huge Roth Mistake
When is a Roth conversion a mistake? We break down 5 situations, the 4 questions to ask first, and a case study saving one couple...
Episodes
Financial Advisors React to Actually Hilarious Money Clips
Sports betting as investing, a bank robbery math hack, and lime juice Cheetos. We are back and ready to react to the internet's wildest and...