The Duke Pod: Real Estate Stories
News:Business News
Hello Everyone.
Robert Kiyosaki wrote a very famous book on personal finance called, Rich dad Poor dad. He had two fathers that gave him complete different advice. One of them used that advice to become very wealthy and the other became poor.
This is a unique episode which we dive deep into this book I just read, we used examples to discuss the Rat race and how to acquire assets in real estate that will make you money, in the long term and in cash flow. The rat race is a concept that your assets provide you with enough cash to cover your overall expenses. If your monthly expenses are $3000, then you need enough assets to gain you $3000 a month in cash flow. If you accomplish this you are weathly. It takes a lot of time so it's a race to accomplish this before you need to retire!
There are many, many people that have accomplished this and it takes A LOT of time, A LOT of hard work, A LOT of Education and A LOT of dedication. I am going to give you guys some examples of how I gained a few assets and go over tips and suggestions on how to acquire real estate, what to do with it and how to acquire more over time.
We also review Robert's 10 tips on how to get started
1. Find your Spirit (I call this finding your why)
2. Make Sound daily choices, educate yourself!
3. Master skills and then master others
4. Pay yourself first
5. Choice your friends carefully
6. Pay your Trades well
7. Get something for nothing
8. Use Assets to buy luxuries
9. Choose a hero
10. Teacher others
Always remember: Fortune favours the bold!
Top 4 tips to become a successful sellers in the current market and in 2024!
A quick and educated Prediction of the 2024 Canadian real Estate market!
Canadian Real Estate Market updates in November & early 2024 predictions and insights.
What is happening in the Real Estate Market? Foreclosures, buyers are careful, home prices dropping O My!
A picture is worth a 1000 Words! How a family picture and letter shared to the sellers helps secure a home!
4 Must know tips to help you win offers in todays hyper aggressive sellers market starting the 2022 year!
The different phases you NEED To know when Aqairing and Owing an investment Property!
Merry Christmas everyone! Also have a wonderful new year. Here‘s to tips how to win multiple offers for 2022
Preconstruction vs Resale Buying: 8 Major differences you should know!
Get your first home as soon as possible to open your financial abilities. How clients did just that and got realistically lucky when buying recently.
How to Add 15-$100,000 in value before listing your home with minimal spending!
The Stress test increasing June 1st. How this change works and could affect the market for both buyers and sellers!
Why did the Canadian Real Estate market appreciate 16.5% during the Covid Pandemic?
Why the condo market could increase by 20% in the GTA
We be talking about lighting!
75Hard and 3 instances a client purchased a home without looking at it!
With Milton's #1 Agent for 11 years in a row: Amy Flowers! Discussing building a successful team, how to maneuver in the current market and real estate innovations!
Joleen Constantis from Volumes of space joins us to discuss modern trends and what to know in the world of interior design,
Amazing Tenant Acquisition and Property management tips with Mike Penny from GMP Properties!
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