Investing comes with rules, and because of that it’s a great path to guarantee wealth creation.
So in the show today, we are talking about some of the rules that we need to understand when it comes to building a portfolio and creating wealth out of property.
We will be tackling 12 of the top rules today, and hopefully you will walk away with the best path for yourself as a property investor.
On this episode I discuss -
4:50 - Rule #1 and #2 - Don’t lose money!
10:31 - Rule #3 - Real estate is driven throug...
Investing comes with rules, and because of that it’s a great path to guarantee wealth creation.
So in the show today, we are talking about some of the rules that we need to understand when it comes to building a portfolio and creating wealth out of property.
We will be tackling 12 of the top rules today, and hopefully you will walk away with the best path for yourself as a property investor.
On this episode I discuss -
4:50 - Rule #1 and #2 - Don’t lose money!
10:31 - Rule #3 - Real estate is driven through compounding growth
16:06 - Rule #4 The 10/30 rule for maintaining your assets
23:21 - Rule #5 - The 50/30/20 Rule - Basic budgeting for before you start investing
30:07 - Rule #6 - The 75% Rule - Why your renovation project didn’t turn a profit
37:19 - Rule #7 - Rule 20 - Defining your success in real estate
39:40 - Rule #8 - The 30% Rule - Choosing the right tennant
42:21 - Rule #9 - Rule 43 - The value of newer properties
44:49 - Rule #10 - Rule 40 - How to save on your taxes
46:31 - Rule #11 - The 50% Rule - My least favorite rule!
50:30 - Rule #12 - The 1% Club and how to get into it
Don’t hesitate to hit me up on Facebook @SamSaggers. DM me any of your questions :)
If you’re yet to subscribe, be sure to do so on your favourite channel.
Apple - https://pre.fyi/upi-apple
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YouTube - https://pre.fyi/upi-youtube
And remember, I’m really good on 1.25 or 1.5 speed :)
Take care,
Sam
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