What sets successful investors apart from the rest is their investing goals. When you know your goals, it's easy to see past enticing deals and understand the numbers.
In this episode, we talk about three investing goals and case studies to help you better understand the different types of investments. If, after listening, you're still unsure what your goals are, then we have something that will help you. Listen up to the end!
Episode Timeline:
[1:33 - 2:51]
• Process of finding a home to live in.
• What are your non-negotiables when looking for a home
• It's the same analogy when investing in real estate.
• What will happen if you invest without clear goals?
[2:52-4:52]
• Example #1: Investing for cashflow.
• Case Study: Katie, a mom who works a corporate full-time job.
• If Katie wants a passive income of $2,000 a month, how much must she invest?
[4:53 - 5:48]
• Example #2: Investing for appreciation
• Case Study: Jessie, single with no children, has excellent cash flow, not interested in quitting her full-time job
• What type of real estate should Jessie invest in?
[5:49 - 6:52]
• Example #3: Investing for cashflow and appreciation
• When you know your investing goals, you can sift through deals that do not align with your goals
• How to invest confidently without second-guessing
[6:53 - 7:33]
• Unsure of what your goals are? Sign up for Investment Crew at www.steadystreams.com
Episode Highlight:
"Before you even begin to consider potential investment opportunities, you have to know why you're investing and what you're looking to get out of it."
===
Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass!
https://steadystreaminvestments.com/masterclass/
Follow us at
https://www.facebook.com/steadystreaminvestments
https://www.instagram.com/quietwealthcommunity/
https://www.tiktok.com/@quietwealth
https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ
https://www.linkedin.com/company/steady-stream-investments
NEW TO THE SHOW?
Browse through all of our episodes here
https://steadystreaminvestments.com/podcast
P.S. We at the Quiet Wealth Podcast are excited you’re here!
===
Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass!
https://steadystreaminvestments.com/masterclass/
Follow us at
https://www.facebook.com/steadystreaminvestments
https://www.instagram.com/quietwealthcommunity/
https://www.tiktok.com/@quietwealth