Epic Real Estate Investing - Why Is Everyone Investing in Real Estate? Is It Too Late to Start | 869

Episode Date: December 17, 2019

Is it too late to start investing in real estate? Stay tuned because Mercedes shares 3 key points to jump into your real estate journey, right now! Learn more about your ad choices. Visit megaphone.fm/adchoices

This is Terrio Media. So you want to be a real estate investor, but you don't want to do the work. If there were only a way where someone else could do it for you, now there is. Tune in here each and every Tuesday on the Epic Real Estate Investing show for Turnkey Tuesdays with your host, Mercedes-Torres. Hello and welcome, welcome to Turnkey Tuesdays brought to you by Epic Real Estate Investing. My name is Mercedes-Torres, your turn-key. and I help busy professionals acquire passive income through real estate investing so they don't have to work so hard and perhaps even retire even faster.

So this show is to share tips and advice and real life, real estate experiences so that you two can create passive income in your world. That said, if this is your first time here, glad you made it, make yourself at home. And if this is not your first time here, welcome back. Now, have you ever asked yourself, why is everyone investing in real estate? And is it too late to start? Well, real estate is one of the oldest professions in the world. In fact, it has created the most millionaires in our lifetime. But really, why do people want to become real estate?

investors. Let's face it, some want to become rich and they know that real estate is the final frontier where the average person has a legitimate chance to create financial freedom. The reality is there's so much real estate in our country, you can always jump in so it's never too late. I mean, we are not making any more land. And at the moment, there are not making any more land. There are more people on this earth than there are houses. So in our lifetime, it will never be too late to get started in real estate. Now, you may be thinking, I'm too old to get started on my first real estate venture, but the reality is it's never too late to start and you're never too old. Not everyone is investing in real estate. You know why? Because too many people think that real estate investing

is a risky investment. And what they don't realize is real estate is one of the safest investments out there. Because not only can you control every aspect, well, almost every aspect of real estate investing, but the ancillary benefits make the average person more money every year without doing anything extra. Not many people take the time to educate themselves about real estate because they operate under the facade that real estate is way too risky. So if you're that person, that things that you missed your chance to jump into real estate or you're too old or really that real estate is just not going to work for you. Stop that because you're

entirely wrong. I'm going to share with you a few key points that I want you to focus on that are going to help you jump into real estate investing or if you're already investing in real estate, take the next step. You might be stuck or you might see the market. at a little bit of a stand seal, the reality is that's not happening. So let's jump right in. Number one, understand that real estate has created more millionaires in our lifetime and you can do it too. Needless to say, I did mention earlier that in our lifetime, there are more people walking the earth than there are houses available. Now, we're not creating. any more land. But there are developers out there that are creating more houses. Believe it or not,

you jumping in to one house is not impossible. There are so many available financing options for real estate investors. It just takes a little bit of research and a little bit of understanding. and with the right community and the right team in your pocket, you too can start trekking into becoming a real estate investor and creating financial freedom for yourself. So understand and really grasp that real estate is the final frontier where the average person can actually create financial freedom. Number two, take on this venture with the venture,

While it may be a part-time gig, jumping into real estate investing cautiously and slowly is better than not doing it at all. Even if it means to buy one rental a year or one rental every two years, it is better than doing absolutely nothing. Do not treat this venture lightly. Do not treat it like a hobby. Take it. serious, even if it's one property every two years, treat it like a business and it will pay you like a business. If you treat it like a hobby, it's going to pay you like a hobby. So take it on with a vengeance, be serious about it. Do your research and really, really understand that it can become something as small as one property every year or every couple of years. it can become your retirement vehicle.

Number three, it is never too late to start investing in real estate. Educate yourself. Surround yourself with like-minded individuals, and even if it's an online community or a meet-up group that you talk about real estate and real estate deals or your RIA groups, build a community with like-minded individuals that will support your thought process. Half of this is mindset. Recently, I recorded a podcast about mindset because at the end of the day, if you believe that you can do it, you will be able to do it.

And watch it. Watch one property multiply into several. Now, this is not going to happen overnight. Buy a property and sit on it, whether it's a year or two years. Just sit on that property. And before you know it, the cash flow, the tax deduction, and the benefits that you're getting from this one property will give you the opportunity to launch into a second property and a third and a fifth. So, one property at a time, and it's never too late to get started. All these things may sound difficult to grasp at the beginning, but honestly, it's not

difficult at all. It starts with setting the right expectation and being realistic about what one property is going to do for you. And once that one property multiplies into two or three properties, and I'm talking over time. This is not going to happen overnight, but over five years, it is very realistic for you to pick up at least three properties in five years. Do yourself a favor and just get started. It's easier than you think, and it's certainly easier than it looks, especially if you have the right help. Now, if you need my help or if you need my team's help, don't hesitate to contact us.

You can go on to our website, cash flow savvy.com, download our frustrated investors guide to passive income, and it will show you a step-by-step process of getting started with property number one. Or send me a quick email at Mercedes at Epicrealestate.com, and I will be happy to walk you through the process of getting started with your first property or jumping into a bigger portfolio of larger properties. That's what we're here to do. But mainly, I'm here to get your wheels turning as I share with you every single week. It is absolutely my pleasure to give you tips of how to make this as easy as possible because turnkey invested was created for someone like you, that busy professional that understands the importance of real estate just doesn't have the time

to do all the heavy lifting. That's it for today. If you need any additional information, feel free to reach out to me. But until next week on our next episode of Turnkey Tuesday, where cash flow is key. Do you have doubts about your current plan for retirement actually panning out? Imagine revolutionizing your retirement. plan so it pays you right now and in retirement. Change one thing, one time, and that revolution can be yours. That's bad news for Wall Street, but great news for you.

We're cash flow savvy, and we'd like to offer you free information that will show you how one simple tweak can cause your retirement plan to pay you right now and in retirement, and it's yours for free. For the secret your financial planner doesn't want you to know, go to cashflowsavvy.com. That's cashflow savvy.com. This podcast is a part of the C-suite Radio Network. For more top business podcasts, visit c-sweetradio.com.