Forever Home and Dream Home Are Absolutely Obnoxious | Mentoring Eric – The Small Business Owner

Today I’m joined by Eric, small business owner near Palm Springs, FL, for his first recorded mentoring session. Eric has never purchased a house but is anxious to get into REI so he can pursue more time being a missionary with his church and other organizations he is involved.

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Key Takeaways:

Rich Dad Poor Dad is foundational, required read.
Real Estate puts a positive mark in your asset column that helps with tax liability.
The phrases Forever Home & Dream Home are absolutely obnoxious.
Goals change as you progress through chapters in your life.
Eric walks a duplex with an inexperienced Realtor.
Eric looks for partners for a down payment.

Episode Affiliate:

Passive Real Estate Investor Academy

Links mentioned in this episode:

Author: W2 Capitalist

I have built this community to connect motivated and ambitious W2 employees who have a successful and fulfilling job but want to build wealth for their family through real estate investing. What makes me the expert? Depends. I’m not the expert to everyone, but I am the expert if you’re behind me on this journey. I’ve been climbing the corporate ladder since 2001 and started actively investing in real estate in 2014. I currently hold a portfolio of 323 units, including single family residences, small multi-family residences and apartment syndications. Since my wife and I started investing, we have grown our net worth 10x and increased our annual income by 60% with these rental properties. View all posts by W2 Capitalist