This episode of Investing in Real Estate is part 2 of the Wealth Building Masterclass. In part 2, we’re diving deep into your goals, and how you can best utilize them to build wealth. We’re going to talk about digging into your motivation for building wealth, and how to start setting realistic goals.
I believe that setting goals is an important part of setting goals in any area of life, but especially investing. I hope this episode will help you get started on your personalized path to building wealth. Please join me for part 2 of the Wealth Building Masterclass!
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If you missed part 1, make sure you go back and watch part 1: the key to building wealth. I’ll link it for you here.
I want to make sure that what I’m about to share is helpful, so tell me if you can relate to these…
- You’re an investor — or you want to be an investor — but you’re not sure of your next step.
- The idea of working your W-2 job for years and years to come makes you die a little inside, especially when you’re not even sure you’ll have a comfortable retirement (if you manage to keep your job that long).
- You worry about your children’s future and what you’ll leave behind, or how much you might be missing out on in your own life.
- You already own rental properties in your area, but you’re stressed out because you’re dealing with repairs or tenant issues every week. The properties aren’t delivering the returns you hoped for, and you’re worn out by all the work you’re putting into them but don’t know how to fix the situation…
- Or, you don’t think you have the time to invest in real estate and certainly can’t afford it. The thought of trying to do it all by yourself is overwhelming and you have no idea where you’d even begin.
Have I hit a nerve, yet? Does any of that sound familiar? I’m guessing so, because I’ve heard them all before, and I’m here to tell you that I’ve got a solution. So let’s get started.
Goal Setting Workshop
You might not like this, but we’ve got to do some homework. I warned you that this isn’t a get-rich-quick answer to all your problems, and I’m not about to tell you it’s going to be a walk in the park. You’ve got to be willing to put in the effort and do your part to reach the reward. If you’re not willing to do the work, you should probably walk away now because you’ll find we won’t be a good match. I’m here to help, but I can’t do it for you.
My team and I empower people to move from the status quo to reaching their financial goals by offering exceptional support. But you’ve got to set and work toward your personal goals if you’re going to transform your financial destiny. Setting your goals and taking action toward reaching them is the only way you’ll be able to change your life.
So what are your goals? Why are you here today, watching this masterclass? What’s the real reason you want financial freedom?
Let’s revisit those motivations I mentioned a moment ago…
Do you want to spend more time with your family? Travel the world? Would you like a steady source of cash without trading your time for money? Do you dream of quitting your day job? Retiring while you’re young enough to enjoy your free time?
Maybe you want to unload an existing property and invest in new construction with better returns? Or you want to diversify your investment portfolio because you’re not feeling great about the volatility of the stock market? If that’s the case, you’re in luck because our team has made real estate investing just as easy as buying stock.
Whatever your goals are, write them down. Seriously… grab a piece of paper and write them down right now… There’s power in putting things down in print, so I want you to write down whatever you’re dreaming of when you think of having a steady stream of cash coming in each month.
Taking action, even on the “little” things like this, is going to be an important part of your journey. Hopefully you’ve got at least two or three, but even one will help create the focus we need to get started. So if you haven’t yet, get some goals written down, and I’ll see you in part 3 next week, where we’ll cover your personal financial checklist, and why digging into the numbers is so powerful.
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.
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