In this episode, we discuss the importance of balancing work and play, using 'Settlers of Catan' as a metaphor for real estate investing. The video explores common regrets of those nearing the end of their lives and the necessity of having fun. We delve into the parallels between the strategy of the game and real estate investing, breaking down how different stages of investments mirror the game's resource requirements. Practical investment tips and exit strategies are also provided, along with an action plan to avoid analysis paralysis and encourage finding a mentor.

00:00 Introduction: A Different Kind of Topic

00:07 The Importance of Play

00:44 Settlers of Catan: The Game Everyone Should Know

02:05 Real Estate Investing Lessons from Catan

03:05 Strategic Investing: Planning for the End Game

03:19 Common Pitfalls and Lessons Learned

05:10 Action Plan and Conclusion

To help you get started grab our remote rental ecourse at theWealthElevator.com/firstdeal. The preceding is not tax, legal, or investment advice, nor an offer to sell securities or investment products. Always make informed decisions with professional guidance.

Hosted on Acast. See acast.com/privacy for more information.

In this episode, Lane discusses the importance of subscribing and reviewing the podcast to help it get featured on iTunes. He delves into his personal experience with turnkey property investing, including what turnkey providers do, the pros and cons of working with them, and how to vet potential companies. Lane also covers various methods of acquiring turnkey properties, such as working directly with providers, using marketers, and employing a hybrid approach. Additionally, he answers listener questions about investing strategies, 1031 exchanges, and the viability of REITs and crowdfunding. Tune in for advice and insights on building a profitable real estate portfolio.

00:00 Introduction and Podcast Promotion

00:32 Personal Real Estate Journey

00:49 Understanding Turnkey Investing

01:49 Turnkey Providers: Pros and Cons

04:43 Finding Reliable Turnkey Providers

10:40 Alternative Buying Methods

13:27 Investment Strategies and Tips

17:19 Listener Questions and Advice

21:19 Conclusion and Final Thoughts

To help you get started grab our remote rental ecourse at theWealthElevator.com/firstdeal. The preceding is not tax, legal, or investment advice, nor an offer to sell securities or investment products. Always make informed decisions with professional guidance.

Hosted on Acast. See acast.com/privacy for more information.

In this episode, Lane discusses the importance of subscribing and reviewing the podcast to help it get featured on iTunes. He delves into his personal experience with turnkey property investing, including what turnkey providers do, the pros and cons of working with them, and how to vet potential companies. Lane also covers various methods of acquiring turnkey properties, such as working directly with providers, using marketers, and employing a hybrid approach. Additionally, he answers listener questions about investing strategies, 1031 exchanges, and the viability of REITs and crowdfunding. Tune in for advice and insights on building a profitable real estate portfolio.

00:00 Introduction and Podcast Promotion

00:32 Personal Real Estate Journey

00:49 Understanding Turnkey Investing

01:49 Turnkey Providers: Pros and Cons

04:43 Finding Reliable Turnkey Providers

10:40 Alternative Buying Methods

13:27 Investment Strategies and Tips

17:19 Listener Questions and Advice

To help you get started grab our remote rental ecourse at theWealthElevator.com/firstdeal. The preceding is not tax, legal, or investment advice, nor an offer to sell securities or investment products. Always make informed decisions with professional guidance.

Hosted on Acast. See acast.com/privacy for more information.