Podchaser Logo
Home
Episode 007: The Investor Mindset

Episode 007: The Investor Mindset

Released Tuesday, 26th January 2021
Good episode? Give it some love!
Episode 007: The Investor Mindset

Episode 007: The Investor Mindset

Episode 007: The Investor Mindset

Episode 007: The Investor Mindset

Tuesday, 26th January 2021
Good episode? Give it some love!
Rate Episode

Real Estate is the best way for the average person to build personal wealth and in today’s market having an Investor Mindset is what’s going to get you to that goal. No matter if a client is looking to be a first-time homeowner or looking to move out of their current home, having this mindset can help get the most out of their investment. The idea of converting a home to a rental can seem like a big responsibility, and for that reason people will rule it out as a possibility. Like any risk, if it’s well managed and planned it can be a solid family investment.Here are a few things to consider getting yourself into the Investor Mindset:When buying a house always keep open the possibility for rental investment in the future. Whether or not a new home is eventually turned into a rental, keeping future investment in mind can get a jump on things from day one. Understanding what your buy box is (does the property have a pool, HOA, what is the state of the roof, etc.) can make the investment lucrative in the future.Be prepared to make it a Long-Term investment. Making improvements to the property can increase value while decreasing long-term liability (invest in tile floors, granite countertops, etc. to keep the property as tenant proof as possible).Use all the tools available to make the investment worth it. Property management companies can keep things professional between the homeowners and tenants, benefiting both parties and saving on having to make those highly emotional decisions.Buying a home can be one of the biggest investments that a person or a family will make. Getting into the investor mindset can help make the most out of that investment not only to secure a place to live, but a future for your family.“Anybody that owns a rental property, or owner occupied, with the rates right now, the interest rate in that mortgage alone is worth its weight in gold.” – Steve“My dad used to always say that we're in the people business, not in the housing business.” – Steve“Instead of thinking about it as buying it as your house or your home, think about it as an investment.” – BernieRemember to subscribe and leave a 5-star rating, as well as a review if you’d like us to talk about a subject or if you just want to let us know how much you like the podcast!Follow us on social media!Steve Valentine:  https://www.instagram.com/stevedvalentine/ Bernie Espinosa: https://www.instagram.com/bernzpix/

Show More

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features