avatar

3033: 6 Tips for Diving into Property Investments by Elizabeth with The Budget Mom

Optimal Finance Daily - Financial Independence and Money Advice
Optimal Finance Daily - Financial Independence and Money Advice
Episode • Feb 8 • 11m

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.

Episode 3033:

Elizabeth from TheBudgetMom.com shares six essential tips for getting started, including assessing your finances, starting with residential properties, and building a strong team of professionals. By staying informed and having a solid strategy, you can navigate the risks and maximize the rewards of property investment.

Read along with the original article(s) here: https://www.thebudgetmom.com/tips-for-getting-started-in-property-investment/

Quotes to ponder:

"You need to take a look at your finances. Make a note of your expenses, income, and even assets so that you know exactly what you have and what changes you need to make to have enough capital."

"One mistake I made with one of my first investments was letting my heart rule my decisions. It turns out; most people want clean and easy."

"Part of being well informed includes staying safe. So this means avoiding pesky get-rich-quick schemes because they usually turn out to be a waste of time and money in the end."

Learn more about your ad choices. Visit megaphone.fm/adchoices

Switch to the Fountain App