• Midlife: It's Not Too Late To Become A Real Estate Investor

  • Apr 23 2024
  • Durée : 1 h
  • Podcast

Midlife: It's Not Too Late To Become A Real Estate Investor

  • Résumé

  • In this episode I talk to Jean Marshburn, another stay-at-home mom, turned realtor and real estate investor. Jean is also one of many real estate investors in our group called Powerhouse at eXp Realty, LLC. Here are some takeaways from this episode:

    1) It's not too late to become a real estate investor, even in midlife. In fact, it may be the solution to make up for lost time if you're feeling a bit behind financially.
    2) The equity in your home can be accessed to make you money. Using it to build an ADU (Accessory Dwelling Unit) caan brin in several thousands of dollars monthly and it adds value to your property
    3) It pays to do your research. It's what bulds confidence to help you move forward and become a real estate investor.
    4) Airbnb earnings are typically at least double tht of long-term rentls. LTR can always be your 'plan B' if Short-term rental doesn't work out.
    5) If you play your cards righ, adding a unit to your existing property can be the ticket to living mortgage-free.
    6) Overthinking can keep you from getting started. Moving past that and taking action are the keys to success.
    7) When you understand the numbers and how to leverge the equity in your home, you can start to play with possibilities in the realm of real estte investing.

    If you'd like to know more about Jean's Real Estate journey, you can reach her at jean.marshburn@exprealty.com or on IG @jeansellsportland

    If you'd like more info. on becoming a real estate investor, you can reach your host, Ann Reed at ann.reed@exprealty.com, or follow along on IG @annreedandco

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