1999: [Part 1] Why You Should Invest in Real Estate by ESI

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 18 August 2022

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

ESI of ESI Money talks about why you should invest in real estate. This is part 1 of 2. Episode 1999: [Part 1] Why You Should Invest in Real Estate by ESI ESI Money is written by "ESI", a 50-something retiree. The site is basically a list of what's allowed him to become financially independent and how you can implement those successes in your life. His philosophy is simple and focuses on doing three simple things to achieve financial independence: earn, save, invest. There's a bit more to it than that, of course, but if you can concentrate on these three areas, they will get you at least 90% of the way there. The original post is located here: https://esimoney.com/why-you-should-invest-in-real-estate/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Finance Daily, episode 1999, why you should invest in Real Estate, Part
0:06.9	1, by ESI of ESIMoney.com, and I'm your host and personal finance enthusiast, Diana
0:13.8	Mariam.
0:15.0	This is the show where I serenade you with the sweet sounds of personal finance knowledge
0:19.9	from some of the best blogs on the planet, with the author's permission of course.
0:24.9	And I have a bit of a longer post today.
0:27.2	I'll read the first half today and then finish the rest for you tomorrow.
0:31.4	So let's dive into the first half and start optimizing your life.
0:39.1	Why you should invest in Real Estate, Part 1, by ESI of ESIMoney.com.
0:46.3	I've been meaning to do a real estate post for some time now.
0:49.8	I'm finally getting to it with this one.
0:52.7	In my walks around the neighborhood, I've been listening to the ABCs of real estate investing,
0:57.8	the secrets of finding hidden profits most investors miss, and I'm really enjoying it.
1:04.4	The book is a good, solid primer on real estate investing, and I wish I had read it before I got
1:10.0	involved in real estate. Anyway, listening to it has got my real estate juices flowing again,
1:16.6	and thus I had to post on the subject.
1:19.7	Many of you know my real estate background, but just to be sure everyone's up to speed,
1:24.5	here's a quick review. FYI, there are even more details later on in this post.
1:30.6	In 2011 or 2012, I can't recall when I first started thinking about real estate as an investment
1:36.3	option. I began putting together what would ultimately be my real estate investing objectives.
1:42.9	Not too much later, I found a mentor who showed me the ropes and we began buying properties.
1:48.4	He was my agent. I purchased places in 2012 and 2013 and ended up with three properties,
	...

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