2000: [Part 2] 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

🗓️ 19 August 2022

⏱️ 12 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 2 of 2. Episode 2000: [Part 2] 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 2000.
0:04.3	Why you should invest in real estate, Part 2, by ESI of ESIMoney.com.
0:10.6	And I'm your host and personal finance enthusiast, Diana Mariam.
0:15.1	Welcome to Episode 2000.
0:17.8	This marks six and a half years of this podcast and quickly approaching two years of me hosting
0:23.4	the show.
0:24.4	It's been an amazing journey and this is a great time to thank you for coming along
0:29.0	for the ride.
0:30.4	I always appreciate your kind words and sharing the show with others.
0:35.0	It's thanks to you that we've been able to hit this milestone.
0:39.0	Today's post is a continuation from yesterday.
0:42.0	So if you're new here, I'd recommend listening to yesterday's episode first.
0:46.7	But if you're all caught up, let's hear Part 2 and continue optimizing your life.
0:55.9	Why you should invest in real estate, Part 2, by ESI of ESIMoney.com.
1:03.4	How real estate allowed me to retire at 52?
1:07.6	Before we get into why I like real estate, let's take a quick look at my background for
1:12.5	perspective.
1:13.8	I bought my three places, 14 total units, shortly after the housing collapse.
1:19.5	I paid with cash.
1:21.0	This allowed me to negotiate lower prices plus beat out other potential buyers who needed
1:26.0	to get financing.
1:27.7	I hired a contractor and as units came up for renewal, we remodeled them, making them
	...

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