Ask Marco - 6 Tips for New Real Estate Investors | PREI 258
Passive Real Estate Investing
Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.
4.6 • 968 Ratings
🗓️ 1 July 2020
⏱️ 11 minutes
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| 0:00.0 | Welcome to passive real estate investing the show where busy people like you |
| 0:04.7 | learn how to build substantial passive income while creating wealth for the |
| 0:08.6 | long term and now here's your host Marco Santorelli. |
| 0:12.3 | Hello my friends and welcome to another Now here's your host, Marco Santarelli. |
| 0:13.2 | Hello, my friends, and welcome to another episode of Ask Marco, |
| 0:16.2 | where I answer your investing related questions. |
| 0:19.1 | If you are new to this podcast, |
| 0:20.9 | remember to click that subscribe button, so you never miss another episode of this great show. |
| 0:26.4 | I want to teach you how to create wealth and passive income with real estate so you can achieve |
| 0:31.0 | financial freedom. That is the ultimate goal because that leads to time |
| 0:36.3 | freedom. So I guess you could say time freedom is the ultimate goal. It's not about the money |
| 0:41.3 | and it's not so much about having all the money in the world and being rich or wealthy |
| 0:45.9 | It's really just to live life on your terms and enjoy it with your friends and your family and be able to do what you want to do with it |
| 0:51.8 | Which is a good segue in today's question, which comes in from Lucy, and Lucy says, |
| 0:56.2 | Hi Marco, I'm a 30-year-old woman living in Buffalo, New York looking to purchase my first |
| 1:00.8 | rental property next year. I'm having a hard time understanding the real estate |
| 1:04.8 | lingo and therefore get discouraged from pursuing this venture. I think Lucy we all have this problem |
| 1:11.4 | even with more experience under our belt. |
| 1:15.0 | You're always learning in this industry. There's things that are going to come across |
| 1:18.0 | that are just new and you have to look it up, |
| 1:21.0 | whether it be something related to cost segregation or a negative |
| 1:26.2 | amortization loan. I mean, these are things that you don't normally hear day-to-day. Anyway, you go on in your email to say, which educational resources would you recommend, besides your very helpful podcast, that can break down the real estate buying process in layman's terms. |
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