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Real Estate Training & Coaching School

Podcast: How to Get Rich and STAY Rich

Real Estate Training & Coaching School

Real Estate Training & Coaching School

Business, Careers

4.7669 Ratings

🗓️ 14 June 2019

⏱️ 33 minutes

🧾️ Download transcript

Summary

It’s not about each commission check. It’s about what you DO with each check that matters. As long as you're working for your money, you're always at risk of losing it when the market changes. You need to invest & save wisely, and pick business strategies that help your money work for you, so that your riches can grow into true, life-changing wealth! Schedule A Free Coaching CallVisit Tim & Julie Harris OnlineListen on iTunesListen on Stitcher

Transcript

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0:00.0

Welcome to Real Estate Coaching Radio, starring award-winning real estate coaches and number one international bestselling authors, Tim and Julie Harris.

0:20.2

Real Estate Coaching Radio is the nation's number one daily radio show for realtors

0:24.9

who demand authentic real-time coaching.

0:28.1

Get ready for fluff-free, unfiltered, full-strength honesty about what's truly working

0:33.0

to get you into action, helping others, and making money now in today's real estate market.

0:38.8

Now to our hosts, Tim and Julie Harris.

0:44.7

So we're going to have a really fun topic today.

0:47.0

And this is a topic that comes a lot from you guys.

0:50.7

So sometimes we'll get emails and questions and whatnot.

1:11.6

And the questions will be from someone who's on the other side of the bridge. So they've been listening to us for a while. Maybe they've been, you know, they've been working hard doing what they didn't want to do when they didn't want to do it for a long period of time. And now they have accumulated assets. They may have passive income enough to make it so they are, by our definition,

1:15.3

rich where their money works for them and no longer work for their money. And it's fascinating.

1:19.7

When you have coaching calls with folks like that who have assets, who have maybe the own two or three businesses, or most likely they have two or three different sources, sometimes

1:23.9

more of income. Maybe it's their real estate practice. It's almost always rental

1:27.9

properties. And then they'll have some other investments that over time have proven to be,

1:31.9

you know, we have somebody invests in coin up car washes. Julie has a client who basically

1:35.7

invests in farms. I have somebody who invests in just different things. And, you know, as you guys

1:41.9

accumulate more, you'll create more passive income for

1:44.8

yourselves. And that only comes from at the end of the day, long periods of time of doing what you

1:48.9

don't want to do and you don't want to do at the highest level. In real estate, frankly, is I can't

1:53.2

think of a better vehicle for you to create enough profit that you can have enough money to

1:58.9

invest in things that will produce passive income for you.

2:01.2

But the question that these folks bring with them, and sometimes they don't verbalize the

...

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