4.8 • 953 Ratings
🗓️ 13 December 2024
⏱️ 23 minutes
🔗️ Recording | iTunes | RSS
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0:00.0 | Welcome to passive real estate investing, the show where busy people like you learn how to build |
0:05.7 | substantial passive income while creating wealth for the long term. And now, here's your host, Marco |
0:11.7 | Santorelli. Hello, my friends. Welcome back to passive real estate investing, where we dive into |
0:17.6 | the world of real estate investing, among other related topics, to help you |
0:21.0 | with your real estate investing journey. Today, we're doing something a little different. |
0:26.1 | We're going to take a trip down memory lane and showcase an important episode from the past |
0:30.8 | on what we call our Throwback Thursday episode. Now, whether you've been with us since the beginning, |
0:36.5 | which goes back to 2015, |
0:38.7 | or you're tuning in for the first time, this episode is a must listen. We are revisiting one of |
0:45.1 | our more popular episodes from the past. And believe me, what we discussed back then, |
0:50.4 | whether it's six months ago or six years ago, is just as relevant today. So sit back, relax, |
0:57.0 | and let's rewind the clock for this great episode. Enjoy. Today's episode, we're going to talk a |
1:02.7 | little bit about choosing the best markets for your real estate investment. You see, my sixth rule |
1:08.3 | of successful real estate investing is to take a top-down approach. |
1:12.6 | And what that simply means is that you start by selecting the best markets that align with your |
1:17.4 | investment goals. |
1:18.6 | It's a mistake when investors focus solely on the property and pay no attention or regard to the |
1:24.3 | market or the neighborhood that it's in. |
1:26.2 | You see, the property cannot be moved. |
1:28.3 | It's rooted within a neighborhood and within a market. So if you have problems within an area |
1:34.6 | or declining population, declining job growth, all that kind of stuff, it will ultimately |
1:41.4 | affect your property, your rents, your tenants, the longevity. So the best |
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