Real estate investing isn’t just a wealth building vehicle for people who choose to pursue it full time – it’s also the perfect path to passive income for those working a 9-5 job.
It’s a chance to explore your entrepreneurial style, benefit from the real estate market, and put your unique skills and abilities to good use.
Even though investing while you have a full-time job requires a different focus, if you’re smart and strategic, you still can gain access to capital and great deals.
What holds most people back from pursuing investing, even as a side hustle, is feeling like they don’t have the money, but money isn’t the issue – mindset is.
What is a USDA home loan, and how did my guest today use it to springboard his investing business? What are the most important decisions we have to make if we want our investing operation to succeed?
In this episode, entrepreneur, active real estate investor, and host of the podcast, Start FM, Chad Duval shares how he started investing, and how to use real estate as a launching pad for entrepreneurship.
Watch the Full Episode:
Every single person who is looking to get into real estate investing has some sort of competitive advantage. Use your unique abilities to form a plan.
– Chad Duval
Things You’ll Learn In This Episode
The easiest way to start your investing
Househacking is the perfect way for beginners to start dabbling in investing. With this strategy, you would buy a house, and live in it, while also renting out. If you do it properly, your renter will pay the majority of your mortgage payment, and zero cost your biggest expense.
How to balance your job with being an investor
Managing multiple properties on your own is often difficult and time consuming. It is especially important for 9-5 workers to work with a property management company if they intend to own multiple locations.
How to keep property managers honest
Good property managers are hard to find, and even the most experienced and successful investors have a hard time hiring people they can trust. Getting a property manager doesn’t mean you should take a step back, you still have to do your due diligence and actively track everything they are doing.
Why money shouldn’t hold you back from investing
Money isn’t the only thing that makes you a great candidate for investing. There are many other valuable skills, insights and resources that can be an advantage. The advantages include a network of knowledgeable people, or skills in a specific trade.
Guest Bio-
Chad Duval is an entrepreneur, active real estate investor, business owner and host of the podcast, Start FM.
For more information visit http://chadduval.com, and follow @iamchadduval on Instagram.
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FREE LIVE Event – Learn everything about how money works in real estate in this content-packed 2 hour session! Click here to reserve your tickets: https://moneyschoolrei.com/freeevent
Get Your FREE Copy Of The Private Money Guide: https://moneyschoolrei.com/book
Learn more about The Wealth-Generating Secrets Of The Rich, visit http://moneyschoolrei.com/masterclass.
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