Selling Homes Won’t Make You Wealthy (But Combining It with Investing Will)
Agent Investor Podcast - A podcast by Tom Cafarella - Real Estate Investor & Coach - Joi
Selling real estate offers a ton of advantages and opportunities for people who want to make a good living, but it alone will never make you wealthy. Even if you sell hundreds of homes and become a top producer, purely working as an agent will never lead to financial freedom - it will keep you on the real estate rollercoaster. It’s virtually impossible for most agents to earn enough to cover their bills and have excess cash to pour into wealth-building activities. The only way to build real wealth is to simultaneously sell homes and invest in them (an opportunity agents are in the perfect position to take advantage of). We come across great deals without even trying, and even snapping up a tiny fraction of them will put us on a path to passive income. How do you become wealthy without putting in more time, effort and energy into real estate? Why do you need both sales and investing to boost your net worth? In this episode, I share the only model that will allow real estate agents to become wealthy, and how easy it is to make it a reality. Things You’ll Learn In This Episode Great opportunities by accident Real estate agents come across great deals without even trying. How do we use this to our advantage? Don’t quit your day job Your real estate sales business is the thing that will feed your investing business. Why do you still need income from selling homes if you want to escape the real estate rollercoaster? Put math in your favor Investing in residential real estate makes it very possible to earn a minimum of $5k in passive income a month. How do you start this process without working any harder? About Your Host Tom Cafarella is a real estate investor, agent, coach and entrepreneur who helps real estate agents achieve financial freedom through investing. Agent Investor is the only brand that helps real agents get off the real estate roller coaster and start building wealth by investing in real estate. Check out this episode on Apple Podcasts, or Spotify, and don't forget to leave a review if you like what you heard. Your review feeds the algorithm so our show reaches more people. Thank you!