🌟 10 Essential Real Estate Tips from a Decade of Investing! 🌟

Welcome to the Ekabo Home Financial Freedom Mastermind Podcast! In this episode, host Niyi Adewole shares valuable lessons learned over 10 years of real estate investing. Join us for an insightful discussion filled with practical tips and strategies that can help you navigate your own real estate journey!

🔥 The Quote of the Day:
""More money, more problems, so bring on the problems."

- Justin Parham

🔥Acknowledging that challenges will arise, but they are part of the journey. Embracing difficulties can lead to growth and learning opportunities.

🎙️ What You'll Learn:

Top 10 Real Estate Tips:

1. Location, Location, Location: Understand the critical importance of property location and avoid the pitfalls of investing in less desirable neighborhoods.
2. Don’t Fall in Love with the Property: Keep emotions in check until you have a property under contract to avoid fudging the numbers.
3. Buy with Long-Term in Mind: Only purchase properties that you plan to hold for at least five years to maximize your investment.
4. Focus on One Deal at a Time: Avoid overwhelm by concentrating on securing one property before moving on to the next.
5. Treat Relationships Like Gold: Build and maintain strong relationships with lenders, contractors, and fellow investors for long-term success.
6. Join a Community: Engage with other investors for support and shared experiences to help you through challenges.
7. Have All Discussions Up Front: Clear communication with partners about expectations can prevent misunderstandings down the road.
8. Expect Stabilization Challenges: Be prepared for unexpected issues during the stabilization period of a property.
9. Maintain a Strong Why: Keep your motivation at the forefront to help you stay focused during tough times.
10. Celebrate Small Wins: Acknowledge and celebrate your progress to stay motivated and inspired along your journey.

💰Wisdom Nuggets from Justin's Journey in Real Estate!

1. "If y'all don't take anything away from this call, make sure you put some money away while you're making this money, because you gonna need it at some point."
   
   Emphasizing the importance of saving and having reserves. In real estate, unexpected expenses can arise, and having financial reserves can prevent panic during tough times.
   
   
2. "I like to have someone who's doing what I aspire to do, I like to have someone that's operating on the same level as me, and then someone that I'm pulling along."
   
   Highlighting the value of having a diverse support network. Surrounding yourself with mentors, peers, and those you can mentor creates a balanced ecosystem of growth and support.
   
   
3. "You have to have a little bit of fun when you're doing this. It can't be all work, work, work, work, work, because that's just not how we're wired."
   
   Stressing the need for

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Our Links

➣ Financial Freedom Mastermind Facebook Group - https://www.facebook.com/groups/53083...

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Niyi Adewole is a licensed realtor in Georgia, brokered by EXP Realty. Feel free to reach out at Niyi.Adewole@exprealty.com if you would like to work with an investor friendly real estate agent.