Welcome back to episode #293! Today we're going to talk about adding an investment property as a stream of income for you and your family. I'm going to share how I got started with zero experience, the types of properties we have, residential versus commercial properties and everything you need to know to get started today!
“It’s scary because of the incredible people in the room…” At minute 3:06, I’m giving you a quick recap of my week filled with a mastermind and my own group coaching program Propel retreat. Hear something crazy that happened to me this past weekend where I lost my voice.
“They have this fear their businesses could go away tomorrow…” At 7:00 I’m sharing the one thing I’ve noticed a lot of my friends have in common. Rumors? A change in the way Facebook ads are working? I’m going to talk about how to protect yourself from this situation from happening. I’m telling you why you shouldn’t put everything in one place in case something happens.
“That knowledge, is power…” At minute 11:44, I share the story of having a vision of building a 2nd commercial location. She flat out told me exactly what I needed. It almost feels like cheating. What she told me was gold! I want to be your guide today to just sit and listen and know that by the end of this, you might have another revenue stream opportunity plus hear how I got started in the real estate field.
“My opinion drastically changed about 6 years ago…” At 18:08 I’m sharing what I learned about the difference between a weekly vacation rental and year long lease. You’ll want to hear the story I tell about a crazy tenant we dealt with for a whole year and the reasons why I like week rentals over having a tenant.
“There are some things I have my own idea of what’s the best decision for me...” At minute 29:31 I quickly touch on Commercial properties. I’m telling you the 3 steps you need to know to get started today!
I hope I got some of you thinking! If you like this podcast since it’s not the norm for me, please send me a DM or tag me on Instagram, @stacytuschl and let me know your thoughts.