The Importance of Having an End Goal

They discuss the significance of having a clear end goal in real estate investing and knowing when to stop. They talk about the addictive nature of real estate and the need to have a plan and permission to move on to other aspects of life. The chapter concludes with a discussion on creating a simple one-page business plan to outline their current position, direction, goals, and next steps in real estate.

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Real estate investing is changing. Builders aren’t building what buyers and renters want, insurance companies are pulling out of top investing states, and property threats are growing increasingly common. This may sound like doom and gloom to you, but in reality, it’s keeping your competition out of the game, and if you use the advice on today’s show, you could build wealth while most cower in fear.

Seeing Greene is back again as David is on to give his time-tested wisdom to every real estate investor on the planet. But he’s got backup. Rob hangs around on this episode, and special guest Dana Bull, the “know when to stop” investor, is here to drop some knowledge bombs. We take viewer questions like whether you should buy one pricey property or a handful of smaller rentals, what to do when a property you’re buying has an illegal ADU (accessory dwelling unit), why insurance companies are leaving states like California, Florida, and Texas, and what’s the BEST property type to buy in today’s market?

Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!

In This Episode We Cover:

The real estate “red pill” you must swallow if you want to become wealthy

Why knowing your “why” is overrated, but having THIS goal isn’t

The three rules of real estate and why you should NEVER skip any of them

Going big vs. small on your first rental property and the “jump-start” plan you’ll need

Illegal additions and ADUs and whether or not a home is worth buying with one

Insurance problems and why policies are being dropped in high-risk states

The one property type you should focus on when buying in 2023

And So Much More!

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