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Episode 3033:
Elizabeth from TheBudgetMom.com shares six essential tips for getting started, including assessing your finances, starting with residential properties, and building a strong team of professionals. By staying informed and having a solid strategy, you can navigate the risks and maximize the rewards of property investment.
Read along with the original article(s) here: https://www.thebudgetmom.com/tips-for-getting-started-in-property-investment/
Quotes to ponder:
"You need to take a look at your finances. Make a note of your expenses, income, and even assets so that you know exactly what you have and what changes you need to make to have enough capital."
"One mistake I made with one of my first investments was letting my heart rule my decisions. It turns out; most people want clean and easy."
"Part of being well informed includes staying safe. So this means avoiding pesky get-rich-quick schemes because they usually turn out to be a waste of time and money in the end."
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