The School of Greatness

Should You Still Be Investing in Real Estate? They Don’t Want You to Know THIS About Buying a House

31 snips
Aug 7, 2024
In this engaging discussion, Glennda Baker, a real estate expert with over 30 years of experience, shares her insights on leveraging property investments to build generational wealth. She stresses the urgency of buying homes even with minimal down payments, warning against being outpaced by institutional buyers. Glennda highlights the importance of patience and avoiding ego-driven decisions in real estate. Through personal anecdotes, she candidly reflects on past mistakes, offering vital lessons for financial success and practical investment strategies.
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ADVICE

First Property

  • Buy a two-bedroom, two-bathroom property as soon as possible, even with minimal down payment.
  • Rent out a room to help cover mortgage costs and build equity.
INSIGHT

Wall Street’s Strategy

  • Wall Street is buying up affordable housing, potentially making homeownership unattainable.
  • They may promote renting while simultaneously controlling the rental market.
ADVICE

Buy Now

  • Buy real estate as soon as possible with minimal down payment.
  • This prevents being priced out by large institutional buyers.
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