Passive Real Estate Investing

TBT: Ask Marco – Ready But Slightly Hesitant to Invest

Jan 30, 2025

Feeling hesitant about diving into real estate investing? Don’t worry! Learn how to overcome your doubts and take that leap with confidence. Discover the ins and outs of turnkey properties, tax benefits like 1031 exchanges, and the simplicity of setting up an LLC. Gain insights on building a reliable team and the importance of continuous education. Remember, every journey begins with a first step, and there’s plenty of support available to guide you!

13:47

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Quick takeaways

Breaking down the investment journey into smaller, manageable tasks can significantly boost confidence and encourage action in real estate investing.

Building a trusted network of professionals is essential for navigating real estate investments effectively, ensuring informed decision-making and support.

Deep dives

Taking Action in Real Estate Investing

Taking the first step toward real estate investing can be the hardest part for many. It is essential to break down the larger task into smaller, manageable steps, which can help build confidence and momentum. By starting with easy tasks, such as jotting down ideas or conducting preliminary research, individuals can gradually become more comfortable with the process. This approach, referring to the adage 'how do you eat an elephant? One bite at a time,' underscores the importance of initial small steps leading to more significant progress.

Intro

2min

Overcoming Hesitation in Real Estate Investment

4min

Navigating Rental Property Tax Strategies and Wealth Building

2min

Simplifying LLC Setup and Trust in Investment Advice

4min

Encouragement to Take the First Step in Real Estate Investing

3min

Are you ready to invest in real estate but feeling a little hesitant? In today’s episode, I’m answering a question from Phil, who’s got big plans to earn passive income through real estate but is struggling with the leap from knowledge to action. From cash-out refinances to LLCs, and even turnkey property providers, we’ll break down the steps and help you navigate the hesitation. Tune in to hear advice on taking that first step with confidence!

Throwback Thursday Episode (The episode originally took place in the year 2020)

Click Here for the Show Notes

If you missed our last episode, be sure to listen to TBT: Ask Marco – Getting Clear on Investment Goals

Download your FREE copy of: The Ultimate Guide to Passive Real Estate Investing.

See our available Turnkey Cash-Flow Rental Properties.

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