Turn $50 into $500,000 – Real Estate for Beginners 2022
In this episode, Tim and Brad discuss what it takes to start investing in real estate, real estate for beginners 2022, and buying your own island among many other real estate projects. Tune in and take notes!
- 00:00 Intro
- 02:00 Liabilities into assets
- 02:51 Check out https://www.legacywealthholdings.com to learn more about what Tim does.
- 07:00 Getting a seat at the table
- 12:00 How deals work and Tim’s first deal
- 18:00 Buying Tim’s first duplex
- 20:00 “There are deals in every market.” – Tim Bratz
- 26:00 How cashflow works
- 30:40 How to add revenue to your real estate
- 35:18 Depreciation
- 40:00 Why experience matters/send the deal if you find one
- 44:40 https://www.littlelegacylibrary.com to educate your kids!
- 47:29 Follow Tim/DM him @timbratz
