Feb 16, 2023
Financial Independence: A Better Perspective is a new podcast hosted by Lance Edwards, bestselling author of “How To Make Big Money in Small Apartments,” and Randy Luebke, Founder of Lifetime Paradigm, Inc., an organization dedicated to helping clients to and through their retirement by fixing broken retirement plans, putting them back on track and making up for both lost time and insufficient savings. In this episode, Lance and Randy talk about a perfect topic for a new year – mindset and what it takes to overcome doubts and procrastination and get started on achieving your long-range goals.
Brief overview of this episode:
We all know the real estate market is changing. In this episode, Lance and Randy share why these changes are creating a fantastic opportunity. However, the current market requires the investor to “be smart.” Learn tactics to “buy smartly” and discover why this is an optimal time to buy small apartments.
Highlights from the interview:
02:09 What does buying “smartly” mean?
04:27 Lance states his exact phrasing to get seller financing in a deal.
06:10 Randy shares his perspective on buying real estate now.
08:25 Lance talks about adjustable-rate mortgages and their impact in today’s market.
09:27 Randy shares two “rules of thumb” when investing in real estate.
10:25 Lance discusses a CBRE chart of home values for the last 60 years and what this report says about buying real estate now.
13:35 Randy and Lance offer their opinions about mortgage rates.
14:45 Lance reveals the fundamentals of buying property smartly.
15:09 Randy and Lance talk about the win-win of seller financing.
18:10 Why buying and selling real estate is not just about price.
20:38 Lance reveals how to create forced appreciation.
Resources:
● Explore www.LanceEdwards.com to learn more about Lance's training and real estate investment opportunities.
● Sign up for Randy's newsletter at www.LifetimeParadigm.com and learn about Randy's services and get his FREE “Financial Independence Toolkit” at www.LifetimeParadigm.com/toolkit
If you want to learn how to earn a high return on real estate investments, go to www.FreeApartmentsBook.com to receive a FREE copy of Lance's best-selling book, “How to Make Big Money in Small Apartments.”