If you want to get started buying real estate and learn lessons to be successful then watch this video. In this video you will learn the most valuable lesson that shaped my financial habits, ways to make side hustle income streams, and how to manage your money. Many of my friends and investors continually ask me how I got started in real estate and how I had enough money saved up to purchase my first investment property ($1,000,000 commercial office building). There’s no secret sauce or easy button here, I’m just like everyone else out there who had to work hard and save money to build up an equity nest egg to buy my first investment property. I didn’t get money from my family or have investors beating down my door to invest. I worked hard and saved my dollars everyday. Having the money saved up to buy your first investment property is important. You also should have a solid personal financial statement with a good credit score to help secure a loan from a bank for your first purchase. If you don’t have experience but can prove you are good at managing your finances it will drastically improve your chances to get approved for a loan.
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Best Financial Lesson You Can Learn
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Key Points From This Episode: Danny’s experiences managing properties and underwriting deals in the post-COVID climate. Challenges Danny had getting the underwriting