There are many types of Real Estate you can invest in, but they are not all created equal. Al Gordon shares several articles covering recent trends and challenges investing in alternative types of real estate like retail, hotel, commercial, etc. and why single family and multifamily homes are the best place to put your money. This global pandemic has highlighted that people don’t necessarily need a place to work, shop, or dine, but they will always need a place to live. We have a win/win synergistic approach to investing in residential income-producing assets, and we will teach you how!
(June 15, 2020) Mail Bag Monday: Del Answers Listeners’ Questions
Despite the short-term challenges from Covid-19, the apartment industry and multifamily properties show fundamental resilience and continue to support healthy growth. Del Walmsley responds to the specific situations of several listeners with advice for what they should do in this modern market. With the chaos around us, have the emotional intelligence to take care of yourself first, so you can be in a position to take care of someone else.
(June 14, 2020) Self Managing vs. Hiring a Property Management Company
One of the biggest questions as a new investor, is should you self-manage your portfolio or hire a professional management company? While Lifestyles is equipped to help you self-manage, there are advantages of partnering with a quality property management company. Here to help you ask the right questions and dispel the myths and fears, Mike Harrison hosts expert Leah S., co-founder of Omni Key Realty, on the show to discuss the details you need to consider, and what operational and economic effects have resulted from Covid-19.
(June 14, 2020) From 20 Years in Oil and Gas, to Real Estate Retired in 2 Years
Andy Webb hosts Robert Hale from San Antonio on the show to share his progression from Lifestyles member to Lead Investor(TM) and Mentor over the last four years, and the steps he took to retire in half that time. Having spent twenty years riding the booms and busts of the Oil and Gas industry, Robert knew something had to change. After attending our Financial Freedom Seminar, he started investing in multifamily communities, reaping rewards, and has now championed two Lead deals to help other investors achieve the same success.
(June 12, 2020) Stop Living a Life of Quiet Desperation
From childhood, we are conditioned to fall in line with socially approved plans for our futures. Al Gordon shares several songs’ lyrics about this aspect of life and going through the motions day after day, getting the same disheartening results, and feeling hopeless that there is no other way. It is not too late to break this vicious cycle; choose to change your life by starting your real estate investing education with Lifestyles today.
(June 12, 2020) Unconventional Wisdom That Will Set You Free – Part 3 of 3
Having discussed the oxymoronic nature of our world and Maslow’s Hierarchy of Needs in Parts I & II of this series, Del Walmsley now concludes with the three levels leading to Financial Freedom. Most of you are stuck working for the man in a Dependent and ineffective “effort to reward” situation. A good number of you are Independently self-employed with the freedom to succeed or fail, which isn’t any easier but it’s a whole lot psychologically better. With Lifestyles, you can achieve Inter-dependency by replacing your earned income with passive cash flow. We’ve been doing it for 30 years and it’s easy, we can give you our map but it’s your choice to open it.
(June 11, 2020) Step Off the Unstable Roller Coaster
Investing in the stock market is very similar to riding a roller coaster. Watching it go up is exciting, but when it falls…it falls sharply, and it may do so at any time without warning. Al Gordon relates this to various investment strategies and the flaws in trying to save your way to retirement. With your livelihood on the line, are you willing to bet everything on the thrilling yet sickening highs and lows? We will teach you 6 different ways for real estate to pay for your retirement, so you can enjoy the ride.
(June 11, 2020) Unconventional Wisdom That Will Set You Free – Part 2 of 3
In this second of a three-part series, Del Walmsley dives deeper into his exploration of how the world is backward and oxymoronic, and the psychological reasons why people make decisions towards obtaining goals that seem rational and logical but are actually counterproductive. Successful people do more effective things and protecting the level you’re currently on is preventing you from climbing higher. To support this, he examines the 5 layers within Maslow’s Hierarchy of Needs, and how as you continue gaining altitude towards the peak of Self Actualization, you will inevitably compromise lower needs to accomplish these higher needs.
(June 10, 2020) The Effective Map to Retirement
Al Gordon speaks with member and real estate attorney Lee R, from Nashville, TN who shares how traditionally saving for retirement was failing him, so he and his wife course-corrected with a more effective map and were both able to completely leave corporate America. With the wrong tools, you will fail and get lost. Get back on track and join us on our road to retirement in 5 years or less.
(June 10, 2020) Unconventional Wisdom That Will Set You Free – Part 1 of 3
Del Walmsley embarks on this first of a three-part series exploring the idea that everything in life is backward, counter-intuitive, and oxymoronic; and how more often than not this leads to people making the wrong decisions. Using the Navy SEAL drownproofing test as an example, most people will kick and swim as hard as they can to break free, which will have a very bad outcome. The secret for survival is to go limp, conserve energy, and wait for the right moment to grab more air. To achieve the success that you seek, stop fighting your environment, and change what you’re doing.