Currently , we are in the process of producing our fourth virtual expo for 2020 . We ' re adding new speakers , more topics , plus funfilled twists pushing our creativity and technical skills to new bounds .
Our magazine ' s mission since 2007 has been to freely share proven knowledge to help others begin , grow , and maintain a real estate portfolio .
Many of the articles in this , and other magazines published , have been written by me . I enjoy divulging strategies , investment ideas , and wealthbuilding tidbits gained by personal experience .
It ' s an incredible learning process having been a real estate agent for 16 years , with millions in closed referral transactions , plus handson experience as a landlord for the past 20 years . I certainly do have a lot to share and hope to transform countless more lives !
Through this magazine , over the past 13 years , my team and I have already reached thousands of investors on a personal level . My next goal is even more grand :
To impact MILLIONS of people and give them the financial knowledge to richly transform their lives .
Maybe this crazy time is giving us the tools and path to do just that . For now , our new virtual and viral world has helped us continue to educate investors on a " personal level ", thanks to technology .
Meeting and working with caring professionals committed to helping us reach our investor / readers during the pandemic has been an added bonus .
Isn ' t it wonderful to know that it ' s not all doom and gloom ? Adversity truly does unify .
The power of individuals , united to advance knowledge and access to lifechanging information , is astonishing . It ' s been exhilarating to connect in realtime with our readers ; I look forward to more gettogethers online .
Before I close my message , I ' d like to ask all of us to look beyond ourselves and our households , to extend a helping hand to others in need , especially right now .
Sadly , many businesses , both nationally and locally , have not survived the statewide imposed lockdown . Folks , people are in need right now like never before !
I want to use this amazing platform to urge our readers to find a way to uplift , motivate , inspire , assist , or restore someone else in need today .
For in helping others , we discover our real legacy and wealth .
Stay safe , be blessed ,
Linda Pliagas , Publisher
Image by Gerd Altmann from Pixabay
Perhaps it ' s time to obtain your real estate license to add another dimension to your rehab business , or develop a software that others in the industry can benefit from .
The sky is the limit , really . Just keep aiming for : Residual Income . Residual income and rental income from real estate , is taxed at a lower rate than income that is earned . Therefore , many sophisticated investors I know concentrated on building passive income streams .
How can you add Passive Income Generators ( PIGs ) into your life in the midst of an economic disaster ?
The first step is to analyze the family numbers now as they are . Make a monthly budget , document where every dollar goes : mortgage , utilities , groceries , car payments , gas , home maintenance , property taxes , insurance , medical , education , entertainment , miscellaneous , and savings . Shockingly , most people have absolutely no idea where their money goes every month !
Before more abundance can enter a person ' s life , they need to be worthy of managing what is already under their direction . Take a look at the numbers constantly .
Now is the time to cut all unnecessary expenses . Make sure to eliminate waste , discover ways to invest with a goal of adding more MSI ' s into your life ( Multiple Streams of Income ). Get into the habit of analyzing your monthly budget , trim expenses , invest diligently , always planning and seeking opportunities .
With real estate , figure out what is best for your family : Should you rehab and sell for profit ? Buy and hold properties longterm ? Perhaps invest or start a syndication ? Maybe you prefer to keep it basic and wholesale properties ? How about buying notes or investing in trust deeds ? Let ' s not forget tax sales , selfstorage , and the other niches that always lead to riches .
Fortunes will be made once the dust of uncertainty settles , prepare for it .
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