One of the questions I often get asked by our blog and video followers is –
“Why can’t I be part of the Mastermind and invest in Real Estate?
It’s a great question, and I understand the frustration.
I love to help people change their thinking about the traditional pathway to success and freedom and investing.
But here’s the issue:
There is a right place and time for everything.
If you dive in before you’re ready, you can do some major damage.
I know a lot of people who I term “accidental landlords.”
They believe they can get rich quick in Real Estate by flipping houses or buying rentals based on what they’ve read, heard, or seen on TV.
Don’t get me wrong, I love Real Estate!
It’s the best place for large or small investors – especially small investors who can’t break into the rigged Wall Street system.
But there are two important components to consider before investing in Real Estate.
You’ve got to have your own business in order before branching out.
If your business is lagging, you should not be investing elsewhere.
Invest in and optimize your business!
The first step to freedom is when you’re able to leverage the business you already have.
The second problem is that market cycles also play a huge role.
We’re coming to the end of a long bull run market now, and what goes up must come down.
There are ways to invest in any market, up or down.
But it takes a skill set, experience, and the capital to do it right.
If you hit a downturn and your business isn’t optimized, what are you going to do?
Your money is of no use to you if it’s tied up in assets outside your practice.
That’s why I set strong criteria for who I let into our Mastermind.
It’s for safety and people’s own good.
But I also want to teach.
I want to give people the financial acumen to think differently than the majority because that’s what makes it happen in life!
Going against the grain and being contrarian with the way you think.
It’s the fastest way to get you from Point A to Point B.
So don’t stop thinking about doing things differently!
Just know there’s a right place, a right time, and a right way to get there.
-David
P.S. Want to see how well you’re doing on retirement planning? Check out our free “Retirement Scorecard” to find out! https://www.freedomfounders.com/scorecard
P.P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think) :
1. Grab the first 3 chapters of my latest book:
“From High Income To High Net Worth – For Dentists.” The Ultimate guide for anyone who desires to build sustainable lifetime passive cash flow and net worth through real estate investment without ever meeting a tenant or fixing a toilet. Visit www.freedomfounders.com/free-book-chapters and start reading.
2. Become an Insider:
If you’re committed to Freedom, but still building a practice, paying down school debt, or growing investment capital, Freedom Insider is your entrance ramp onto the fast track! Visit www.freedomfounders.com/insider and click the big orange “Become An Insider” button!
3. Apply To Visit The Mastermind:
If you’d like to join dozens of dentists, docs, and practice professionals on the fast track to Freedom (5-7 years max), visit www.freedomfounders.com/step-1 to apply for a seat.
4. Want to Move to the Front of the Line? Fast Access Insider Group:
If you’d like to work directly with me and a small group of my closest investment colleagues, with direct access to the dealmakers and asset classes that I invest in, just send a message to my Executive Assistant (Lindsey@FreedomFounders.com), and put “Fast Access” in the subject line. Or, call 888-548-5855 and leave a brief voicemail for Lindsey. Let her know you’re interested in the Fast Access Insider Group – we’ll set up a time to talk, find out about your goals, and see if there is a fit.