The DealMachine Real Estate Investing Podcast

183: How Do You Escape A Job With Golden Handcuffs?

Episode Summary

A new acquaintance asked me at the gym if he could ask me some questions. He said he makes a lot as a software engineer, but he is afraid of getting stuck with golden handcuffs. We discuss how he would escape a job with golden handcuffs thru real estate investing. Key Talking Points of the Episode 00:00 Introduction 01:23 How do short-term leases help us minimize risk? 06:10 What is the best way to generate leads? 07:20 Why is it important to focus on one thing when you’re generating leads? 08:20 How does location impact the performance of a rental property? 11:05 Why is it important to take action to avoid analysis paralysis? 12:10 How should you approach the leads you generate? 15:21 How can you get more comfortable with cold calling? 16:26 What is the best way to market to leads? 17:41 What makes it so difficult to get out of “golden handcuffs”? 21:20 How can you decide the right path for you? Links Instagram: David Lecko https://www.instagram.com/dlecko Instagram: Ryan Haywood https://www.instagram.com/heritage_home_investments Website: Deal Machine https://www.dealmachine.com/pod Website: Heritage Home Investments https://www.heritagehomeinvestments.com/

Episode Notes

A new acquaintance asked me at the gym if he could ask me some questions. He said he makes a lot as a software engineer, but he is afraid of getting stuck with golden handcuffs.

 

We discuss how he would escape a job with golden handcuffs thru real estate investing.

 

Key Talking Points of the Episode

 

00:00 Introduction

01:23 How do short-term leases help us minimize risk?

06:10 What is the best way to generate leads?

07:20 Why is it important to focus on one thing when you’re generating leads?

08:20 How does location impact the performance of a rental property?

11:05 Why is it important to take action to avoid analysis paralysis?

12:10 How should you approach the leads you generate?

15:21 How can you get more comfortable with cold calling?

16:26 What is the best way to market to leads?

17:41 What makes it so difficult to get out of “golden handcuffs”?

21:20 How can you decide the right path for you?

 

Links

 

Instagram: David Lecko

https://www.instagram.com/dlecko

 

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

 

Website: Deal Machine

https://www.dealmachine.com/pod

 

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/