283: Real Estate Investing Fail

FromMillennial Money Minutes | Personal Finance in 5 Minutes

Start listening View podcast show

283: Real Estate Investing Fail

FromMillennial Money Minutes | Personal Finance in 5 Minutes

ratings:

Length:

7 minutes

Released:

Jun 27, 2018

Format:

Podcast episode

Description

Grant is moving to New York City and made a big mistake with his real estate investment. We chat about when investing in real estate is and isn't a good idea, as well as some of the risks.

Released:

Jun 27, 2018

Format:

Podcast episode

Titles in the series (100)

Millennial Money Minutes distills tough personal finance topics in 5 minutes or less. Hosted by Grant Sabatier @MillennialMoney and Matt Zubricki @DistilledDollar

Skip carousel

22: The Millionaire Next Door: New Series: Best Personal Finance Books in 5 minutes or less. First up The Millionaire Next Door by Thomas Stanley. by Millennial Money Minutes | Personal Finance in 5 Minutes
5 min listen
6: Should I Invest in a 401K or IRA?: We discuss the first two steps we would take if we started off investing from scratch. Should I invest in my 401k or IRA will not be complicated anymore. by Millennial Money Minutes | Personal Finance in 5 Minutes
4 min listen
5: Is A Car Worth It?: From insurance hacks to rideshare programs to moving within walking distance to work, we discuss uncommon strategies to reduce the cost of car ownership. by Millennial Money Minutes | Personal Finance in 5 Minutes
5 min listen
3: Automated Savings: Strategies we utilize for automated savings. We would agree that spending is what is left after saving, not saving is what is left after spending. by Millennial Money Minutes | Personal Finance in 5 Minutes
4 min listen
13: The Power of Habits: Learn how habits are the key to building wealth and achieving financial independence. by Millennial Money Minutes | Personal Finance in 5 Minutes
5 min listen
4: Active vs. Passive Funds: Based on the investment strategy, it can make sense to use passive funds. Other times active funds make more sense. Here’s our take on Active vs. Passive funds. by Millennial Money Minutes | Personal Finance in 5 Minutes
4 min listen
28: Day Trading Sucks: Learn why day trading sucks (for most investors). by Millennial Money Minutes | Personal Finance in 5 Minutes
4 min listen
14: One Month Podcast Update: Thank you for over 4,000+ Millennial Money Minutes downloads in the first month! We appreciate all the love. Please leave a review and subscribe if you enjoy the podcast. by Millennial Money Minutes | Personal Finance in 5 Minutes
3 min listen
10: How To Save Money: The biggest way to capitalize on savings is by tackling the largest expenses first. We share our two biggest life hacks on How to Save Money. by Millennial Money Minutes | Personal Finance in 5 Minutes
3 min listen
12: Millennial Retirement: Learn how Millennials are redefining what retirement means and taking control of their futures. by Millennial Money Minutes | Personal Finance in 5 Minutes
5 min listen
9: Index Funds: Index Funds offer us a low cost entry point into buying a slice of the entire economy. See how the vast majority of active funds fall short of market returns. by Millennial Money Minutes | Personal Finance in 5 Minutes
4 min listen
61: Interview: J. Money @BudgetsAreSexy: We chat with the one and only J. Money for our first extended interview. J. Money is one of the world's top personal finance bloggers and has been writing about money for 9 years at BudgetsAreSexy.com and RockstarFinance. It's was a true honor and an awe... by Millennial Money Minutes | Personal Finance in 5 Minutes
28 min listen
11: Rent vs. Buy: Learn two perspectives on whether you should rent or buy a home depending on where you are in your financial life. by Millennial Money Minutes | Personal Finance in 5 Minutes
5 min listen
7: Saving vs. Spending: Whether you're saving 0% or 60%, like Matt, the line between saving and spending is a difficult one to walk. Joys of life, such as travel, is money well spent. by Millennial Money Minutes | Personal Finance in 5 Minutes
5 min listen
38: Interview: Chris @KeepThrifty: We chat living experiments and finance spreadsheets with Chris from KeepThrify.com. by Millennial Money Minutes | Personal Finance in 5 Minutes
6 min listen
2: Budgets Suck: After our experience of budgeting we share when they’re useful and necessary. We also share why we think budgets suck and why we don’t use them today. by Millennial Money Minutes | Personal Finance in 5 Minutes
4 min listen
1: Introduction to Millennial Money Minutes: Our introduction to Millennial Money Minutes includes our backgrounds and our goal of the podcast to distill down personal finance topics in 5 minutes or less. by Millennial Money Minutes | Personal Finance in 5 Minutes
5 min listen
24: Credits Cards: We share very different perspectives on credit cards and a bit of travel hacking. by Millennial Money Minutes | Personal Finance in 5 Minutes
5 min listen
19: Rethinking Emergency Funds: Do you really need an Emergency Fund? We explain when you do/don't need an Emergency Fund and why investing it might make more sense. by Millennial Money Minutes | Personal Finance in 5 Minutes
5 min listen
16: Paradox of Frugality: In this episode we explain two frugality paradoxes - moral liscensing and lifestyle inflation. by Millennial Money Minutes | Personal Finance in 5 Minutes
5 min listen
30: Grant in The Hot Seat: Matt interviews Grant @MillennialMoney. by Millennial Money Minutes | Personal Finance in 5 Minutes
6 min listen
33: Time Value of Money: Invested money is worth significantly more in 5, 10, 20+ years than the same money today. But we naturally aren't wired to think about future value, so we have to work harder to build the habit. Learn how you can leverage the time value of money. by Millennial Money Minutes | Personal Finance in 5 Minutes
5 min listen
36: Interview: Kevin @FinancialPanthe: We interview Kevin aka the Financial Panther, a side-hustling lawyer who paid off $87,000 in student loans, and has the best company retirement benefits ever. by Millennial Money Minutes | Personal Finance in 5 Minutes
6 min listen
8: Roth vs. Traditional IRA: From Backdoor Roth contributions to IRA Conversion Ladders, we tackle the Roth vs. Traditional IRA topic from start to finish. See which is better for you. by Millennial Money Minutes | Personal Finance in 5 Minutes
6 min listen
17: Money Goals: Learn about two of our primary money goals. Matt hits a zero net-worth and Grant returns to frugality. by Millennial Money Minutes | Personal Finance in 5 Minutes
4 min listen
21: When Do You Need Insurance: Insurance can be expensive and sometimes not worth it. Learn when insurance is a great investment. by Millennial Money Minutes | Personal Finance in 5 Minutes
5 min listen
23: Maximize Your Value: Learn How to Maximize Your Value and Make More Money. It's easier than you think. by Millennial Money Minutes | Personal Finance in 5 Minutes
5 min listen
42: Best Online Savings Tools: Saving money > not saving money. We share our favorite online savings tools, including Amazon subscribe & save, Wikibuy, and others! by Millennial Money Minutes | Personal Finance in 5 Minutes
6 min listen
20: Frugal vs. Cheap: There's a big difference between frugal and cheap. In this episode learn the pros/cons of each. by Millennial Money Minutes | Personal Finance in 5 Minutes
4 min listen
26: Minimalism: We explore minimalism and living with less. by Millennial Money Minutes | Personal Finance in 5 Minutes
4 min listen

More Episodes from Millennial Money Minutes | Personal Finance in 5 Minutes

Skip carousel

282: What's the Goal?: In this episode we talk about money, success, and what it all means. by Millennial Money Minutes | Personal Finance in 5 Minutes
8 min listen
281: Homeownership w/ Fannie Mae: Learn how you can buy a home with as little as a 3% down payment. by Millennial Money Minutes | Personal Finance in 5 Minutes
11 min listen
280: Fast Track Money: Getting rich quick is different than getting rich fast. We share some of our top strategies for fast tracking your money. by Millennial Money Minutes | Personal Finance in 5 Minutes
7 min listen
279: Mondays: How to set yourself up to crush the week. by Millennial Money Minutes | Personal Finance in 5 Minutes
7 min listen
278: Is Frugality Enough?: Most of personal finance is focused on cutting back, budgeting, and frugality but is that enough? by Millennial Money Minutes | Personal Finance in 5 Minutes
7 min listen
277: Make More Money: As you know one of the easiest ways to make money is through side hustling, but most people who side hustle are leaving a ton of money on the table. by Millennial Money Minutes | Personal Finance in 5 Minutes
7 min listen
Welcome Back - New Season 2!: Welcome to Season 2 of Millennial Money Minutes! Thanks for being patient while we took the month of March off so Grant could finish his book and we could develop some exciting new projects. We are super stoked to be back. by Millennial Money Minutes | Personal Finance in 5 Minutes
7 min listen
275: Advanced House Hacking w/ Jacob Perez: Jacob is one of the top house hacking experts in the game. In this 30 minute deep dive interview, we dig deep into house hacking and how you can use it to make a ton of money. by Millennial Money Minutes | Personal Finance in 5 Minutes
26 min listen
274: How to Scale Money: Here's how you can scale money and hit the next level. by Millennial Money Minutes | Personal Finance in 5 Minutes
6 min listen
273: Art and Science of FI (part 2): We discuss the art of financial independence and how to get your friends on board. by Millennial Money Minutes | Personal Finance in 5 Minutes
6 min listen
272: Art and Science of FI (part 1): In this special 2 part episode, we discuss the art and science of financial independence. by Millennial Money Minutes | Personal Finance in 5 Minutes
6 min listen
271: Home buying Myths w/ Fannie Mae: We bust home buying myths with Jonathan Lawless from Fannie Mae. by Millennial Money Minutes | Personal Finance in 5 Minutes
11 min listen
270: A Real Money Strategy: Why you need a real money strategy and how to build one. by Millennial Money Minutes | Personal Finance in 5 Minutes
7 min listen
269: Savings Rate vs. Net Worth: How and why you should track both your savings rate and net worth - the two most important numbers in personal finance. by Millennial Money Minutes | Personal Finance in 5 Minutes
6 min listen
268: Bringing the FIRE Everyday: How to bring it every day. Happy Monday! by Millennial Money Minutes | Personal Finance in 5 Minutes
6 min listen
267: Money Hacking: Money has never been easier to hack. Here's how. by Millennial Money Minutes | Personal Finance in 5 Minutes
9 min listen
266: Ultimate Money Hacking: It's never been easier to make more money, save more money, live for free, and travel for free. by Millennial Money Minutes | Personal Finance in 5 Minutes
9 min listen
265: Are Stocks Too Expensive 2.0: Stocks are absolutely crushing it... but are they getting too expensive? by Millennial Money Minutes | Personal Finance in 5 Minutes
7 min listen
264: Look Back To Look Forward: Why solve problems that have already been solved before? Why looking back to history is one of the best ways to find answers and direction today. by Millennial Money Minutes | Personal Finance in 5 Minutes
9 min listen
263: Bitcoin Update: An update on Bitcoin and Grant's Bitcoin holdings. by Millennial Money Minutes | Personal Finance in 5 Minutes
8 min listen
262: What Matters Most: How to find what matters most in money and in life. by Millennial Money Minutes | Personal Finance in 5 Minutes
9 min listen
261: Skills As Future Currency: The skills you have in the future will be more valuable than anything else. Here's why and how to build new ones. by Millennial Money Minutes | Personal Finance in 5 Minutes
7 min listen
260: How High Can Stocks Go?: Stocks are at all-time highs, how high can they really go? by Millennial Money Minutes | Personal Finance in 5 Minutes
7 min listen
259: Reflecting on Money: We spend so much of our time consuming, but little time examining and then creating. by Millennial Money Minutes | Personal Finance in 5 Minutes
7 min listen
258: Money Habits 2.0: How to pick, evaluate, and make new money habits or ditch them if they aren't working. by Millennial Money Minutes | Personal Finance in 5 Minutes
7 min listen
257: Crush The Money Taboo: Talk about money. Here's why. by Millennial Money Minutes | Personal Finance in 5 Minutes
7 min listen
256: How To Travel The World For Less: It's never been easier to travel the world for less money. Here's how we do it. by Millennial Money Minutes | Personal Finance in 5 Minutes
8 min listen
255: From Zero to One: How to make that small yet massive leap in money and life. by Millennial Money Minutes | Personal Finance in 5 Minutes
6 min listen
254: How To Get Comfortable With Risk: Managing risk is an essential component of investing and life. Here's how to get comfortable with it in all areas of your life. by Millennial Money Minutes | Personal Finance in 5 Minutes
6 min listen
253: Money Resolutions: What money resolutions did you make and are you still sticking with them? by Millennial Money Minutes | Personal Finance in 5 Minutes
7 min listen

Related podcast episodes

Skip carousel

22 Units at the age of 25 with Nate Gottesman: In this episode of Movers & Shakers Josh & Gino interview Nate Gottesman. Topics touched on include: How having a Growth Mindset has helped propel Nate to success. How to deal with a difficult seller The importance of having the right... by Jake and Gino Multifamily Investing Entrepreneurs
32 min listen
How Authentic Branding Resulted In 300k TikTok Followers • Randy Baruh: Randy Baruh as a New York City real estate professional shares his unique experience in the field of real estate and how he transitioned from the theatre to a career in real estate. Randy explains the importance of social media in reaching people witho... by Keeping It Real Podcast • Secrets Of Top 1% REALTORS ® • Interviews With Real Estate Brokers & Agents
64 min listen
Housing Bubble 2.0?: The Real Deal's Deconstruct chats with George Ratiu, an economist at Realtor.com and TRD reporter Kathryn Brenzel about whether the US is seeing a housing bubble. by Deconstruct
12 min listen
The Suburban Housing Boom is Only Getting Started (with Logan Mohtashami) by The Compound and Friends
55 min listen
385: Once Homeless, Now Investing in an Expensive Market (With No Money of His Own) With Greg Gaudet by BiggerPockets Real Estate Podcast
93 min listen
Getting Your First Real Estate Deal with Brandon Krieg | REI 023: How to get to your first check in real estate investing. Brandon Krieg is a real estate investor in Grand Rapids Michigan. Brandon worked the business trying to get his first deal and he kept coming across road blocks and challenges. by Freedom Real Estate Investing
31 min listen
Success Is About Showing Up Every Day • Dan Hellweg: Dan Hellweg with @properties Christie’s International Real Estate tells the beginning of his journey into real estate. Dan discusses how crucial it is to build deep relationship with the clients in order to provide the best service. Next, by Keeping It Real Podcast • Secrets Of Top 1% REALTORS ® • Interviews With Real Estate Brokers & Agents
57 min listen
744: Big City Brokers: What It’s Like Selling Real Estate in NYC with Jay Glazer: Have you ever wondered what it’s like selling real estate in the big city? Jay Glazer runs a highly successful brokerage in New York City and joins us today to discuss what it’s like working as a real estate professional in the nation’s biggest,... by Real Estate Rockstars Podcast
44 min listen
Ep #941 - MFRS - From Single Family Flips to Multifamily Apartments: Transforming his real estate journey, Chris Grant initially delved into the world of single-family home flipping, only to discover its resemblance to a conventional job. Recognizing the need for a more scalable and fulfilling approach, he boldly... by Lifetime Cash Flow Through Real Estate Investing
28 min listen
Real Estate and Property Trends with Danessa Itaya: Real Estate and Property Trends with Danessa Itaya by Social Geek
20 min listen
602: Why The “Right Way” to Buy Rentals is Wrong by BiggerPockets Real Estate Podcast
84 min listen
Starting Your Rental Real Estate Empire with Brandon Turner (SB RWD 79) by The Stacking Benjamins Show
68 min listen
472: Here’s What You SHOULDN’T Do When Long-Distance Investing by BiggerPockets Real Estate Podcast
84 min listen
Negotiating the World of High-End Real Estate (with Kirsten Jordan) by The Stacking Benjamins Show
78 min listen
Where Did All the New Yorkers Go?: The Real Deal’s Suzannah Cavanaugh looks at migration patterns during the pandemic. Some people left New York City, but where did they go? Did they come back? by Deconstruct
8 min listen
JF3396: Why There Won’t be a Soft Landing and How to be an Effective Thought Leader from a Data Scientist ft. George Roberts: George Roberts, data scientist and principal at Roberts Capital, shares his insights on how to get your foot in the door with a GP team, steps to becoming a thought leader, and why he thinks interest rates may fall sooner rather than later. Key... by Best Real Estate Investing Advice Ever
32 min listen
Behind the Scenes, Broker Insights with Dan Lewkowicz | The Jake and Gino Show: In this episode, we're excited to have Dan Lewkowicz, a seasoned real estate veteran with over 15 years of experience. From house hacking to flipping houses, Dan has done it all. He's currently the director of investment sales at Encore Real Estate... by Jake and Gino Multifamily Investing Entrepreneurs
41 min listen
The Truth About Florida Real Estate -- Zev Friedus #5904: Kerry Lutz interviewed Zev Freidus, a former product marketing manager who transitioned into real estate and used technology to build a successful business. Freidus shared how he quit his day job to focus on real estate and used his background in... by Financial Survival Network
32 min listen
The Truth About Florida Real Estate -- Zev Friedus #5904: Kerry Lutz interviewed Zev Freidus, a former product marketing manager who transitioned into real estate and used technology to build a successful business. Freidus shared how he quit his day job to focus on real estate and used his background in... by Kerry Lutz's--Financial Survival Network
32 min listen
$100k setback? Here’s how to make it back many times over.: Richard had a few property ventures before joining I Love Real Estate. Some good, others not so much. But it all paled in comparison to the massive setback he had in the middle of his property journey, a venture that just went horribly wrong. by I Love Real Estate
53 min listen
Legal Protection During Coronavirus (Episode 90): SUMMARY: Rent, loans, debt, taxes, estate planning: these are just some of the issues under scrutiny during the coronavirus crisis. Garrett Sutton joins Andy with legal analysis for business owners and investors. by The Cashflow Academy Show
31 min listen
The Importance of Perceived Value EP 3: An in-depth discussion of the importance and impact of perceived value. Has trying to go viral gone too far? The best time to make money as a real estate agent. A night out with the crypto mafia The new infrastructure bill VS. the real estate... by Escaping the Drift with John Gafford
66 min listen
Using Calculated Risk to Acquire 17 Doors In Under a Year (at Age 24!) w/ Grace Gudenkauf by Real Estate Rookie
46 min listen
594: Future of Housing in America with Jarrett Gross: Jason Hartman talks with Jarrett Gross about 3D printed homes. How close to reality are they? Can you really get them for $10,000? Will it completely disrupt the housing market? The two look at the issues hampering the adoption of the technology, how... by Holistic Survival Show - Economic Crisis
42 min listen
Why Are Venture Capitalists Shrinking Away From Crypto? by Bloomberg Crypto
16 min listen
Thad Wong, Mike Golden discuss @properties franchising growth by RealTrending
35 min listen
Real Estate Investing For You & Me With Brian Dally + Ask Shannah by Everyone's Talkin' Money
39 min listen
The Cons Of Investing In Real Estate by The Kris Krohn Show
4 min listen
What Real Estate Agents And Investors Get Wrong: Mark De Lautour with SBD Housing flew in from Kansas City to talk about what realtors, wholesalers, and investors get wrong in real estate. What Real Estate Agents And Investors Get Wrong | Video Replay What Real Estate Agents And Investors Get Wrong M... by Real Estate Disruptors
89 min listen
Staging Luxury: How We Sold this $2.55M Home to the First Person Who Saw It After Staging with Margaret Gehr: First impressions matter not only in human-to-human interactions but also in real estate. I believe many real estate agents leave thousands of dollars on the table because they fail to make a strong first impression on both potential buyers and buyer... by Luxury Listing Specialist - Dominate High End Listings In Any Market
38 min listen

Discover this podcast and so much more

283: Real Estate Investing Fail

283: Real Estate Investing Fail

Description

Titles in the series (100)

More Episodes from Millennial Money Minutes | Personal Finance in 5 Minutes

Related podcast episodes