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All Forum Posts by: Tyler Austin

Tyler Austin has started 6 posts and replied 35 times.

Have you ended up purchasing anything, or deciding on an area?

@Kobe Xin hey man thanks for your input!

@Anthoney Hanks thanks for your input

@Bruce Lynn

That’s all good info. I actually grew up in Coppell also.

I’ve talked to some different KW teams, but I haven’t considered going it solo with KW. I’ve been a solo agent before, and am hoping to find a jump start to making money from a team. What would you say the biggest benefits to being on a team vs on your own are? I’d figure on a team, jumpstart business. On your own, make more income later on as you don’t have such a high split.

@Neil Narayan thanks for the info

@Jordan Moorhead that’s awesome, thanks for your feedback man!

@Jordan Moorhead what are some of your favorite aspects of KW?

@Neil Narayan could you give me some reasons why?

@Jordan Moorhead thanks. Are you in Austin? I’ve met with a couple teams there.

Originally posted by @Sameer Bhalesha:

So you want her to house hack but you won't help her? That's the wrong move. 

"Pretty sure she's paycheck to paycheck, but most of America is - not faulting the kid for that."

Isn't that completely your fault? Why would you ever let your daughter live paycheck to paycheck? I would never do that to my kids. Generational Wealth is a long-term mindset! Build up assets so your kids do not have to slave their years away like you had to. The portfolio of real estate you build today will not go to your grave but to the next generation. It gives the next generation an advantage. Wealth Inequality is increasing in the USA. It is much harder to buy real estate or any assets compare to 20 years ago. 

Source: Graph by USAFacts & Data by Federal Reserve Survey of Consumer Finances

My 2 cents to create Generational Wealth through Real Estate. 

1) Be obsessed over Generational Wealth. I would see the real estate portfolio as a "family portfolio" not just real estate for you or her. You should help her step by step. 

2) Make a PLAN with an end goal that includes you and her. Create tasks to accomplish. Do not focus on the outcome but what tasks must be done for the outcome (end goal). Such as study real estate 5 hours a week, call 100 sellers a week, analyze 25 deals a week, visit 5 properties a week, drive for dollars for 5 hours a week, flip one house every 3 months, etc...

3) Read numerous books on real estate, self-development, business, and entrepreneurship. Take action while you read. I would make it a goal to read 1 book every 2 weeks? I highly recommend reading "Rich Dad Poor Dad" by Robert T. Kiyosaki. A good real estate book is "Finding and Funding Great Deals" by Anson Young. 

4) Network Heavy. Start going to multiple real estate events until it becomes 2nd nature and enjoyable. Make it a goal to attend 1-2 real estate meetings every week. 

5) Listen to Podcasts and Audiobook. Great resource while driving or exercising. You can listen to your favorite books but they will cost money! Podcasts are free and there are many goods ones. Just search what you are looking for such as "House hacking."

6) EXERCISE. Do not take this lightly. I highly recommend 4-6 days a week of weight and cardio training. 

7) SLEEP. Get the 7-9 hours of sleep your body naturally needs! 

8) Accountability. Every week, you should have a 30 min call to be accountable not only for her actions but for yours too. Review goals and update if need to be.

chill lol