Investing in real estate can often feel daunting and overwhelming. You don’t know where to start or understand all the jargon.
The key is to get educated so you can make informed decisions. Listen in as John shares why it’s important to buy over renting, when you should move from your home, dealing with renters, the right insurance and what options you have with zero or low credit.
A little bit about John…
John Papaloni was born and raised in Etobicoke, often referred to as Toronto’s West End. From an early age John developed a passion for buying and selling and this has led him on the journey as a successful business entrepreneur and now highly focused Real Estate Agent working in the Greater Toronto Area.
John Papaloni has a commitment to his clients that is unmatched and a passion to deliver Top Value through mastering all the latest technologies and engaging in the most effective marketing campaigns! John is well on track to achieving various awards in the real estate industry that will set him apart from the rest.
“Don't wait to buy real estate. Buy real estate and wait.” - John Papaloni
03:23 - John’s Story
06:55 - Don't wait to buy real estate. Buy real estate and wait.
08:21 - Buying over renting
09:31 - When it makes sense to move
11:19 - Dealing with renters
18:05 - Insurance for covering damages
22:02 - Insurance when renting out your own home
32:39 - Last words of wisdom
If you need help paying off your debt, go to budgetsmadeeasy.com/debt for your Paying Off Debt Starter Kit. This will help you really get going on your journey to longer-term investing strategies.
And if you enjoyed the podcast today and got some great takeaways, I’d really appreciate it if you followed the Money Mindset Podcast so you don’t miss out on future episodes.
Resources and Links Mentioned:
- Paying Off Debt Starter Kit: www.budgetsmadeeasy.com/debt
- Compound Effect by Darren Hardy: (affiliate link) https://amzn.to/3OjdfZ0
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