Do you have a 20-year plan?
Me, personally, I’m all about the long game.
I love refreshing my 20-year plan every few years.
Why? Because when you have a long-term perspective on things, if things don’t go your way, you don’t take it personally. It doesn’t completely derail you. You understand there’s a bigger plan, goal and picture.
If, on the other hand, you’re always living in the moment… When things go sideways, everything tends to fall apart really quickly.
This topic provides an ideal introduction to my guest on today’s #TomFerryShow, Andy Dane Carter.
As a real estate professional, investor and author, Andy believes many agents are missing out on their greatest long-term wealth-building opportunity.
They might be selling lots of houses…
…but how many are they buying?
Your Future Will Be Determined by the Investments You Make Today
Andy’s story is fascinating because he came from a family who had solely been renters for three generations.
Like many people, he once assumed there were huge barriers to get into investing…
…Until one day when he heard about an FHA financing program to purchase three- and four-unit buildings for just 3.5 percent down.
He started investing in these properties and realized the huge untapped potential that exists for real estate professionals.
“If you’re a real estate agent, you need to start thinking like an investor,” he says.
You often have the first shot at properties coming on the market, which gives you a giant opportunity to build generational wealth.