“I'm okay with sacrificing now for a greater future.”
In this episode of the Profit First for REI podcast, we have Martine Richardson. She has been a real estate investor for about ten years, from being a full-time employee with no money and no time freedom.
Martine shares practical steps on getting out of the rat race and her experiences on her real estate journey. Listen and enjoy the show!
Key Takeaways:
[00:50] Introducing Martine Richardson
[02:40] Before entering the real estate space
[07:10] Sandwich lease option
[11:31] Buy and hold
[14:04] The Power of Holding
[15:55] Two ways to know how much money you need per month to live comfortably
[19:34] Mid-term rentals
[28:14] Martine's advice for real estate investors
[30:45] Connect with Martine Richardson
Quotes:
[07:13] “Sandwich lease option agreement, when you are leasing a property and you have the option to purchase it in the future.”
[13:49] “I've always been like a long-term thinker. I'm okay with sacrificing now for a greater future. Me holding made complete sense to me.”
[28:23] “Many people are stuck in the analysis-paralysis stage because they want to know everything about how to do something… I would encourage people to learn the first step and take action on that first step. Learn the second step and take action on the second step.”
Connect with Martine:
Website: https://www.facebook.com/groups/thefreedominc
Tired of living deal to deal?
If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. – David
