If you dream of becoming a successful real estate investor, there are three “pillars” of wealth you must build in your own life. What are these keys to financial freedom? Well, fortunately, today’s guest has written an entire book about them!
Welcome back to the Real Estate Rookie podcast! Today, we’re speaking with none other than David Greene—host of the BiggerPockets Real Estate podcast and author of SIX top real estate investing books—the latest of which is titled Pillars of Wealth. Far too often, rookie investors dive into the world of real estate without having mastered the three areas they need to succeed—making, saving, and investing their money. Then, they are gutted when real estate doesn’t work out for them. The truth is that the money habits you build today will follow you throughout life. Work hard, foster a healthy money mindset, and master one challenge before advancing to the next. This is the real path to financial freedom.
In this episode, David shares his own experiences with money—including how he was able to steadily increase his income over time, save over $100K while in college, and find success as a real estate investor. You’ll learn about the true cost of financial freedom, how to play offense AND defense with your money, and why you MUST work the long game with real estate—prioritizing delayed gratification over immediate cash flow!
Ashley:
This is Real Estate Rookie episode 328.
David:
Really, the book is an antidote against deception. The people who are getting into our game, they don’t know who to listen to. They’ve got these people saying this and those people saying this, and this TikTok person, this podcast. While most of us go with what sounds the easiest, one of the ways that you avoid being deceived is you ask yourself if the information that you are being told works in other areas of life. Can I go to the gym with that philosophy that I don’t have to work hard when I’m there, but as long as my outfit…