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Dave Nimick: Real Estate as Part of Your Wealth-Building Plan
Manage episode 373252284 series 3499311
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In this episode, Dave discusses:
- The upsides and downsides of real estate as an investment.
- Similarities and differences between real estate versus stocks.
- Landlord best practices.
- Mindset of owning real estate investment property.
Key Takeaways:
- Owning real estate helps to diversify your portfolio.
- The longer you own a property, the more likely you are to see huge appreciation and greater passive income.
- Real estate is a tangible entity in a way that stocks are not.
- If a landlord keeps a property well maintained, the tenants will typically follow suit.
"You cannot live within a stock portfolio, but everyone needs a roof over their head, including you. Even if you're buying a property for investment, if you need a place to live at some point, you can live in your property." — Dave Nimick
Connect with Dave Nimick:
Website: https://thenimickteam.com/
Email: [email protected]
YouTube: https://www.youtube.com/channel/UC4WqeMs62CL3T5P-w6ncqbQ/videos
LinkedIn: https://www.linkedin.com/in/davenimick/
Facebook: https://www.facebook.com/thenimickteam
Dave Nimick is owner of The Nimick Team, Inc. with Keller Williams Realty
Show notes by Podcastologist: Chelsea Taylor-Sturkie
Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.
46 episodes
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