RealPropPro Podcast Ep 13 - Larry Steinhouse | June 19th, 2025
Manage episode 489652456 series 3656387
Summary
In this conversation, Larry Steinhouse discusses the appeal of guaranteed returns in real estate investments, emphasizing the importance of understanding risk and making informed financial decisions. He critiques common practices among novice investors and highlights the benefits of offering competitive rates to attract lenders.
Takeaways
Guaranteed returns in real estate can be appealing to investors.
Offering a guaranteed 8% can attract more lenders than higher rates.
Many new investors misunderstand the risks associated with high-interest offers.
Investors should be aware of the quality of their deals to minimize risk.
Understanding financial literacy is crucial for successful investing.
Real estate can provide stable returns compared to other investment options.
High-interest rates often indicate higher risk for lenders.
Smart investment strategies involve knowing your market and your numbers.
Investors should focus on building trust with potential lenders.
A well-informed investor is more likely to succeed in real estate.
Chapters
00:00 Introduction to Real Estate Investing
03:37 Larry's Early Life and Background
06:23 First Steps into Real Estate
08:04 Exploring Real Estate Investing
47:08 Mindset and Financial IQ Program
48:56 Raising Capital for Real Estate
52:16 Understanding Returns on Investment
58:59 The Importance of Good Deals
01:00:31 Mindset Shift for Financial Freedom
01:04:34 Outro
13 episodes