014 - First Steps to Quitting your Job with Chris Merriman & Katerina Finck

NYC Meets Bama

Can you picture a life without your 9-to-5 job? How about a life where you are your own boss, maneuvering through real estate investments, creative finance and even house hacking? It's a daring leap to take, but one that can lead to exciting rewards, and we're here to guide you through each step in this episode.

Starting with the core principles of time analysis, goal setting and establishing 'why' we do what we do, we lay the groundwork for a successful transition into real estate. We also emphasize on the importance of open dialogues with loved ones about budgeting and dedication, and delve into the emotional aspect of this journey. From setting up an LLC to understanding the corporate veil, we guide you through the technicalities of running a business and how to protect your assets.

As we venture into the realm of real estate investment strategies, we explore fascinating concepts like arbitrage, wholesaling, flipping and the Burr method. Getting into the nitty-gritty of owner financing and novation, we uncover their significance in working with sellers. Moreover, we navigate through the process of market selection and analyze potential investment areas. From house hacking to Airbnb, we discuss different strategies to maximize your returns and how you can make the dream of quitting your job a reality. So, buckle up and join us on this transformative journey into the world of real estate.

#Real Estate #Investment #LLC #Asset Protection

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KATERINA's LINKS:

Linkedin - https://www.linkedin.com/in/katerinafinckmarketer/

Instagram - https://www.instagram.com/katerinafinck

Tiktok - https://www.tiktok.com/@katerina_finck

Email - [e-mail]

Beacons - https://beacons.ai/katerinafinck

Website - http://www.katerinafinck.com/

Facebook - https://www.facebook.com/KaterinafinckLLC/

Pinterest - https://pinterest.com/katerinafinck

CHRIS's LINKS:

Instagram - https://www.instagram.com/chris_merrimann/

Beacons - https://beacons.ai/chrismerriman

Tiktok - https://www.tiktok.com/@chrismerriman692

TIMESTAMPS:

(00:00) - Quitting Job for Real Estate

(08:35) - Purpose and LLCs in Business

(16:50) - Understanding Asset Protection and LLC Structures

(26:46) - Property Acquisition and Asset Protection Strategies

(29:48) - Real Estate Investment Strategies

(37:14) - Real Estate Investment and Market Selection

(44:05) - Analyzing Markets for Real Estate Investment

(48:03) - Analyzing Real Estate Market Data

(56:48) - Analyzing Emerging Markets in Real Estate

Your feedback matters to us, so please let us know if you enjoyed this style of video. We are eager to hear about the challenges you're facing, and we'd love to dedicate an entire episode to answering your burning questions. Together, let's navigate the intricacies of entrepreneurship and pave the way for your success.

Remember to stay tuned for more thought-provoking conversations like this one! Follow us on all platforms to ensure you never miss out on our latest episodes.

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Kat's Instagram: https://www.instagram.com/katerinafinck

Chris' Instagram: https://www.instagram.com/chris_merrimann/

This podcast uses the following third-party services for analysis:
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Podcorn - https://podcorn.com/privacy