Get Real Podcast

It's that time of year again... tax season. They don't give tax advice, just info. They urge you to find an accountant who's knowledgeable about real estate investing. Talk to other successful real estate investors about their approach to taxes. Depend on a tax professional to know how you can keep more of your earnings.

Learn about the 4 returns real estate investors enjoy. Ron and Angela of RP Capital take you through a case study about the returns generated by an actual rental house in the Midwest. It's an excellent way to better your understanding. And after listening, you can get additional information from RPC websites.

You need to be an advocate for getting the education you need to succeed… self-education, to be precise. They get real about the education system, which teaches students to repeat facts instead of teaching the skills needed for business and life. They recommend searching out the information you need using free resources like the internet and the library.

When you spend time blaming others for everything, you are not spending time bettering yourself. It's important to take responsibility for your actions. Be grateful, be positive, take action toward success, and ask for advice. There are plenty of good ideas in this episode to help you focus on personal growth and business success.

Many people don't know accredited investing exists. The SEC set it up to protect people from getting into investments that are too rich for them. Accredited investments are largely unadvertised since so few people qualify for them. The deals don't always have greater return than regular investments, though many do have greater potential. Ron & Angela give an overview of the benefits and requirements of accredited investing.

Many Americans avoid planning or seriously think winning the lottery is how they'll finance retirement. Now, that's a definite sucker route! Ron and Angela recommend developing a lifestyle plan and a financial plan. Putting a retirement plan together and funding it gives you peace of mind.

We are passionate about taking charge of your financial situation and not letting debt hold you back. Get real with yourself by taking a truthful look at your attitudes toward money. Do you pay off debt and then repeat the cycle? Have you turned down business or social opportunities because of debt? Work toward becoming the master of your financial situation... refuse to be the slave of debt!

People are always asking Ron & Angela if it's possible to invest in real estate with no money of your own. Ron's opinion on the subject is thought-provoking. The episode also addresses how much real estate training is available and how few of those courses teach sales skills. You may want to consider if you can benefit from sales training.

It's imperative you take a close look at the state of the current real estate market; it's showing signs of slowing down in some areas of the country. Ron and Angela explain why there is never a time to turn your back on real estate investing. They feel that the market is going through a cycle that hits every 8 to 10 years. It's nothing like the 2008/09 crash because the underlying weaknesses like subprime mortgages aren't a factor. Listen to hear REAL talk regarding the market.

People always ask us. So, we're going to explain the whole passive income thing, which does require a little action on the investor's part. Put the emphasis on income, not passive, when thinking about it. Managed rental investing is an excellent way to diversify your portfolio and earn a serious return. Angela shares an experience her mom, also a real estate investor, had which shows that even serious property damage interrupts earning only briefly.

Learn the importance of goal setting, and of owning the fact that only you are accountable for reaching them. Angela Thomas and Ron Phillips of RP Capital provide useful tips. Get ideas about how to reach goals. Learn about honesty and brevity in goal setting, and about keeping goals relevant and meaningful. Enjoy!

A refreshing look at the good, the bad… and the crazy challenges business owners face while building a profitable business and a beautiful life. Real estate investing Power-preneurs Ron Phillips and Angela Thomas pull back the curtain, cut through the hype – and help you Get Real about success.