Money Management
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A Realtor’s First Step in Building Wealth
| Concepts & Ideas, Money Management, Wealth Building
If you're like me, you got into this business not just to make money and help people, but to build wealth. But how do you that? There's no Order of Operations for Realtors interested in building wealth! In 2024, I wrote a 10-Step CE class for Realtors interested in building wealth. Step "0" is actually the most important step of all, and I'd like to share that with you here: What Is Your “Enough” Number? The ...
How to Save 15.3% in Your 2024 Taxes
| Financial Planning, Money Management, Taxes, Wealth Building
As real estate agents, maximizing your income isn't just about closing more deals—it's also about smart financial management, particularly when it comes to taxes. One strategic approach that many successful realtors utilize is forming an S-Corporation to save significantly on taxes. If you're making over $75,000 a year, this could be a game changer for your finances. Quick disclaimer before you read any further - I am neither a CPA nor an attorney, so be ...
5 Bank Accounts for Realtors: Build Wealth Now!
| Financial Planning, Money Management, Real Estate, Realtor Level Up, Wealth Building
The 5 Bank Accounts You Need to Build Wealth Why Just Sell Houses When You Can Build Serious Wealth? Fellow Realtors! I get how awesome our job can be. There's nothing like the thrill of closing a deal and making our clients happy. But I've got a question: are you only selling houses? Or do you want to make enough money to start building wealth? If you're all about the second choice, then keep reading ...