Create a runway for taking off on your investment journey by saving up before you launch 💥🚀
Summary
The speaker emphasizes the importance of having enough savings or a financial 'runway' before diving into real estate investment, especially when leaving a job to focus on building a real estate portfolio. He suggests saving enough to cover living expenses for 18-24 months and emphasizes that having a clear path to replace lost income is key, even if the investment income doesn't fully replace the income right away.
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Curated by Learn STR by GoStudioM