Wealth Academy Podcast - Episode #89 - Financial Coaching Session #7 With Dr. Askia Davis, Sr. & Financial Coach Vann - Real Estate Investing
Owning real estate whether single-family properties, duplexes,
apartments, or office buildings, it's a wise investment. During
this episode which is coaching session #7, Dr. Davis, Sr. and Coach
Vann share their personal experience and real estate investi
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When it comes to setting up your financial plan and strategy for
your portfolio, including real estate is a wise choice. During
this episode of Wealth Academy Podcast, Enter To Win Coaching
Session #7 focuses on real estate and how it can generate wealth
for you.
Coach Paul Vann shared his experience purchasing a single-family
house in Texas and it was leased out to tenants for several years
and then sold years later. Coach Paul purchased his first
property while employed by Mobil Oil Company and it has proven to
be one of his best investments because he more than doubled what
he paid for it.
Coach Vann also purchased a house when he moved to the state of
Maryland and it has proven to be another property whereby the
value of the property has tripled in value and will continue to
do so as a result of the inventory of properties available
for sale is at an all-time low. I encourage people to search for
the neighborhood and location of a property that has long-term
value, such as an entertainment complex, access to major
highways, schools, airports, shopping, restaurants, and
more. A house provides a wonderful tax break and adds to the net
worth of owners as well.
Dr. Davis, Sr. invested in the New York City real estate market
which is one of the most expensive in the U.S. He shares how he
started out in the real estate market when properties were low,
and over time he has experienced a great return on his
investment. Dr. Davis pointed out the importance of working with
a real estate lawyer that knows properties inside, out such as
the physical structure of a building.
Coach Vann and Dr. Davis encourage listeners to invest in real
estate and preface this episode by stating they are not real
estate agents or brokers, thus they provide a disclaimer letting
you know your best decision for investing in real estate should
include a real estate agent, broker, or lawyer and accountant on
your team whether it's for a single-family property, brownstone,
duplex, apartment or office building.
Encourage your family, friends, and or colleagues to tune in and
listen on Apple Podcasts, rate and review this episode, and
provide a 5-star rating.
Host - Coach Paul Lawrence Vann
Email - info@paulvannspeaks.com
Office - (800) 341-6719
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