Oct 6, 2020
On this episode, Linda and Dana answer a question from long time listener Becky Gluff: Am I too old to invest? Becky tells her story of coming to real estate later in her life, joining to just sell 6 houses a year and pay for an annual vacation. After she joined Keller Williams, her production went up 70% and she sold 32 homes her first year at KW. Now, after having her mind expanded in that process, she has been considering buying rental properties but has had a limiting belief that maybe she's too old to embark on that. Dana and Linda share how it's truly never too late to start on another wealth building adventure, and how the learning and growing you do throughout the process are worth it AND keep you young. They discuss how 15 year mortgages at the current interest rates can play out to be a great investment even in your 60s, and how you could also go in on your first property with someone else if it's intimidating to take on by yourself. Linda reminds Becky that people are going to start living until they are 120, so it's actually more important to build wealth that has longevity because being in your 60s isn't really that old anymore. They land on saying that whatever it is that's most interesting to you as a new stream of income, it's never too late to go after it.