Should You Still Be Investing In Real Estate? They Don’t Want You To Know THIS About Buying A Home!

In this episode of The School of Greatness, Lewis sits down with Glennda Baker, a seasoned real estate expert with over 30 years of experience. They dive deep into the intricacies of real estate investment, focusing on how to create generational wealth through strategic property purchases. Glennda emphasizes the importance of buying property as soon as possible, even with minimal down payments, to avoid being sidelined by large institutional buyers. She shares invaluable advice on avoiding ego-driven purchases, the pitfalls of HOAs, and the significance of patience in wealth building. Glennda also discusses the critical soft skills needed in real estate, such as patience, and warns against being swayed by vanity. She opens up about her personal experiences, including past mistakes and the lessons learned from them, providing listeners with a candid and inspiring look at achieving financial freedom.

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0:00 Intro
00:03:25 - Investing in Real Estate for Generational Wealth
00:07:12 - Building Generational Wealth through Patience
00:10:53 - Investing in Real Estate for Your Future
00:14:29 - Overcoming Obstacles in Business and Investments
00:17:53 - Understanding Real Estate Investments
00:21:13 - The Importance of Understanding What You're Buying
00:24:49 - Cash Flow Issues and Learning from Mistakes
00:28:33 - Financial Mistakes and Distractions
00:32:20 - Discovering Self-Worth and Building Moments of a Lifetime
00:36:29 - A Powerful Moment with Tony Robbins
00:39:56 - Creating Boundaries for Personal Freedom
00:43:31 - Learning from Relationship Mistakes
00:47:09 - Overcoming Losses in Life and Marriage
00:51:13 - Money and marriage: Lessons and conversations
00:54:54 - Money and Relationships
00:58:28 - Lessons Learned from Divorce and Home Buying
01:01:44 - Negotiating Real Estate Deals
01:05:23 - The Five Reasons People Do Life
01:08:50 - Building Wealth Through Real Estate
01:12:16 - Investing in Real Estate
01:15:36 - Building Cohesive Relationships in Real Estate
01:18:58 - Connecting with People on Social Media
01:22:29 - Impacting, Inspiring, and Informing People

#greatness #inspiration #motivation

[lewishowes]

Join me and amazing guests like JOE DISPENZA & DAVID GOGGINS at Summit of Greatness 2024!

[universalmeditation]

Amen, she said drop the ego and purchase the least expensive in the most expensive neighborhood!❤

[msmink]

What a brave, honest and giving woman. I’m sure her children are very proud of her.

[anijackson]

Glenda is so down to earth, funny, real, wise and a woman I can relate to! She says and I quote "stop looking for someone else to give you a life that you can give to yourself"

[cynthialovesrealestate]

Oh my gosh, she nailed it! They need to stop the corporate buy outs! Wrecking it for first time buyers.

[suzannevictoriabaker-canto]

Lewis, I have been watching your YouTube interviews, listen to your podcast, but your interview of Glennda Baker, stroke a cord in my heart. As a woman, and even older that Glennda, her wisdom, and her candor and courage to share with all of us. LOVE IT!!! Thank you, Lewis.

[worldofwonder]

I love this woman. I learned more from this interview than 100 YouTube channels! Thank you!

[DavidDiaz-cgqw]

Dont look back with regret, look foward with reflection.. that hit the spot!

[penelope]

She is fabulous! No ego. Words of wisdom!! Distraction is a killer! She is spot on! TY

[Andromeda]

Glenda Baker..buying houses for her kids so they´ll have a place to live 🥺💞💜💜💜💜💜 All the blessings and thankyou for inspiring us!

[zaidvargas]

I could listen to this woman read a grocery list and be entertained. She’s so eloquent, knowledgeable, and the southern twang is so charming!

[AlohaHard]

Awesome interview. And just in time, I too was a single mom of three boys and bought my first house in SoCal for 100k in 1999. Super small but the boys had their own rooms. I worked overtime to make ends meet. And our only day-cation was seasonal tix to six flags or Disneyland. Any vacations was visiting family in Hawai’i. Ended up selling our house and bought a house on Kauai in 2008 now worth almost 3x what I paid. After watching this, it’s inspiring me to buy another house using my equity and use as rental property. Glad this showed up in my feed. Thank you 🙏

[kristynholding]

At 33 minutes. She really breaks it down, and I salute her and thank her for explaining. Thank you then you

[barbarahoglund]

Thank you i have been married 4 times husband of 27 years passed i have 2 bedrrom houses i rent out was thinking of selling after listening to you i am keeping houses i am 76 .

[batatasol]

This lady drop alot of germs that even a real estate guru cant give for free. Alot of wisdoms 💪🏾

[glendabillingsley]

From one Glenda to another this was my favorite segment you’ve ever done . Houses over handbags…skip the depreciating shiny object for an appreciating wealth building asset!!! Lewis you related and self disclosed in such an authentic way I’ve never seen. Life altering segment. Thank you!!!!

[melissacarver]

Love this woman. I have been following her on IG for a while. She has always been an inspiration as a single mom running a business and owning her own business. Since the first time I saw her in IG I said to myself " I want to work with her one day". It might take some time but I believe one day I will. After all we both live in the metro Atl area. Thank you for bringing her on your show and thank you Glenda for being so open and strong. You are motivational to this single mom.

[hlub]

She is such a 🌟 star. Brought me to tears with her personal childhood story. Just explains how much we do because of childhood trauma and more. She is such a genuine person. Wish I could meet her one day.

[tryunetech]

"My Life's Goal is to string together moments of a lifetime". What a powerful statement, I wholeheartedly believe this. When you choose this as your driving force there is nothing that can stop you from becoming the greatest version of yourself.

[AwesomeCanadianHomes]

Not to take away from this realtors values or strategies but you can retire early as a life long renter. I knew a woman that rented not a condo but an apt, rent only went up 2.5% a year, included water, hydro, heat. She had a job that didn't pay great but that she loved, she put savings into dividends and when she was 40 went part-time, as her dividends paid most of her bills which she kept very low. She passed away in her early 60's, but had a good 20 years of free time as she only worked 3 days a week. She never owned anything but had freedom in a way.