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Το περιεχόμενο παρέχεται από το Taylor The Investor. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Taylor The Investor ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
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Balancing Family, Life, W-2, and Real Estate. How Does She Do It? with Aileen Prak

29:40
 
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Αρχειοθετημένη σειρά ("Ανενεργό feed" status)

When? This feed was archived on June 02, 2024 11:05 (18d ago). Last successful fetch was on May 02, 2024 00:44 (2M ago)

Why? Ανενεργό feed status. Οι διακομιστές μας δεν ήταν σε θέση να ανακτήσουν ένα έγκυρο podcast feed για μια παρατεταμένη περίοδο.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 378537451 series 2857622
Το περιεχόμενο παρέχεται από το Taylor The Investor. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Taylor The Investor ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.

Have you ever felt overwhelmed balancing family, work, and ambitions to build wealth through real estate investing? How does one give adequate time to their family, refine investment strategies, and still achieve their financial goals?

In this episode, Taylor welcomes Aileen Prak to discuss balancing life, family, work and real estate investing. Eileen shares her experience setting priorities and goals and refining the investment strategy with her husband. She talks about managing multiple family, work, and investment commitments, including building a network of connections, creating relationships, and setting small goals. She also explains how two partners with different skill sets can successfully work together to achieve their goals through communication and compromise.

Tune in for an insightful conversation on maintaining balance while building wealth!

[00:00 - 06:12] Balancing Life, Family, and Real Estate Investing

  • Focus on the importance of time and how to spend it
  • Set priorities, goals and delegate responsibilities
  • Invest in multifamily apartments outside of your comfort zone
  • Leverage the experience of a sponsor to learn and be passive investors

[06:13 - 11:26] Leveraging Strengths and Weaknesses to Achieve Goals

  • The power of leveraging off each other's strengths and weaknesses
  • Having a support network for help with kids and other tasks
  • Identifying individual strengths and weaknesses
  • Communicating effectively to divide and conquer tasks
  • Creating a division of line between what is enjoyed doing and what is good at doing

[11:27 - 19:31] Navigating Business Goals Together

  • Set goals based on family and overall life quality
  • Break down goals into smaller steps
  • Handle disagreements by understanding each other's perspective
  • The end goal is the same, but how to get there may require compromise

[19:32 - 24:07] Achieving Financial Independence and Spending Time with Family

  • Don't forget why you are doing it in the first place
  • Grow business to have time freedom and be able to spend it with kids
  • Expose kids to real estate without limiting beliefs
  • Enjoy current job and make a decision when one of them wants to leave

[24:08 - 29:40] Closing Segment

  • Best investment: first house bought
  • Worst investment: a property with high deferred maintenance and low market value
  • The most important lesson: always walk away from a bad deal

Quotes:

"I wanted to gain more time and freedom to spend more with my family, not be dependent on that W-2, and have that choice to continue working because I wanted to, not because I had to." - Aileen Prak

"If you can overcome those limiting beliefs, you can get there and start so much quicker without having to feel like you're not enough. And you totally are, but you need to start making the right moves and start getting outside of your comfort zone, networking with other people." - Aileen Prak

Connect with Aileen!

Website: https://bonavestcapital.com

Podcast: How Did They Do It? Real Estate

Apply to Invest with Taylor at www.investwithtaylor.com

Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com

Please leave a review and help others escape Wall Street and build wealth on Main Street!

  continue reading

628 επεισόδια

Artwork
iconΜοίρασέ το
 

Αρχειοθετημένη σειρά ("Ανενεργό feed" status)

When? This feed was archived on June 02, 2024 11:05 (18d ago). Last successful fetch was on May 02, 2024 00:44 (2M ago)

Why? Ανενεργό feed status. Οι διακομιστές μας δεν ήταν σε θέση να ανακτήσουν ένα έγκυρο podcast feed για μια παρατεταμένη περίοδο.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 378537451 series 2857622
Το περιεχόμενο παρέχεται από το Taylor The Investor. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Taylor The Investor ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.

Have you ever felt overwhelmed balancing family, work, and ambitions to build wealth through real estate investing? How does one give adequate time to their family, refine investment strategies, and still achieve their financial goals?

In this episode, Taylor welcomes Aileen Prak to discuss balancing life, family, work and real estate investing. Eileen shares her experience setting priorities and goals and refining the investment strategy with her husband. She talks about managing multiple family, work, and investment commitments, including building a network of connections, creating relationships, and setting small goals. She also explains how two partners with different skill sets can successfully work together to achieve their goals through communication and compromise.

Tune in for an insightful conversation on maintaining balance while building wealth!

[00:00 - 06:12] Balancing Life, Family, and Real Estate Investing

  • Focus on the importance of time and how to spend it
  • Set priorities, goals and delegate responsibilities
  • Invest in multifamily apartments outside of your comfort zone
  • Leverage the experience of a sponsor to learn and be passive investors

[06:13 - 11:26] Leveraging Strengths and Weaknesses to Achieve Goals

  • The power of leveraging off each other's strengths and weaknesses
  • Having a support network for help with kids and other tasks
  • Identifying individual strengths and weaknesses
  • Communicating effectively to divide and conquer tasks
  • Creating a division of line between what is enjoyed doing and what is good at doing

[11:27 - 19:31] Navigating Business Goals Together

  • Set goals based on family and overall life quality
  • Break down goals into smaller steps
  • Handle disagreements by understanding each other's perspective
  • The end goal is the same, but how to get there may require compromise

[19:32 - 24:07] Achieving Financial Independence and Spending Time with Family

  • Don't forget why you are doing it in the first place
  • Grow business to have time freedom and be able to spend it with kids
  • Expose kids to real estate without limiting beliefs
  • Enjoy current job and make a decision when one of them wants to leave

[24:08 - 29:40] Closing Segment

  • Best investment: first house bought
  • Worst investment: a property with high deferred maintenance and low market value
  • The most important lesson: always walk away from a bad deal

Quotes:

"I wanted to gain more time and freedom to spend more with my family, not be dependent on that W-2, and have that choice to continue working because I wanted to, not because I had to." - Aileen Prak

"If you can overcome those limiting beliefs, you can get there and start so much quicker without having to feel like you're not enough. And you totally are, but you need to start making the right moves and start getting outside of your comfort zone, networking with other people." - Aileen Prak

Connect with Aileen!

Website: https://bonavestcapital.com

Podcast: How Did They Do It? Real Estate

Apply to Invest with Taylor at www.investwithtaylor.com

Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com

Please leave a review and help others escape Wall Street and build wealth on Main Street!

  continue reading

628 επεισόδια

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