House Hacking 101: How To Start Living For Free

Mortgage and rent payments make up a good chunk of many people’s budgets.  But what if you had a way to live for free?  Many people have found a way to do that through “house hacking”.  It’s a simple concept that anyone can do, and you might already be doing it without realizing it!

If you’d like to reduce your living expenses or if you’ve been trying to figure out how to have renters pay down your mortgage for you, you may be a great candidate for house hacking. 

In this article, you’ll learn what house hacking is, find out how to decide if a property is a house-hack-worthy purchase, discover how to get started, and learn how to stockpile your earnings from one property to buy the next and continue to build your wealth. 

House Hacking Defined

If you live in one portion of a property and rent out another room, unit, or space on the same property, you’re essentially house hacking. You can become a house-hacker with any small multifamily unit like a duplex, triplex, or quad, and, surprisingly, you can even do it with a single-family home!

Basically, your renters pay a monthly equivalent close to, equalling, or greater than your mortgage payment on the property, rendering your housing expenses near or at zero. This way, you’re earning equity and paying down the mortgage without actually having to pay it yourself!

This frees up your budget, reduces the likelihood you’ll remain in a job you hate and decreases your stress. When you can have good, paying tenants in your units and live with $0 housing expenses, you free up your finances to accomplish more, grow your wealth faster, and earn passive income to fund the lifestyle you want.

How Do You Know If A Property Is A Good Purchase For House Hacking?

If you want to get started house hacking, first, you need the “perfect” house-hacking property. 

That doesn’t mean you’re in search of a fully renovated, adorable property or even one that has excellent curb appeal. Perfect, in this case, means that the rental rates you could theoretically charge a tenant will cover or come close to covering the mortgage payment on the entire property. 

To get to that point, you must first consider how much rent each unit of the property is likely to provide and compare that with your expected mortgage payment. Look at the price of duplexes, for example, and see if the overall cost of the property would render a mortgage payment that could be covered by the rental income from one unit alone. 

An Example: 

If you find a duplex for $400,000, you’ll likely apply a down payment of $80,000 in cash (20%). That leaves you with a $320,000 mortgage. At about 5% interest on a 30-year mortgage, your payments will be about $2,000 each month. 

With this knowledge, you’ll scope out the rental market and see what renters generally pay for units comparable in size to one you anticipate having for lease. This is as simple as looking at Craigslist or any other online hub where people share and shop for a place to live. Don’t overcomplicate the research process!  

If the rental rates you see in the market are at or near $2,000 per month, then it’s likely you’ll be able to get a paying tenant in one side of your duplex for that amount. Then, you can live “for free” in the other side while your tenant’s rent payments build your equity in the home by covering the mortgage payment. 

If the rent rates in the area are a little less, say $1,800 per month, then you’ll have to pitch in $200 a month to cover the mortgage on the property. But, hey, I’ve never found rent for $200 a month before, so I’d still say you worked yourself a great deal!

On the other hand, if you find out rental rates in the area are $2,200 per month, your renters will be paying more than your mortgage payment, leaving you a little cash flow right away!

Either way, you’ve reduced your living expenses to essentially zero and gained a significant advantage toward being able to save for your next real estate endeavor. 

What Else Does It Take To Get Started House Hacking?

Getting started house hacking is easy! All you need is your down payment in cash (20% of the market price of the property is required) and some basic knowledge of the area and types of property you’re searching for. 

You may want to stash a little extra cash in a reserve account for things like anticipated renovations, lawn services, and pest control. Some unanticipated costs of becoming a landlord may be repairs, tenant damage (intentional or not), and notary or attorney fees. 

You can easily find templates for tenant applications, leasing forms, and even contractor agreements online. Take advantage of services like Angie’s list or similar to find reliable handymen for repairs. 

Once you have your savings goals met, simply expand your property search to include small multifamily units like duplexes or triplexes in the area. You can easily do this on any home listing site like realtor.com or by asking your agent. 

How To “Snowball” Your Real Estate Purchases And Keep Living For Free While Investing More

Once you see the magic in having your tenants pay your mortgage while you live for free, you’ll probably want to do it again and again, accumulating real estate properties, growing the number of units you have rented out, and building your equity and passive income as you go. 

The primary way to accomplish this is, as your tenant is covering your mortgage with their rent payments, continuing to “pay rent” to yourself. Set aside at least $1,000 per month into a separate savings account as if you were still paying a mortgage payment or rent. In time, this account will accumulate enough savings to cover a down payment on your next rental property. 

As you move out of your first duplex, for example, and get another tenant to rent your old space, you’ll suddenly have two people paying $1,600 per month, effectively doubling your rental income. Meanwhile, you’ll be moving into a new triplex, for example, living in one unit and finding paying tenants to live in the other two. 

With House Hacking, Who Knows What Your Future Contains!?

I’m sure you can continue to project a growing number of units and the passive income that goes with them by repeating this formula every few years. The good news is, you’d be on your way to ever-increasing net worth, tax benefits, and a diverse portfolio of recession-resistant assets too!

If you’ve been wanting to quit your job and travel full time, creating passive income through real estate investments could be the key to making that happen. Of course, it all starts with your first small multifamily property purchase. 

I have to share this caveat now – being a great landlord is hard work and requires your time and attention to daily decisions about what’s best for the property and your tenants. Even if you choose to use a property management company, you’re still responsible (and liable) for every repair, tenant complaint, rent raise, and eviction. 

If passive income and real estate investments sound great, but you’d rather not move every few years or deal with tenants and other landlord responsibilities, you might be more inclined toward group investments called syndications. When you invest as a limited partner in a real estate syndication, you reap all the benefits of real estate like tax deductions, passive income, and property value appreciation without dealing with any landlord-type headaches. 

Real estate syndications have become my favorite way to passively invest in stable, tangible assets, earn passive income, and limit my liability so I can live the life I’ve always dreamed of with and for my family. 

Neither house hacking nor real estate syndication investing requires any experience, degrees, or certifications. You don’t have to be experienced in one to do the other. Start by identifying your lifestyle and investment goals first, then decide if you’re willing to try to manage a property as a landlord. 

5 Easy Ways To Start Saving AND Investing At The Same Time

Whether you’re just beginning your journey toward financial freedom or you’ve been investing for years, it remains important to simultaneously both save and invest, always keeping an eye out for opportunity AND potential pitfalls. 

Every decision carries risk and while it is great to be planning for your future and building your portfolio, you never know what will happen. Let’s keep our fingers crossed, but chances are you may need to dip into your savings account or emergency fund at some point! 

There is an ongoing and challenging balance between your income and the amount of money you need to reach your investing, expense, and savings goals. While this is typically more difficult toward the beginning of your investing journey, there are a few important saving tips and tricks to help you get a handle on your finances and allow you access to different investment options. 

Here are 5 tips for saving money when you are investing. 

1. Pay Yourself First With A Savings Account

Have you ever said to yourself, “where did that paycheck go?!” 

For most people, as soon as a paycheck is deposited into their account, it’s spent on expenses like rent, groceries, and utilities. So, the vast majority keep saying “I’ll save my next paycheck,” with no real plan in place as to how, because the truth is, no matter when or how much you get paid, there’s always an expense in the waiting. 

To alleviate the push-pull relationship between earning more versus accumulating higher expenses, you’ve got to implement “pay yourself first” anytime you receive income. Prioritize your savings goal and take it out right away! 

Take a small percentage of your paycheck (maybe just 5% to start) and place it directly into your emergency savings account. This has to be done immediately as your paycheck hits your account before any other bills or expenses get paid. 

Moving a nominal value to a different account creates a beneficial barrier, protecting you from spending those savings. Rest assured that once you’ve paid yourself first, you can spend what’s in your checking account without feeling guilty. 

If you are in a position where your job offers direct deposit. You can easily split your deposit by amount or percentage. This allows you to allocate, for example, 5% to your emergency fund and 95% to your checking account. This way, you don’t risk forgetting to transfer it or spending it accidentally, and it’s done automatically every single time. 

2. Get Your Side Hustle Funding Your Investment Accounts

Everyone seems to have a side hustle now. Whether you are trying to boost your credit score, reach an income goal, or afford a big purchase, a part-time job or side hustle can really help accelerate your progress! 

With so many opportunities, both in-person and virtually, that encourage connection, collaboration, and providing services as solutions, this is one of the easiest ways to get going in the right direction.

You’ve heard of the gig economy, right? Join the bustling online community of entrepreneurs making money and you’ll be saving and investing in no time! 

The trick is to take whatever amount you earn from your side hustle and put it toward savings. Choose whether you want that extra income in your retirement savings account, high-yield savings account, emergency fund savings, or another investment account/financial opportunity. 

If you feel like a part-time job is not for you. There are many opportunities to make money selling things you no longer want. Mercari, Poshmark, and Facebook Marketplace are all great options! 

Look through your things and decide what is worth selling. Clothing, handbags, and accessories are popular on a lot of resale sites. You may want to sell bigger items like decor, kids’ toys, or furniture locally. 

3. Create A Plan For The Unexpected: Emergency Savings Accounts

Life inevitably carries risks and unexpected twists and turns. The saying “plan for the unexpected” is perfect in this section. You may not plan for a specific amount of money, but you can always save a general amount or a percentage of money to create a little safety net. You never know when an unplanned expense like a car repair, job loss, or some type of financial hardship might pop up. 

When you do experience a sudden financial crisis, you may be tempted to stop investing, under the impression you’ll have immediate access to would-be invested cash. But, if you already have an emergency fund prepared, you wouldn’t need to interrupt your investing goals or wealth-building progress. 

An emergency fund exists to help you afford home repairs, emergencies, and other unexpected costs in a time of financial crisis. Then, when the repairs are done, the insurance pays out, or you’re on your way to your new job, you can rebuild the emergency fund, all while your investment strategy remained uninterrupted.

As you build your emergency fund, you can adjust the amount saved based on your expenses and obligations, your employment status or fears around such, and re-evaluate your savings account goals once or twice a year. Financial experts agree you should aim to save three-to-six months of expenses in your emergency fund. 

Maintaining a hefty emergency fund is a great way to keep your retirement funds, investment accounts, and other savings accounts intact. Remember, whether we’re talking about building your emergency fund, stuffing other savings accounts, or funneling cash toward investments automatic recurring transfers are your friend!

4. Pay Off Your Loans With Aggression

I’m guessing you probably stare angrily at your phone or computer whenever you see the total balance on your loans and credit cards. You aren’t alone.  

But you aren’t defined by those numbers. If you have credit card debt, a student loan or personal loan, or high-interest debt, those obligations are going to make it quite difficult to build an emergency fund or invest in your future. 

As they suck up the majority of your paycheck, they limit the amount of money you have available for savings and investing. If you find it difficult to make progress toward your savings account and investing goals, it may be time to start prioritizing certain pieces of debt toward payoff.

There is a tremendous benefit to working with financial advisors who can review your credit report, compare it to your personal financial budget, and help create a debt payoff plan. They’ll know how to consider interest rates, minimum payment requirements, and work with you to prioritize which debts should be paid off first. 

Simply put, even if your income doesn’t increase, by deleting your high-interest debt, you will free up more money for your investing and savings account goals. 

5. Learn About Your Investments (Stock Market, Money Market Accounts, and Real Estate Deals too!)

Every CD, broker service, transaction, securities deal, and mutual fund has a cost. So, as you walk your financial journey toward building wealth by saving and investing simultaneously, you’ll want to pay special attention to the fees required by each opportunity. 

If you are looking at the mutual funds inside your retirement or brokerage accounts, for example, it is a great idea to look at how much they cost compared to the projected returns. The more you know about fee and transaction information, the better, more profitable financial decisions you can make for yourself.

Employers typically offer retirement accounts as part of your benefits package. However, keep an eye on the fees and minimum balance requirements because they can be very expensive. If you discover steep fees inside your employer-offered plan, but still want the match (because hey, I wouldn’t pass up “free money” either), just contribute to earn the match and establish a separate brokerage account of your own outside of your employers’ offers. 

As long as you’re following an overall financial plan toward building and generating wealth, whether you invest inside an employer offered plan or on your own is irrelevant. Do your due diligence, examine fees, tweak your budget, and do what is in alignment with your financial goals. 

Ready to Master Your Savings vs Investment Ratio?

No matter where you are along the path toward financial freedom, the key takeaways here are to take the time to set up and review your financial goals. Having a periodic “money date” to allow rebalancing, evaluate your risk tolerance, make adjustments to your budget, explore new financial products, or tip your wealth management strategy toward stronger diversification is key. 

Here at Noblivest, we’re experienced in working with investors at all experience levels, and truly believe that when you watch out for and respect your money, it takes care of you back. 

As you check in with your expenses, emergency fund savings levels, and investment returns, we invite you to join the Noblivest Investor Club, because we love talking about this stuff! A fully informed investor (like you!) is more likely to make the right investment decisions and easily hit your financial milestones (maybe even faster than expected). 

Giving The Gift Of Financial Literacy To The Next Generation

Raising the next generation is one of the most rewarding things we could ever experience. Along with seeing our children go through all of life’s many milestones, thinking about the future for our children can bring a little anxiety too. For many of us, our families and children are our biggest “why” in life.

While some of us might think about legacy or passing on wealth to the future generations, what is even more important and certainly a massive way of showing our love is to teach them how to be responsible with their finances as well. Taking this a step further beyond just financial responsibility, it’s about investing money into assets that generate passive income. This is the key to becoming financially independent in the future and for many generations ahead.

It is critical to talk openly with our kids about spending, saving, and investing; all of which help to instill positive financial values while they’re young. We want them to be equipped with the tools to not only care for themselves and their daily living expenses, but to also build wealth and responsibly use wealth to positively impact the world. 

In this article, you will discover a few simple concepts you can teach your kids and tangible lessons you can implement as part of your plan toward creating generational wealth.

When Kids Can Grasp Financial Concepts

Of course, you’re not going to begin your first conversation teaching compounding interest to your 4-year-old! Children can understand a little more with each year, and you slowly build on their math skills and present simplified financial concepts based on their age, the situation, and the lesson you’re shooting for. 

Young kids between the ages of 5 and 9 just need to learn basic arithmetic and have practice earning money, saving some, and spending some. This teaches them the basics of how the world works – you earn $10, you save $2, and you can buy a new toy for $8. Simple, right? 

When kids can connect that each thing we do or have is paid for somehow, they’ll start to be more considerate of your household budget.  Leaving the lights on, for example, might make the electric bill higher, and you have the opportunity to present and share the statement from the electric company and discuss this financial obligation that exists month in and month out. 

Between the ages of 9 and 15, children can understand adult-like financial concepts like credit cards, compound interest, investing, and compute complex equations. At this point, it’s highly recommended that you share much more about your income, your bills, mistakes you’ve made, and, yes, your investing choices with them. 

Teaching concepts to our children while they’re young, while they have time to practice and experiment with money under your wing instead of when it matters (like with rent or their credit), provides them an even greater chance at financial success. 

Teach Your Kids To Save AND Invest 

The most important thing, no matter the tools you use, is that your child gets access and experience with money. That means earning it, making choices whether to spend or save it, losing it, investing with it, borrowing it, paying it back, and everything that we adults do with our money but on a child-size scale. 

Provide opportunities for them to earn some cash, and walk them through what to do with those earnings. As you encourage them to save some, spend some, donate some, and invest some, talk to them about why these choices are important and share about similar decisions you’re making with your own money. 

Don’t be afraid to share more significant concepts like the impact they could make on a large scale with donations, mistakes you’ve made and what you learned from them, or how they can double their money investing as you do now in real estate syndications. The real lightbulb moment will be when they begin to understand that investments provide passive income – so much so that, if done well, they can choose whether or not to work. 

You get this beautiful opportunity to guide them in earning their first several thousand dollars, building up their savings, and gaining exposure to the fantastic world of investing. Just imagine how much more opportunity for freedom and impact they have just by exposure to these concepts. Amazing!

The #1 Mistake Parents Make With Kids About Money

In general, talking to your kids about money is a million times better than avoiding the subject. It doesn’t matter how much or how little of an expert you think you are on the subject. They need to know about your financial mistakes to learn from them just as much as they need to know about the great decisions you made so they can emulate them. 

Either way, discussing finances and allowing your child some exposure and experience with money and financial conversations provides them more knowledge and confidence with money than if it were never discussed at all. 

Unfortunately, there is one glaring mistake we’ve probably all made. 

Most of us can admit that we’ve said, “We can’t afford that,” at least once to our kids in response to their request for something.

While that may be the easiest, most automatic quip, it’s a missed opportunity for a teachable moment. Sometimes you’re just tired of saying “No,” but it’s important that we lean into that conversation about why we’re not buying it and why/how we’re making different choices with our money.

The truth is, we probably can afford that. So, instead of accidentally frightening your kid into a scarcity complex (yep, that’s what really happens), intentionally replace that phrase with a new, more precise, more truthful expression like, “That’s not why we’re at the store today,” or “That’s not in the budget right now,” or “The money I’m spending today is only for groceries.”

It’s okay to tell your kiddo the truth about why your answer to their request is no, and it’s even more okay to have an in-depth discussion about budgeting, spending money on meaningful purchases, and investing for the future instead of instant gratification. Honestly, we adults struggle with these concepts too, so it’s a great idea to introduce them at a young age.  

If you replace the ‘we can’t afford that’ thoughtless response with an open conversation about financial choices, you and your kids will be much better off. 

What Should You Do Instead

The best thing you can do toward teaching financial literacy to your children is to model your own financial choices openly for them. Talk them through the options you have, why you’re making one decision over another, what bills you’re paying and why, and even the trade-off we all face in spending money versus saving it versus investing it. 

They need a taste of reality while still living at home to learn about decisions they will have to make when they are out on their own. Allow them to exercise their own spending habits and make the $20 or even $100 mistakes now because those are much better to learn from than the $1000 + mistakes they could make with rent money when they’re older. 

Share about your income and bills so they can see what it costs to live their current lifestyle. At the same time, share openly about what it was like for you when you first started out. Although it might be hard to talk about your mattress-on-the-floor and ramen noodle days, they need to know that your life wasn’t always cashflow positive. 

This openness can help them realize that it’s okay to start small and that, realistically, they won’t be living their current lifestyle when they move out. While that might be scary to some, you must help them see the value of that independence. With your help, they’ll begin their independent financial life with accurate expectations and knowledge of what utilities, transportation, food, and other necessities cost, and they’ll be less likely to feel like a failure in comparison to the lifestyle you’re able to provide. 

Positively Impacting The Next Generation With Financial Literacy

Create open lines of communication between you and your kids about money and financial subjects so that they can always come to you with questions, dilemmas, wins, and losses, and so that you’ll continuously have the chance to guide and teach even as they grow into early adulthood. 

We’re always learning, right?  So, again, it’s a great idea to model that for and discuss your journey with your kids. You don’t need picture-perfect finances to be an authority on the subject with your children. They’ve already looked to you for every answer they ever needed their whole lives, and they aren’t stopping now. 

In fact, it’s better if things are a little messy because they need to see firsthand that you’re always learning, winning, failing, researching, and trying again. Remember, reveal your wins and your losses so that the lesson you’re teaching is realistic and they can develop accurate expectations for their own financial life. 

The big thing is that you teach them the power of investing and help them get the correct accounts set up to practice and begin getting financial experience. Just imagine how different your trajectory would have been if you’d known about compound interest, passive income, and real estate syndication investments when you were their age!

Most of us didn’t get much of a financial literacy lesson from our parents, if at all. Fortunately, most of us are also absolutely determined to teach our children about money and break the cycle of financial illiteracy, struggle, and living paycheck-to-paycheck. With the simple tips and encouragement in this article, now we all have an opportunity to positively impact the next generation by teaching financial literacy to our kids!

How To Cultivate A Financially Successful Mindset

Sometimes, our investing journey may feel like a roller coaster. There are times with extreme highs, lows, and multiple medium-intensity moments occurring all in the same day.

Luckily, when you invest in commercial real estate, that roller coaster experience is a bit less volatile when compared to the stock market, but the highs and lows still exist. 

Every investment requires you to take on risk in exchange for the potential upside. 

The truth is, only 10%-20% of your success hinges on your knowledge, tactics, and the mechanical details you implement.

And that 80%- 90% of your success depends on your mindset.

You read it correctly!

Mindset has become quite the hot topic lately, but how do you cultivate a grit-oriented growth mindset that fosters investing success?

Make Your Dreams and Wishes Physically Visible

I heard a story recently about a real estate investor and how he made millions, lost it all, and then rebuilt it. His strong conviction in the power of a physical vision board really got my wheels turning. I can only imagine what it must have been like to have $50 million to lose in the first place!

I, too, have made vision boards and pasted pictures of objects and locations that I thought were far-fetched at best. Some of you practical, analytical folks may be questioning my sanity right now, but I’m telling you: vision boards work

Ready for a science fact? The reticular activating system in your brain recognizes the goals you make physically apparent (by cutting and pasting pictures onto a poster board) and subconsciously draws you toward those individuals, locations, and things in real life.

When you have an on-paper visual depiction of your greatest objectives and aspirations, you’re less likely to forget why you’re striving and more inclined to take tiny steps in the direction of achieving those goals.

Maybe those hopes and dreams will come true after years of hard effort, or perhaps you take baby steps toward your major objectives and achieve them in five or ten years. Nonetheless, gazing at your goals every day has scientific, yet seemingly magical power.

Use Your (Potential) Pain As A Tool

Intentional journaling may help you achieve a major objective-setting endeavor. I’m not talking about waking up and jotting down your feelings, disappointments, and daydreams over a cup of coffee every morning. Instead, this is a very focused 30-minute goal setting exercise.

Here we go!

Get a 10-minute timer, two sheets of paper, and a pencil. Within the next ten minutes, you’ll brain dump all of your greatest wishes and aspirations on one piece of paper. Write as quickly as possible without analyzing what you’re writing. Fill the paper with the most amazing places you want to visit, the most expensive items you wish to own, and the most prestigious events you want to attend. Hold nothing back, even if it feels completely out of your league, crazy or even impossible at this time.

When your 10-minute timer is up, underline your number one over-arching goal and circle your top three one-year objectives. On another sheet of paper, write each of those four items with plenty of space between them.

Set your 10-minute timer for another go, and this time, write a short paragraph under each objective about why you must accomplish it. Perhaps you want to show your kids what’s possible, break a family trend, or that one of those objectives has been a life-long ambition of yours. Use emotionally charged phrases to convey feelings and emotion as you write.

When the timer dings, set it for the final 10 minutes. This time, write beneath each goal what horrible agony you’ll suffer if you don’t achieve it. Will you let someone (or yourself) down? Will you be trapped in a cycle of failure? Will you allow yourself to be proven inferior by the world? Detail the immensely painful assumptions and feelings you’ll experience around failure.

People don’t make daily choices out of comfort, they do things to solve a pain point. Customers purchase items, participate in events, and undertake journeys in order to alleviate their problems. This technique works because, by using pain as motivation,  you’ll react eagerly to alleviate perceived suffering.  So don’t just read this through; Stop right now and complete the exercise; these next 30 minutes may alter your trajectory.

Make Your Dreams a Reality by Verbalizing Them

Claiming your goals aloud is one approach to developing a positive mental attitude toward money. Whether your friends or family think you’re nuts doesn’t matter. If you speak your objectives verbally, in full confidence that they will come true, you’re more likely to achieve them.

This is where a daily writing practice might be useful, or you may use affirmations every morning to boost your confidence in yourself as someone who can achieve the goals you’ve set. Many celebrities, including Oprah Winfrey, have utilized similar measures, whereas others, such as Demi Lovato or Jim Carey, have taken more action-oriented approaches by writing themselves a large check or posting on social media that they’ll sing the National Anthem at the Superbowl.

Another method to make progress using verbal power is to replace negative phrases in your everyday speech with ones that convey confidence, hope, and possibility. As an illustration, replace “I just can’t seem to get over this issue” with “I’m grateful for the chance to learn something new and develop.”

I’m not telling you to be a happiness robot, but rather, that you be aware of your thoughts and the language you use internally and externally. Start speaking as if your goals are attainable and have already been fulfilled.

Implement A Gratitude Practice

Gratitude is at the core of every achievement. Practice expressing gratitude for where you are in life, what you’ve learned from your experiences, and for the accomplishments that lie ahead.

A gratitude practice may be done through meditation, where you take 5-10 minutes each day to close your eyes and think about all the wonderful things you have. Journaling your appreciation is another excellent method to express your thanks.

Have you ever heard of a gratitude vision board? You can create this powerful tool by pasting pictures of your children, accomplishments you’re proud of, and experiences you enjoyed onto a posterboard. This is just like a vision board, except it’s full of things you already have and are thankful for. Each day, allow yourself to be emotionally engrossed in thanks when you see this board – for the individuals, places, and things who have added value to your life.

A gratitude exercise can be done at any time throughout the day, during a morning or evening routine, or even while exercising! Make a strategy to be grateful for all that has happened and all that will come your way, and put it into practice in your daily life.

Allow the Universe to Return The Favor

Now, you’re probably wondering what this has to do with money, financial freedom, or real estate. When your mindset is in a good place, you’re clear on your objectives, and have implemented gratitude exercises, energy (typically in the form of money) flows to assist you in achieving your goals.

So, no matter how silly you feel, start employing mindset work to build the life you desire. Create a personal regimen that leaves you feeling like your lofty ambitions are now real and feasible. You’ll be more likely to conduct research, spot possibilities, seize opportunities, and build relationships if your objectives are in view.

Perhaps you’ve decided to invest a million dollars in real estate one day, and you come across a strategy that encourages you to put $50,000 at a time into various stable commercial assets. WINK WINK

Then you come up with a brilliant idea to save (or earn $50,000 more) each year, specifically  and strategically toward your big goal.

Practice gratefulness, go through the 30-minute goal-setting session, state your objectives verbally with the universe, and make a vision board; if you don’t, you’ll never know what might have occurred if you did.