In this episode of The Real Wealth Formula, Brad Hovis breaks down the difference between simply doing real estate deals and building a real estate business. He shares why active real estate investing, when treated as a business, can create more consistent income, bigger paydays, and long-term scalability. Brad explains the four essential aspects of running any business, how to balance passive and active investing, and why building skills and systems is key to escaping the rat race without giving up financial stability.
Key Takeaways
- Real estate deals can produce large one-time profits, but a business creates ongoing income and scalability.
- Active real estate investing should be approached like any other business, with focus on marketing, sales, fulfillment, and support.
- Passive income strategies are important, but active operations can accelerate financial freedom.
- You do not have to quit your job to start; you can build your business part-time until it replaces your income.
- A variety of tools and strategies allow you to adapt to different deal scenarios and market conditions.
- Outsourcing tasks you are not skilled at helps you grow faster and avoid burnout.
- Learning the business takes time, just like any other professional skill.
- The goal is to create a sustainable system that allows you to focus on the parts of the business you enjoy most.
Resources and Links Mentioned
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