I thought I knew everything there was to know about homeownership, until I met Orly Dude. She shattered my expectations and opened my eyes to the unexpected financial potential that comes with owning a home. As an architect, rehabber, investor, realtor, and mortgage loan officer, Orly has a unique perspective on the industry. She taught me the importance of setting goals and thinking outside the box, including considering multi-unit properties and leveraging assets. Now, I'm on a mission to share this knowledge with others who, like me, never knew the full extent of the financial benefits of owning a home. Join me on this journey towards financial stability and creating a brighter future for ourselves and our families.
In this episode, you will be able to:
- Grasp the essentials of real estate and homeownership in the modern age.
- Comprehend the impact of goal setting on real estate success.
- Analyze unique real estate alternatives, such as multifamily dwellings and granny annexes.
- Determine the financial advantages associated with homeownership.
- Identify suitable professionals and the responsible use of borrowing power in real estate.
Nothing is obvious really when you rethink about that.
The resources mentioned in this episode are:
Website www.AskOrli.com
FB: Ask Orli
- Check your zoning. Make sure you are aware of the limitations and what you are allowed to do with your property.
- Consult with a professional. Do not take shortcuts when it comes to safety and liability. Hire a professional to ensure everything is done legally and properly.
- Consider renting out part of your home for additional revenue. Think creatively about how to create privacy and make it work for you.
- Research garden suites or granny suites as an option for additional revenue on your property. However, be aware that permits and regulations vary by city and township.
- Step into challenging situations and find solutions. Get involved in your community, council, or chamber to find solutions and make a difference.
- Don't be a secret agent as a realtor. Start a conversation with potential clients and offer specific advice and resources to help them achieve their real estate goals.
- Encourage young adults to plan and prepare for homeownership. Offer guidance and resources to help them understand their options and achieve their goals.
- Consider the financial implications of your real estate decisions. Set specific goals and prioritize them to make the most of your investment.
Connect with me here:
- https://www.linkedin.com/https://www.linkedin.com/in/kim-hayden-74a203181/
- https://www.facebook.com/https://www.facebook.com/groups/827376088258570
- https://www.twitter.com/https://twitter.com/Kim_Hayden1
- https://www.youtube.com/https://www.youtube.com/channel/UCowz4fs2_3aPu8D5d1NAmQw
- https://www.youtube.com/https://www.youtube.com/channel/UCowz4fs2_3aPu8D5d1NAmQw
- https://www.500-doors.com/