Description

"If you're not buying real estate you're not keeping  up with inflation. So do you want to lose, or do you want to keep up?” - Mike  Swaleh

Episode Summary:

Returning guest Mike Swaleh,  reviews the 4 different ways you can grow your wealth as an investor. Mike and Joel discuss past housing market trends and what they expect in 2023!

About Mike Swaleh:

Mike Swaleh is a serial entrepreneur with over six businesses. He has been in the mortgage industry for over 15 years and he is the area manager for Fairway Mortgage with 3 branches (2 in St. Louis, MO and one in Destin, FL). He is a great storyteller and a great leader. 

In this episode:

• The mindset of an active investor
• The housing market  influx
• Acquiring real  estate assets
• The four pillars of wealth  building for investors
• Investing in  a rising rate economy
• Normalizing the housing market
• Assets vs. debt
• Rate expectations for 2023

Key Takeaways:

• Always learn from your mistakes.
• Increasing your debt, to increase your income by a greater amount, will pay off.
• Learn from those who have come before, and rely on their expertise.

Connect with Mike Swaleh:

• linkedin.com/in/michael-swaleh-home-loans
• cuttingedgeloans.com 
• Fairway_STL
• https://www.facebook.com/mike.swaleh

Connect with Joel Farrell:

• www.joelfarrellloans.com 
• joel.farrell@fairwaymc.com
• https://www.linkedin.com/in/joelfarrellvaloans/
• https://www.youtube.com/channel/UCISoNioAVR083iLErviv6pQ/featured
• https://www.instagram.com/strivefor25_/
• https://www.instagram.com/jomifa8301/?hl=en

Audio and show notes by Premier Podcast Promotions

Skool Guide: https://www.skool.com/strive-for-25-1965/classroom

Youtube Episode: https://youtu.be/AstrTNZMEec?si=payTCkaKFRv29Znv