Is Real Estate The Best Way To Build Wealth?

Deeper Than Money

Chloe Elise

Finance, Debt, Millennial, Credit, Investing, Saving, Business, Freedom, Mindset, Millionaire, Budget, Money, Loans, Relationships

5 • 803 Ratings

🗓️ 13 June 2024

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this week's podcast episode Chloe is giving a little life update as well as talking about her newest property. While it's exciting to talk about buying property, it can also lead to the question of "Should I be buying property?"So today Chloe is sharing her thoughts on if real estate is actually the best way to build wealth and what are the pro's and cons of doing so! Learn more about The Wealth Accelerator Here: https://docs.google.com/forms/d/e/1FAIpQLSdBp_6SAOK1Tk4BBKdozL...

Transcript

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0:00.0	Hi and welcome to the Deeper Than Money podcast. I am your host, Chloe Elise. I'm a millennial money
0:11.3	coach speaker, dog mom, and a seven on the enneagram, and I am on a mission to prove to you
0:17.2	that finances can be fun and easy. On the Deeper Than Money podcast, we will dive into all things millennial finance, debt,
0:25.9	saving mindset, and how to have financial freedom to enjoy life in your 20s and 30s.
0:31.7	I want you to leave this podcast with more confidence around your Moolah
0:35.6	and the belief that your biggest financial dreams are
0:38.2	possible for you.
0:39.4	So let's talk money.
1:02.3	Hello and welcome back to the deeper than money podcast. What is up? What the hell is up?
1:14.7	I have been just absolutely zigzagging around and loving every second of it. I shared on my Instagram story the other day,
1:19.1	but the last two weeks, you know how people are like, oh, this is the week from hell.
1:23.5	The last couple of weeks have kind of been like the week from heaven, if you will. Like,
1:32.5	they've been so fun and so great. And despite having a lot on my plate and when I say a lot in a way probably like the most I've ever had on my plate because a lot of the things I've
1:39.8	on my plate in the past like again my full-time job you know being the CEO of deeper the money and like
1:45.9	all the things that we do with work and then I have you know property in Nashville um that's a full-time
1:55.2	short-term rental property and you know a crazy busy personal life And then I have a property that I use for myself as a
2:04.4	vacation home, my lake house, and then my property, like my house that I live in. And just this week,
2:12.9	just, I guess last week, I bought my fourth property and I'm so sticking excited about it. I'm so excited
2:20.1	about it. But it's been so wild. Particularly for this property, I will definitely be using it personally.
2:27.3	I also have my family all lives in Iowa and they come to visit a lot. so they my family will use this property. My team
2:37.7	flies in quite a bit and we'll be able to use this property for staying in as well. And then when I
2:44.3	am not using it for any of those said things, I will be renting it out. And so the last like I don't even know how long it's been a little bit over a week,
	...

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