Episode 22 – Wealth Building Part 2: Property Investment in New York City & Beyond

Episode 22

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Over 90% of millionaires are invested in real estate for a reason. Learn more as Aidan dives into using Real Estate as an investment in part 2 of our wealth-building trilogy.

In this episode, Aidan interviews New York City property expert Weimin Tan about property investment, and why it’s a good investment vehicle for some people. Take an inside look at how Aidan invests in the Manhattan real estate market, what to look for in a property, and a basic ‘numbers game perspective’ to guide your real estate investment journey.

Podcast: Download (Duration 46:56 / 43.4MB)

Timestamps:

  • 00:00 Intro
  • 02:10 Special Guest
  • 05:16 Episode Sponsor
  • 05:49 Why Get Into Real Estate Investments
  • 09:05 The Manhattan Real Estate Market
  • 13:43 Negotiating Property Deals
  • 16:54 What To Look For In A Property
  • 20:44 Return On Investment
  • 25:25 Rental Contracts
  • 28:45 Expenses When Buying Real Estate in Manhattan
  • 31:34 Starting Price of Manhattan Property
  • 33:18 Where To Check Out the Manhattan Market
  • 33:47 Common Mistakes and Problems To Watch Out For
  • 35:09 Property Brokers
  • 37:59 Other Mistakes to Avoid
  • 40:25 Talking to Kids About Investing
  • 42:47 Recommended Books On Real Estate
  • 45:30 Outro

Links Mentioned:

Resources:

About Our Host:

Aidan Booth is passionate about lifestyle freedom and has focused on building online businesses to achieve this since 2005. From affiliate marketing to eCommerce, small business marketing to SAAS (software as a service), online education to speaking at seminars, the journey has been a rollercoaster ride with plenty of thrills along the way. Aidan is proud to have helped thousands of entrepreneurs earn their first dollar online, and coached many people to build million-dollar businesses. Aidan and his business partner (Steven Clayton) are the #1 ranked vendors on Clickbank.com, and sell their products in over 100 countries globally, as well as in 20,000+ stores across the USA, to generate 8-figures annually.

Away from the online world, Aidan is a proud Dad of two young kids, an avid investor, a swimming enthusiast, and a nomadic traveler.

Let’s Connect!

Connect with Weimin Tan via castle-avenue.com

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