REAL ESTATE MOGULS

In the captivating episode of "The Real Estate Moguls Podcast," hosted by Jennie Raymer, we are introduced to the incredible journey of real estate broker Joey Bachewicz. His story is one of resilience, determination, and the unwavering belief in the power of real estate investments. As we dive into his experiences, we uncover valuable lessons and insights that can guide us towards building our own path to financial success.

Joey Bachewicz, a true expert in his field, shares his wisdom and knowledge with the utmost passion and authenticity. His story serves as an inspiration for anyone looking to create wealth and achieve financial freedom through real estate. As the host, Jennie Raymer skillfully guides the conversation, highlighting the key moments and extracting valuable nuggets of information for the listeners.

One of the fundamental lessons we learn from Joey's journey is the importance of mindset and discipline when it comes to investing in real estate. He emphasizes that by understanding the trajectory of a property, one can strategically pay off a mortgage in a shorter period of time, often less than ten years. With the right approach and without adding additional funds, it is even possible to pay off a property in as little as five to seven years. Joey's practical advice and insights empower the reader to envision their own successful real estate ventures.

The discussion also touches upon the realm of Airbnb rentals, revealing the potential for additional income streams. Joey highlights the importance of reviewing guest reviews and emphasizes Airbnb's protocol of having the registered guest be the one to arrive at the property. While he acknowledges a few instances of uncomfortable situations, Joey assures that such occurrences are rare and can be managed effectively through proper screening and adherence to Airbnb guidelines.

Joey's experience challenges the common misconception that one needs to start with large properties or multi-unit buildings to enter the real estate investment realm.

He advocates for starting small in the Airbnb market, where one can have more control and gradually expand once confidence and experience are gained. His own journey began with a 25-unit building at the age of 22, demonstrating that ambitious goals are within reach for anyone willing to put in the effort.

As we navigate through Joey's real estate ventures, we are reminded that the current economic climate provides abundant opportunities for investment. 

While some may view rising interest rates as a deterrent, Joey highlights the potential for distressed properties and foreclosures, which can become prime investment opportunities. By adopting the right mindset and actively seeking out these opportunities, one can create their own success story regardless of market conditions.

Joey Bachewicz's journey as a real estate broker is a testament to the power of perseverance and strategic thinking. By following his footsteps and embracing the opportunities available, you can embark on a transformative path towards financial independence. Remember, the key lies not only in seizing existing opportunities but also in creating your own. As Joey affirms, "You don't find great deals, you gotta create 'em." The real estate investment realm is waiting for you to make your mark, so start building your empire today.