Create Long-Term Wealth by Investing in Real Estate with Dirk Zeller

Live life on your own terms! In this podcast, Dirk Zeller talks about how to create long-term wealth and freedom through investment properties. Find out how to start, what the most successful methods are, and why this could be your best career move yet.

*REDX maintains the position that all agents should be compliant with state and federal telecom laws. Learn more here. Find more episodes of The REDX Podcast here.



Jump to topics: Read the topics below and scroll the video to the time listed.

• 02:42 – Why did Dirk get into real estate investing?
• 04:40 – Why is it important to save and reinvest my earnings?
• 10:25 – How can I start investing without cash?
• 13:17 – Is it better to flip properties or focus on long-term investments?
• 16:10 – How much money do I need to start investing?
• 19:54 – Why is saving money so important?
• 23:03 – Where should I look for my first investment property?
• 25:05 – What’s the process for buying an investment property?
• 27:45 – How can I determine if a property is worth investing in?
• 30:57 – Is it more important to focus on price or cash flow?
• 34:42 – How can I calculate my cash on cash return?
• 40:40 – Is there an advantage to being an agent when investing?
• 43:05 – How can I invest through my retirement account?
• 50:20 – What resources and tools does Dirk use for his investment properties?

Quotes

• 03:52 – “Wealth is created through investing in real estate.”
• 19:54 – “Don’t spend more than you make.”
• 31:03 – “Focus less on price and more on the other levers you can move to create more cash.”

Reach Dirk:

Website
Facebook

Key Takeaways



About REDX

REDX offers real estate professionals a complete all-in-one prospecting platform for generating listing appointments. The platform includes seller leads, a dialer with up to three lines, and a lead management tool for simple follow-up. REDX maintains the position that all agents should be compliant with state and federal telecom laws – learn more here. Call (800) 731-7339 option 1 to learn more about prospecting FSBOsExpiredsFRBOsPre ForeclosuresGeoLeads, and our Power Dialer – or visit www.redx.com

 

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