How to Get Off the Entrepreneurial Hamster Wheel with Goose McGrath from Dashdot
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When it comes to investing in real estate, it's important to dispel the misconception that it's a hands-off endeavor. While having a substantial amount of capital is certainly crucial, it's important to understand that merely having money doesn't guarantee success in the real estate market.
Today, we are joined by a renowned property expert, Goose McGrath, who enlightens us on the active nature of property investment. He challenges the mindset that passive involvement is sufficient and emphasizes the need for proactive engagement. In this enlightening podcast episode, we explore various strategies to make the most of your hard-earned money, debunking the notion that you must wait for specific business milestones before diving into real estate investments.
Tune in now and gain valuable insights on how to foster continuous growth in your real estate ventures. Take a deep dive into this episode to discover practical tips and expert advice that can propel your business forward.
Episode Highlights:
00:00 - Welcome to another episode of The Kim Barrett Show
01:04 - Who is Goose McGrath?
03:16 - No rules of thumb, only “What do I do?” moments
05:26 - Figure out a holistic approach to your goal
08:38 - View on business and tax rates
10:54 - The big fallacy about capital growth
12:47 - What to look out for to succeed in property
16:50 - The time investment in engaging in real estate
20:16 - Time is more valuable than money
21:24 - Effective return of investment
22:30 - What to prepare to invest in real estate
24:06 - Requirements for non-business owners
26:50 - Why Goose loves working with business owners
30:31 - Set a goal and treat property as a business
Resource Links:
About Goose McGrath:
Goose McGrath is the CEO of Dashdot Buyers Agents and the acclaimed author of Limitless: The Renegade’s Guide to Building Wealth Through Property. Goose, together with his team at Dashdot, are on a mission to help entrepreneurs build scalable property portfolios so that they can live a life of freedom, choice, and abundance. When it comes to growing your income through real estate investing, he is your man.
Connect with Goose McGrath:
Connect with Kim Barrett:
Thank you so much for listening! If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.
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