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In this episode of The School of Greatness, Lewis sits down with Glennda Baker, a seasoned real estate expert with over 30 years of experience. They dive deep into the intricacies of real estate investment, focusing on how to create generational wealth through strategic property purchases. Glennda emphasizes the importance of buying property as soon as possible, even with minimal down payments, to avoid being sidelined by large institutional buyers. She shares invaluable advice on avoiding ego-driven purchases, the pitfalls of HOAs, and the significance of patience in wealth building. Glennda also discusses the critical soft skills needed in real estate, such as patience, and warns against being swayed by vanity. She opens up about her personal experiences, including past mistakes and the lessons learned from them, providing listeners with a candid and inspiring look at achieving financial freedom.
0:00 Intro 00:03:25 - Investing in Real Estate for Generational Wealth 00:07:12 - Building Generational Wealth through Patience 00:10:53 - Investing in Real Estate for Your Future 00:14:29 - Overcoming Obstacles in Business and Investments 00:17:53 - Understanding Real Estate Investments 00:21:13 - The Importance of Understanding What You're Buying 00:24:49 - Cash Flow Issues and Learning from Mistakes 00:28:33 - Financial Mistakes and Distractions 00:32:20 - Discovering Self-Worth and Building Moments of a Lifetime 00:36:29 - A Powerful Moment with Tony Robbins 00:39:56 - Creating Boundaries for Personal Freedom 00:43:31 - Learning from Relationship Mistakes 00:47:09 - Overcoming Losses in Life and Marriage 00:51:13 - Money and marriage: Lessons and conversations 00:54:54 - Money and Relationships 00:58:28 - Lessons Learned from Divorce and Home Buying 01:01:44 - Negotiating Real Estate Deals 01:05:23 - The Five Reasons People Do Life 01:08:50 - Building Wealth Through Real Estate 01:12:16 - Investing in Real Estate 01:15:36 - Building Cohesive Relationships in Real Estate 01:18:58 - Connecting with People on Social Media 01:22:29 - Impacting, Inspiring, and Informing People
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