EP 141 | Profit Boss® Radio
Welcome to episode 141 of Profit Boss® Radio! Over the last few episodes we have been talking a lot about building your wealth. For many of you owning your own home will be a critical part of your wealth building journey. Also, investing is integral to building your wealth as well.
This episode is occuring not long after the April 15th tax deadline. So, I am taking a moment to talk about contributing to tax-deferred investment accounts and how it can help put you in a better position come tax season next year.
There are many shows on TV where they make home buying seem like such an easy-breezy experience. You select three homes and pick the one you like the best and then you move in. They do not show the behind the scenes process. In reality, there are many moving parts to navigate the real estate world, and I share some insightful tips in this episode.
Tune in to this week’s episode as I share how to qualify for mortgages, how to write and strategize your offer to stand out in a competitive situation, and so much more! I also reveal my own crazy whirlwind home buying journey that I believe provides excellent advice and encouragement to anyone preparing for their own real estate journey.
Here’s what you’ll find out in this week’s episode of Profit Boss® Radio
- The importance of investing in tax-deferred accounts
- What are the yearly IRA contribution limits and deductions
- My personal home buying journey
- Understanding the up-to-date regulations in the home buying process
- How to understand the mortgage process from beginning to end
- Why mortgage debt is not bad debt
- Tips to make sure you can qualify for a mortgage
- One of the top secrets in real estate buying (hint: don’t get attached to your first option)
- The exact strategy I used to negotiate buying my home
- Home buying negotiation tip: Don’t start at your top dollar amount.
Resources and Related Profit Boss® Content Mentioned in this Episode
- Episode 67| Profit Boss Radio | How To Buy Your Dream House in 28 Days in a Sellers Market Without Multiple Offers
- Episode 68| Profit Boss Radio | Home Buying Secrets from America’s Mortgage Mentor & Award-Winning Realtor
- A Beautiful Mind, “Ignore The Blonde”
- White Paper
Apply to the $50K Wealth Multiplier Experience
The $50K Wealth Multiplier Experience applications are now LIVE! The 2019 $50K Wealth Multiplier is open to ten women, so make sure to register as soon as possible. There is an investment and commitment to be apart of this year’s cohort. Jen and I will be spending a massive amount of our time, intellectual capital, and resources to launch participants on their financial journeys to discover their full wealth potential. If you are interested in more accountability, coaching, 1-on-1 work and more make sure to apply now!
Call for Listener Stories
Hey Profit Boss® Radio listeners! If you reach a financial goal you’re proud of, tell me about it! I will continue to share listener win stories throughout 2019. Remember, the Profit Boss® community is here to support you and that includes celebrating with you when you accomplish something incredible.
- If you crush a specific financial goal, I want to hear from you.
- If you’re thankful for something that has happened in your financial life or career, I want to hear from you.
- If you are making big financial or career plans, I want to hear from you!
Your financial success is possible and so many of you are already making that a reality! So, don’t keep your wins to yourself! Share them with me so that I can air them throughout the year on Profit Boss® Radio.
Email your audio clip to email@example.com. And we’ll be in touch if we plan to air your story. Thanks, ladies!
And let’s not forget that this show is powered by you and your stories and questions. Every month I’ll be doing an #AskHilary episode where I answer listener financial questions.
- So, what’s that top of mind money question that’s been pinging around in your brain?
- Where have you been stopped?
- What have you been arguing with your spouse or significant other about?
- What tip or tool aren’t you sure about?
- Do you have questions about saving? Spending? Budgeting? Investing?
Pick up your mobile phone right now. Yes, right now. And open your voice recorder app. Yep, go ahead and open that app and record yourself asking me that question. Just say your name, first name only is okay, and then what city you’re from, and then ask away.
Anything you want to ask. And once you’re done recording, export that beautiful little recording and email it to firstname.lastname@example.org. I can’t wait to hear your questions!
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Hendershott Wealth Management, LLC and Profit Boss® Radio do not make specific investment recommendations on Profit Boss® Radio or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and should not be taken as investment advice or acted upon by individual investors. The opinions expressed in this episode are those of Hilary Hendershott, CFP®, MBA.