Money Grows on Trees

Lloyd's Love Hate Relationship With Real Estate

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September 24, 2023 4:00am

18m

Welcome back to Money Grows On Trees: The Podcast, where we explore the fascinating world of finance and wealth-building strategies. Your host, Lloyd Ross, The Millionaire Money Mentor dives into the depths of his personal connection with real estate. It's a love-hate relationship that has shaped Lloyd’s financial journey and may challenge your own perceptions of this lucrative investment avenue. If you've been following Lloyd on social media or engaging with his content, you might consider your Millionaire Money Mentor an unlikely advocate for real estate. After all, he doesn't currently own any properties and hasn’t discussed it extensively before. Yet, there's more to this story than meets the eye. What does Lloyd love and hate about real estate? Join us as we delve into Lloyd’s background, which includes his experience as a lawyer specializing in property law, a real estate developer with a global powerhouse, and a successful entrepreneur who has built businesses exceeding seven figures. Through these experiences, Your Millionaire Money Mentor has come to realize that real estate holds both tremendous potential and unexpected pitfalls. But here's the twist: Lloyd consciously chose to distance himself from traditional real estate investments at this stage of his life. Instead, he’s focused on building and scaling businesses, which has granted Your Millionaire Money Menotr unparalleled financial independence and the freedom to explore the world on his terms. However, it's crucial to emphasize that Lloyd’s decision is not rooted in ignorance. Quite the contrary, his extensive knowledge and understanding of the real estate market have shaped Your Millionaire Money Mentor's perspective on its advantages and challenges. In this episode, we'll delve into what Lloyd loves about real estate – its predictability, steady cash flows, and the leverage it offers for wealth creation. We'll also explore what he dislikes – the transacting costs, short-term unpredictability, and the responsibility it entails. So, why has Your Millionaire Money Mentor chosen to sidestep this game embraced by many? What factors have guided Lloyd’s journey towards alternative wealth-building strategies? And most importantly, what can you learn from his experiences to shape your own financial path? Get ready for an eye-opening discussion as we explore the love, hate, and untapped potential of real estate. Welcome to "Money Grows On Trees: the Podcast" Money Grows on Trees Team