Couverture de How to Get Started with Real Estate with Mike Turner - 209

How to Get Started with Real Estate with Mike Turner - 209

How to Get Started with Real Estate with Mike Turner - 209

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In this week’s episode of Money Talk, I sat down with Mike Turner, a real estate entrepreneur, author, and educator with over 20 years of experience building wealth through real estate. Mike brings a fresh, practical take on how to get started without betting the farm, the mistakes to avoid, and why he now focuses on manufactured homes and partnership-based investing to create real passive income streams.

Whether you’re just curious about real estate or ready to take your first step, this episode will help you see investing in a new light. We break down REITs versus direct investing, why debt can be so risky, and how to start building income streams that aren’t tied to your time.

💰 This Week's Money Talking Points:

  1. What excites you about real estate investing?
  2. Why does real estate seem so daunting?
  3. How does real estate impact someone’s wealth

🔗 Resources & Mentions:

  • Mike Turner Life: Learn more about Mike’s work, resources, and free investment club at https://miketurnerlife.com
  • Financial Planning for Young Adults: My new podcast to help young adults start their financial journey—linked in the show notes

⏱ Time Stamps:

[04:05] The excitement of building income streams and financial freedom

[08:00] Why real estate feels so risky—and the dangers of leverage

[13:30] REITs vs. direct real estate investing: where to start

[16:11] Mike’s low-risk strategy: affordable housing and manufactured homes

[21:10] Partnering instead of borrowing to remove risk

[28:00] The importance of networking and finding mentors in real estate

[33:10] Common mistakes new investors make and how to avoid them

[36:17] Mike’s biggest lesson: building income not tied to your time

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Find even more Money Talk at moneytalk.show/quick-links

"Upbeat Forever" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 http://creativecommons.org/licenses/by/3.0/

Want to be a guest on Money Talk? Send Skyler Fleming a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1636686037273x290834786321762400

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