33. 5 Key Takeaways from BRRRRCON

What happened at BRRRRCON '23? Palak and Niti are brimming with joy and enthusiasm as they report back to their Open Spaces community on what happened at the most happening real estate convention in 2023!And for those of us who weren't fortunate enough to be there in person, this episode is a wonderful opportunity to glean the latest real estate tips, for free, as our favorite real estate couple share their 5 Key Takeaways from BRRRRCON 23!Learn why buying and holding is the key to wealth and why investing is a team sport. Discover the 7/2/1 Formula for spending, saving, and investing as you look to next year with renewed focus and optimism for your property plans. You never stop with your own learning process and this episode (hot off the press!) is a fantastic opportunity to learn from the best! There's also a Bonus Takeaway lesson from Niti that is sure to resonate with parents out there! Please join us. "Whether you plan to quit your job or not, it doesn't matter. The whole idea is optionality. If you have a second stream of income, if you have a few rentals, that gives you the option at some point to say, 'Hey, I'm going to quit my job'." ~ Niti JamdarIn This Episode:02:08 Welcome to the 5 Key Takeaways of BRRRRCON 202303:00 Takeaway #1: Never depend on a single income 04:19 The 7/2/1 Formula on How To Save 05:45 Invest First, Then Spend06:37 Out of Sight, Out of Mind08:35 Takeaway #2: It's not about the cashflow in the short term11:02 Learning not to track cashflow as a KPI 12:52 Takeaway #3: Billionaires are obsessed with Buying and Building 14:15 Why Buying and Holding is such a Great Plan16:20  Takeaway #4: Investing is a Team Sport19:58  Takeaway #5: Investors understand Unlimited ROI21:27 Never stop with your own learning process23:10 Bonus Takeaway: Think about your WHYResources:Get a copy of Accelerate Your Real Estate https://a.co/d/bdW6j7KBook a call - http://www.openspaceswomen.com/bookacallFREE 5-Day Real Estate Investor AcceleratorConnect with Palak and NitiWebsite: https://www.openspaceswomen.com/Instagram: https://www.instagram.com/openspaceswomen/Facebook: https://www.facebook.com/openspaceswomenTwitter: https://twitter.com/openspaceswomenLinkedIn: https://www.linkedin.com/company/openspacescapital/YouTube: https://youtube.com/@openspaces1251TikTok: https://www.tiktok.com/@openspacesacademy