Shawn Moore built a meaningful lifestyle by purchasing vacation homes, but without the downsides of traditional real estate investing. This, based on his latest Facebook advertisement.
Before I drop my Vodyssey review (formerly known as Lifestyle Asset University), you could consider watching this case study. You'll learn about our online rental property process, that you simply might like even better than what Shawn teaches.
What Is Vodyssey?
Vodyssey , at least in line with the limited information available on the site, is an application which could assist you to purchase vacation homes without fretting about the pitfalls connected with traditional real estate investing.
Basically, it is a coaching program that will show you just how to earn passive income by purchasing vacation homes. The program is created by Shawn Moore.
The website is really not that helpful, as all it showed me is a vague explanation of what this program is all about, and before I can also try to find answers in the video, they're already seeking my contact information.
When you have been an enthusiastic reader of this website, then I believe you already know my stance as it pertains to websites that restrict content, and require personal information to access. It's just not my thing, as I am focused on where my information eventually ends up in.
That aside, there's really no other information available about the program, so I made a decision to dig only a little deeper.
IS REAL ESTATE FOR EVERYONE?
This portion of the Vodyssey review is specialized in explaining why the actual estate industry simply isn't for everyone.
People who do not need enough money to begin purchasing real estate aren't automatically qualified. You can't simply enter the actual estate market because you want to. Making the decision to begin a real estate-related business is a significant step since it entails an important investment of both money and time.
As if it were simple, many reality shows romanticize the idea of making rapid money by purchasing and selling real estate assets. Be aware: this business strategy isn't as simple as it seems on television.
What's more, real estate requires serious manpower. You can find way too many aspects in the business. Not merely can you need to learn how investing works; additionally you need to know about the other processes like renovating, interior design, and many more.
Knowing how to learn a real estate market is just the beginning. You have an extended road before you, one that will be more difficult as time passes.
If you want to be successful in real estate, you will need the best resources. If there isn't enough money, I would suggest starting an other form of business. Real estate acquisition is not really a cheap undertaking.
To win in this market, you will need higher than a keen eye for potential investments and some negotiation skills. I don't advocate entering the industry if there isn't both.
And then, ok last one, you still have to place money down and make mortgage payments on any vacation homes you buy. At the least, and soon you start renting'em out. (But what goes on if nobody books?) Finally, in the end that, some management company will bleed you dry.
Wow. I require a nap just thinking about it. For me, it doesn't matter what Vodyssey costs. It is a hard-no. I respect Shawn, but don't vibe with him at all. And the biz model? Compared from what I really do? Yeah, no. Awful https://scamrisk.com/vodyssey/.
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