.svg)
S4 EP 239: How to Build Generational Wealth with Luxury Homes with Shawn Elliott
REady2Scale - Real Estate Investing
"The house we're looking at now is $4 million. So, his down payment would be about a million, around 75% LTV. The house payment with taxes is somewhere around $12,000 a month. That house which is a $4 million house on the water, with a pool, on the intercoastal in Miami, could AirBnb for $1,500 a day."
It's no secret that real estate is a great way to create generational wealth. But not all real estate is created equal. This week's guest is Shawn Elliott, President of the Ultra Luxury Division of Nest Seekers International and sought-after expert in the industry with over $5 billion in sales. Listen in as we discuss the unique opportunities luxury homes offer investors and explore the key factors that make luxury home investments so lucrative.
Key Takeaway
Luxury home investments offer a unique opportunity to build generational wealth. By understanding what makes these properties so desirable, you can position yourself to take advantage of this lucrative market.
How to Contact Shawn: shawnelliott.com
Are you REady2Scale?
Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices