By: Maria Williams
Like the broader economy, the real estate market is subject to the ebbs and flows of various external factors. Real estate professionals, including mentors and coaches, play a significant role in helping individuals navigate the market’s complexities. They guide people on leveraging market conditions to their advantage, whether through capitalizing on low interest rates, adapting to inflation, or embracing new technologies.
Stephen Davis, the founder and CEO of Total Wealth Academy and a seasoned real estate investor, employs a unique approach to real estate coaching that sets him apart. His philosophy revolves around creating one’s economy—a principle that empowers individuals to achieve financial independence regardless of external conditions.
Davis’s approach stems from the belief that individuals can create their economic conditions by focusing on what they can control. For instance, many believe the president’s policies directly impact the real estate sector. Politicians often claim they can drive economic prosperity if elected, leading people to pin their financial hopes on election outcomes. The founder argues that this perception is misleading.
Statistics support Davis’s stance. Historical data shows that real estate markets have thrived under various administrations, irrespective of the president’s party. For instance, the average annual home price appreciation when Barack Obama ended his term in 2017 was 5.2%. Meanwhile, it was 7.6% when Donald Trump finished his term in 2021. These figures illustrate that real estate can prosper regardless of who occupies the White House.
Davis then encourages individuals to take control of their financial destinies by building multiple income streams, particularly through real estate investing. After all, one can mitigate the impact of economic downturns by diversifying income sources.
He also highlights that a positive and proactive mindset is crucial. Davis believes fear and negativity, often fueled by sensational news, can hinder success. “The news doesn’t always present the truth. It can skew your perspective,” he notes. “You need to create your own narrative and not let external negativity dictate your actions.”
The industry expert emphasizes that a well-informed investor is a successful investor. Continuous education in real estate, finance, and investment strategies is crucial. Total Wealth Academy offers comprehensive training to equip individuals with the knowledge they need to succeed.
It teaches how to develop resilience by building a robust investment portfolio and adapting to changing circumstances to recover from setbacks. Here, Davis advises employing a strategic approach to investing instead of reacting to market fluctuations. This means identifying high-potential properties, understanding market cycles, and leveraging financial instruments effectively.
Essentially, Total Wealth Academy provides a comprehensive curriculum covering active and passive investing, leveraging real estate for high returns, and mitigating risks. It begins with a Free Sample Class, offering insights into real estate investing fundamentals. On the other hand, the Saturday Life/Wealth Mastery Workshop in Houston and online provides an intensive learning experience, delving into various aspects of real estate investment.
Members benefit from unlimited coaching and question-and-answer sessions, ensuring ongoing support in their wealth-building journey. Monthly classes on building wealth and leading a balanced life further enrich the educational experience. These are available both live and online.
Navigating the real estate market when economic conditions fluctuate requires adaptability, education, and a proactive mindset. Stephen Davis’s unique approach to creating one’s own economy empowers individuals to take control of their financial destinies, independent of external factors. Davis and Total Wealth Academy provide guidance for achieving financial independence by focusing on self-reliance, continuous education, and strategic investing.
Published by: Khy Talara
