Real Estate: The mindset difference between rich buyer and sellers and the middle class

<p>Summary</p> <p> </p> <p>It’s important to have a positive mindset when it comes to building wealth and achieving success in real estate. There is a difference between the middle class and the rich when it comes to buying and selling real estate.  The rich focus on finding a property that meets their high standards and tastes, while affordability is the biggest concern for the middle class.  Rob and Phillip touch on the topic of ensuring privacy for properties and suggest the idea of putting it in a trust if it's a primary residence or an LLC if it's an investment property. </p> <p> </p> <p>Chapters</p> <p> </p> <p>| **Timestamp** | **Summary** | | ------------- | ----------- | | 0:00:01 | Introduction to the podcast and sponsor | | 0:00:44 | Philip introduces the episode with Realtor Rob Lewis | | 0:01:02 | Discussion on the ease of wealth building | | 0:02:29 | Mindset being the key to wealth building | | 0:03:05 | Discussion on playing Jesus in the drama ministry | | 0:04:07 | Idea of redoing The Last Supper art piece | | 0:04:50 | Explanation of the true meaning of The Last Supper | | 0:05:34 | Discussion on the Medici's and the image of Jesus | | 0:05:44 | Differences between the rich and middle class in real estate | | 0:07:13 | Real estate as a means of winning and growing wealth for the rich | | 0:08:04 | Ensuring privacy and security for properties through trusts and LLCs | | 0:09:49 | Differences in mindset of the rich and middle class in buying and selling properties | | 0:10:22 | Safety and security as a top concern for the rich | | 0:11:20 | Feeling surrounded by people who are similar as a form of security for the rich | | 0:11:37 | Differences in mindset between working class and middle class in building wealth | | 0:13:00 | Perception of wealth and race in segregating neighborhoods | | 0:15:56 | Society's subconscious thought on systemic practices | | 0:16:26 | Importance of enlightening people to think differently | | 0:16:32 | Rob Lewis' contact information | | 0:17:11 | Rob Lewis' nickname as