216. Lessons Learned from Tech to Buying Real Estate with John Foong

Do you want to make smarter financial decisions and achieve success in real estate investing? How can tech professionals leverage their skills to excel in the real estate market? Look no further! This discussion will reveal the solution to achieving improved financial decision-making and prosperous real estate investments. 

Join us on Average Joe Finances as our guest, John Foong, unveils how his Silicon Valley-bred paranoia and unique mindset led him to navigate the uncertainties of life and achieve remarkable success.

In this episode:

• Identify the crucial value of the tech sector’s commitment to continuous growth and innovation.
• Get to know the significance of financial modeling in guiding your investment direction.
• Discover the value of aligning with finance and investment experts for informed guidance.
• Appreciate how taking initiative and dedication to continuous learning can transform your finance and investment journey.
• And so much more!

Key Moments:

00:01:31 - Getting to Know John Fung
00:03:07 - Paranoia and the Mindset of Tech Companies
00:07:58 - Balancing Optimization and Peace of Mind
00:11:26 - Feeling the Responsibilities of Parenthood
00:13:27 - Being Prepared for Anything
00:17:59 - Adjusting for Changing Seasons
00:19:16 - Adapting to Different Life Seasons
00:21:46 - Trust and Collaboration in Finances
00:22:47 - Differences in Real Estate between Australia and the United States
00:24:16 - Taxation Differences in Australia and the United States
00:25:50 - Buyer's Agents and Real Estate Transactions
00:29:10 - Benefits of Lines of Credit and Liquidity
00:34:15 - The Importance of Learning and Seeking Expert Help,

Find John Foong on:

LinkedIn: https://au.linkedin.com/in/johnfoong

Instagram: https://www.instagram.com/johnfoong/

Facebook: https://www.facebook.com/jfoong

Average Joe Finances®

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About Mike: https://themikecav.com

Show Notes add-on continued here: https://averagejoefinances.com/show-notes/

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See our full episode transcripts here: www.averagejoefinancespod.com/episodes