How to Use Your Stock Portfolio for Real Estate

Published: March 19, 2021, 4 p.m.

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In today\\u2019s episode, Krisstina interviews Trent LaMonica. Trent is a financial adviser and he helps his clients create an investment plan for achieving their long-term financial goals.\\xa0

Krisstina and Trent dive into the conversation on how to make your money sprout like this is the last spring season!

Trent shares his fun fact: \\u201cI\\u2019ve been working and receiving a paycheck since I was 12, so that\\u2019s sort of woven into the fiber of my being: understanding and participating in the economy.\\u201d Trent LaMonica (33:20). And Krisstina could attest the same for herself! These two really signify what it means to work hard and how far your work ethic can (and will!) take you.\\xa0\\xa0

Here\\u2019s one last little nugget for you to carry for the day: \\u201cYou should always take pride in your work. No matter what it is.\\u201d Trent LaMonica (34:10).\\xa0

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3 Topics Mentioned in Episode:\\xa0

- Getting started in real estate investing (securing financing).

- Maintaining cash flow for opportunities (bridge loans - collateralizing your securities).

-Divesting yourself from your investment real estate (1031 into REIT also using a REIT as a point of entry for the real estate market).\\xa0

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Fun Take-Aways from Episode:\\xa0

\\u2014> Did you know you could use your stock portfolio to buy real estate without selling any stock?!\\xa0

\\u2014> Also, there is a 1031 exchange option that can be a smart place to invest your money in the sale of a real estate asset!

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Favorite Moments:

\\u201cEveryone is interested in getting into [real estate], so we talked about a few strategies that aren\\u2019t necessarily well advertised\\u2026 we help our clients move through those important things so that they can live a life they want to live\\u2026\\u201d - Trent LaMonica (2:33).

\\u201cI can\\u2019t help but feel there is a significant amount of pressure to get into real estate\\u2026I feel that some people aren\\u2019t necessarily prepared for the good, the bad, and the ugly. With any asset, with any investment, clarity, and transparency are critical to getting in there\\u2026 You need to have advocates.\\u201d Trent LaMonica (21:45).\\xa0




To LISTEN to this Wealthy Wellthy Podcast Episode \\u2014 CLICK HERE!

PS: As always\\u2013 if you enjoy the show, it helps me so much for you to SUBSCRIBE and REVIEW on iTunes!\\u2b50\\ufe0f\\u2b50\\ufe0f\\u2b50\\ufe0f\\u2b50\\ufe0f\\u2b50\\ufe0f And please take just a moment to share with your friends and family and social channels\\u2013 many thanks!

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