Yes you read that right- 90% of the world's millionaires became millionaires through real estate. Real estate investment is one of the fastest and safest ways to build wealth and grow your net worth in this country, and it's time for you to get in the game too!
Just to be clear, when I talk about real estate investing, I’m not talking about buying a home to live in. That sort of investment takes money out of your pocket every month. When I talk about real estate investing, I am talking about buying cash-flowing rental property that puts more money into your pocket every month.
There are 7 reasons why millionaires in the US invest in Real Estate.
Passive Cash Flow
Your tenants pay rent. After expenses what you have is monthly recurring, mostly passive, cash flow. This passive income that can supplement or replace your working income is what leads to financial freedom!
Over time, almost all real estate properties will rise and appreciate. If you buy a house for 100K, and...
Okay metaphor time! If financial stability is like a table, your income streams are the legs of the table. Most people are taught to have a table with one leg, or one source of income, and that's their job. However, true financial stability is when you have multiple legs on your table, or multiple streams of income- mostly passive. Real estate is one of the best ways to give you that because it gives you passive income streams that are not connected to your time. So each investment gives you one leg of your table that is creating income that is not connected to your time, energy and effort. (This is how the financially free become so!)
Wealth is not created by money, hard work, or luck, but is created by Financial Intelligence.
Investing in Notes is one of the passive incomes we can say that is stable and will help us in our way to financial freedom.
What is a NOTE?
A note is an IOU where you invest in debts. Essentially, a note (or promissory note as it's often called) is simply a promise to pay. Anytime you borrow money and create a document that says you will pay someone back, you create a note.
Credit card contracts
So then, when you are a note holder, you are essentially acting as a bank or lender. The borrower agrees to pay you back over a certain length of time with a certain interest.
There are notes with collateral, and there are also notes that are non-collateral. This means:
Notes with collateral are asset-backed. This means that the lender can take the underlying asset (when we are talking about real estate notes, that means...
Real Queen Fix Each Other’s CROWNS
They say that no man is an island, Well guess what, a palace is not built without the grace and the wisdom of a queen! And queens do help each other hand in hand when they build something spectacular.
Just like my goddesses here, we are building something special and spectacular. We are building our own empires, our own palaces. And we do that by helping each other out and fixing the problems we encounter along the way.
Let us build something together and conquer the world as the queens we are born to be.
One of the first questions you need to ask yourself, as an aspiring real estate investor, is what resources do you currently have at your disposal for real estate investing? This will give you a better idea of how to create a personalized plan or blueprint that helps you making the most of what you have.
As a real estate investor, your best resources (other than money) are time, experience, education, and relationships. Let me break them down a little further:
One question to ask yourself as you begin your investing journey is, how much available time do you have? Realistically you need time for finding the property, finding the financing, managing and renovating the property (if needed or desired), managing outside investors, etc. If time is not one of the resources you have, then partner with someone who has that resource more available!
Here’s the thing- the more experience you have, the more time and money you will save. With...
"The world needs you to share what it is you came to this planet to share."
The world NEEDS your special gift.
What I'm here to do is to help make sure that you can share your gifts, and that not having enough time or money is no longer an excuse for you. I want you to be financially free so you can do what you were born to do... what the world need you to do.
If you have dreams you've been sitting on, why not start them now? Answer the call of your soul.
Probably the hardest part of getting into real estate investing is knowing where to start. Here are three tips to get started investing in real estate as a goddess:
Many/most people don't take action because they don't know what to do. Lack of knowledge/clear steps leads to paralysis. Education for effective action is the antidote to this.
I created a free training to help you know what steps to take so you can get into effective action >>>How to Get Started in Real Estate Investing Even as a Busy Professional Woman. Click here to sign up for an upcoming session.
The more clarity you have on what you want, the easier it will be to bring it forth. I cannot overstate enough how important this step is. Clarity is rocket fuel for your desires.
Here are some of the questions you can ask yourself over the next few days to help yourself find clarity before starting investing.
Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.
Real estate investment is one of the fastest and safest ways to build wealth and grow your net worth in this country.
Just to be clear, when I talk about real estate investing, I’m not talking about buying a home to live in. That sort of investment takes money out of your pocket every month. When I talk about real estate investing, I am talking about buying cash-flowing rental property that puts more money into your pocket.
There are 7 main reasons why 90% of millionaires are invested in real estate and why you should too:
Tenants pay rent. After expenses, what you have is monthly, recurring mostly passive cash flow. This is a benefit that helps millionaires...
"The real question is not IF you should make this investment, it's WHEN."
— Monick Halm.
Do you want to make money in your sleep? Do you want to have the financial freedom to travel wherever you want? Do you want to be able to quit your 9 to 5 and be your own boss?
If you answered yes to any of the above questions, then it’s not a question of IF you should take the leap into real estate investing… it’s WHEN. So when would now be a good time to start?
Andrew Carnegie said, “90% of millionaires become so through real estate. More money has been made in real estate than in all industrial investments combined.”
I know I preach a LOT about how important investing in real estate is to build generational wealth. I know I am always sharing how it has allowed me, and so many goddesses I know, to achieve real financial freedom. But it’s not just me who believes this to be true! People all around the world have created millions because they invested in real estate. They put their money in properties, homes, complexes, commercial buildings, etc and their money made them more money until they achieved the millionaire status that they enjoy today.
Here is a list of some of the female real estate investors who have had the greatest impact on the real estate industry:
- Barbara Corcoran: Judge on Shark Tank + real estate investor.
Barbara Corcoran was committed to succeeding. At the age of 23, she quit her job...