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...
Recognizing and challenging any limiting beliefs about real estate is the first step in becoming a successful real estate investor. So many investors severely limit what they accomplish or worse, they don’t even get started, because they believe one of the following myths:
A lot of potential investors I speak to say “I’d love to invest in real estate and I will as soon as I’ve got more money.” Or “I’d love to invest, but I don’t have time to find a property or be a landlord.”
People think they’re limited because they have limited resources. I thought the same thing.
My husband and I were searching for a 4-unit property to buy in Los Angeles and were stuck and unable to find the right investment because we were only thinking that we had to use our own capital, credit, or available time.
Tony Robbins says, “There’s no...