How to Built MASSIVE Wealth With Real Estate HD
Free Resources: www.wharmstrong.com Online Community-- https://bit.ly/2vDfvXW Subscribe for more videos -- http://bit.ly/2BKP2u4 90% of millionaires build massive wealth through real estate yet real estate investing is something that isn’t even mentioned in high school and sometimes even college. The truth is you don’t need some fancy degree to become a millionaire real estate investor in fact I know a handful of individuals who own millions of dollars in real estate and never even went to college. Today I’m going to teach you a very important lesson that you should have learned in school…How to build MASSIVE wealth through real estate. Let’s do it! Okay so hopefully if you’re watching this you’re familiar with a few of the more common investments like stocks, bonds, mutual funds, CDs, and others, but you may not have known that real estate can be an investment. In fact, real estate is often overlooked as an investment but is one of the most powerful investments available. It’s tangible meaning that I can touch a piece of real estate but I can’t touch a stock or mutual fund. Buying & holding is the process of buying a piece of property with the intention of renting it out to tenants. Now when it comes to buying & holding there are many different routes you can take but it’s important that you find a niche and focus on that area. Some of the most popular niches include single-family homes, duplexes, triplexes, and quadplexes, small apartments, large apartments, mobile homes, land, and commercial. Although you could invest in multiple types of properties, each type is unit so it’s better you master one before moving on to the next. The reason real estate is so powerful though is because of scaling. As time progresses, you can use your cash flow to purchase more properties which creates a snowball effect. The more properties you own, the more money you will make which you can then reinvest back into more real estate. Now I know it’s a little overwhelming and possibly intimidating but the best thing to do is start small. Set a goal of how much you need to save to afford your first property and develop a plan of how you’re going to accomplish that. The best thing to do is keep learning about real estate but note that the best way to learn is by doing. Many beginners are too afraid to start so don’t let that be you. If you’re interested in learning more about real estate, I encourage you to subscribe so that you don’t miss any of my future content. Also if you found this video helpful a thumbs up would be great because it will help me reach more people. Lastly, if you have any questions please feel free to leave a comment below and I’ll get back to you ASAP. Thanks for watching…now get learning! Social Links: Website: http://www.wharmstrong.com Twitter: http://bit.ly/2DBEhdz Facebook: http://bit.ly/2F5uB8a Instagram: https://www.instagram.com/wharmstrong1/ Disclaimer: Nothing published on my channel should be considered personal investment ad