I have to admit, rental properties has been the real source of my personal wealth and primary means to financial freedom. Despite all the success I've had investing in stocks over the years. Rental Properties has been the hands down central pillar of my wealth.
I was lucky enough to get started in 2003 back then I was a fresh graduate from engineering school, living at home with my parents with literally no expenses. I was save more than 90% of my after tax salary into real estate deals requiring as little up front capital as possible.
I know the margins these days are not as fat. And yes unfortunately everyone is into buying real estate now. So the golden era is over, but there is still some good deals to be had. I'm writing this today as I close my 14th rental building.
Real estate is the cash cow that keeps on giving. The tax breaks, the leverage available to you. The eventual appreciation as fiat money inflates away. The negative real (inflation adjusted) interest rate on the mortgage melts it away. The cash flow that grows with every acquisition. Soon making your highly taxed salary insignificant. It is the ultimate dividend paying investment.
ReplyDeleteMy name is Fajar. I live in Bedono in Central Java I was in a very chronic financial issue and terminal health situation some few weeks back. After all my search for assistance from friends and neighbors proved abortive, I feel there was no one who truly cares. I became so exhausted due to lack of funds to expand my business and my 2 kids aged 5 and 8 were also not good looking due to lack of proper care as a result of finance. One faithful morning I saw an old time friend of my late husband and I told him all I have been going through and he said the only way he could help was to direct me to a good loan officer in USA that also helped him, He explained to me on how he was financially down and how he got boosted by this loan officer ( Mr Pedro who grant him 7,000,000.00 USD loan at an affordable rate of 2% rate . He further assured me that they were the only legit loan firm he found online. He gave me their email & That was how I applied and was also granted a loan and my life changed for the good. CONTACT THE ONLY GENUINE LENDER Mr Pedro VIA Email / Whatsapp +18632310632 pedroloanss@gmail.com to resolve your financial mess.