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Eight weeks ago I bought my first rental property.
At the beginning of the year, I invested a lot of time reading about & researching real estate investing. But after examining ~75 cities, I was overwhelmed by the options & gave up. https://twitter.com/SP1NS1R/status/1316823264656715776
At the beginning of the year, I invested a lot of time reading about & researching real estate investing. But after examining ~75 cities, I was overwhelmed by the options & gave up. https://twitter.com/SP1NS1R/status/1316823264656715776
Fast forward to mid-June, I came across @standupagent (h/t @CJ_Johnson17th).
I DM'd her, & we got on the phone a few days later. After we pinned down my criteria, risk tolerance, etc., we started looking at properties & making offers.
Mid-October we finally closed one.
I DM'd her, & we got on the phone a few days later. After we pinned down my criteria, risk tolerance, etc., we started looking at properties & making offers.
Mid-October we finally closed one.
What initially interested me in real estate was the leverage & incentives. It's one of the most powerful asset classes & financial tools you can own.
There's a reason Carnegie famously claimed 90% of millionaires made their money in real estate. https://twitter.com/jackbutcher/status/1302618487760793602
There's a reason Carnegie famously claimed 90% of millionaires made their money in real estate. https://twitter.com/jackbutcher/status/1302618487760793602
Real estate offers:
Equity, appreciation, & cash flow
Insane tax incentives (depreciation, 1031 exchange, etc.)
Plus, the ability to leverage your portfolio to grow it (e.g. via cash-out refinancing) https://twitter.com/sweatystartup/status/1336408013624778757
Equity, appreciation, & cash flow Insane tax incentives (depreciation, 1031 exchange, etc.) Plus, the ability to leverage your portfolio to grow it (e.g. via cash-out refinancing) https://twitter.com/sweatystartup/status/1336408013624778757
Like @TheRealEstateG6, I'm a firm believer in real estate as an achievable path to long term wealth for almost anyone. https://twitter.com/TheRealEstateG6/status/1329461408157806593
To help lower the barrier to entry, @standupagent & I decided to document my buying experience in real time & create a course tailor-made for the 1st time buyer.
We'll be releasing it on Friday, but you can preorder here: https://gumroad.com/l/uztog
We'll be releasing it on Friday, but you can preorder here: https://gumroad.com/l/uztog
