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.
~Andrew Carnegie
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 expand their wealth. There is only so much...
Ready to be inspired? It's time for the Goddess Spotlight!
Each month I spotlight members of our community who are successfully building their real estate portfolios and are on their way to financial freedom. Some are relatively new, while others have been at it for a while.
These goddesses invest in almost every niche imaginable, and they ALL have a lot of insight to share!
Today, I'm sharing my interview with Cheryl Fung - our Wealthy Goddess of the Month!
CLICK HERE TO VIEW HER INTERVIEW
Here’s a recap of what we talked about:
As women, we use to think that we can do it all, that we need to have everything perfect, and that's ok. Those are qualities of our personality that help us be one step ahead of life’s everyday challenges. But, when it comes to investing, some of the things that most of the time work in our favor, may become mistakes that can cost us valuable time and money.
Here you have a list of the most common mistakes women make in real estate investment:
One of the biggest mistakes we see women make in real estate investing (before they even begin) is waiting for the “perfect” time to begin. This is a HUGE mistake because as badass women who juggle 100 things at once. there will never be a perfect time. There will never be a perfect property, a perfect bank account balance, a perfect sign from the universe... and you waiting is only you getting in the way of your own happiness. Getting started and gaining that mom...
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