IMHO real estate investing is the best investment. It's better than the stock market and it's WAY better than just putting money in the bank. Here's why:⁠
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1. Passive Cash Flow: when you put your money into real estate, you have tenants pay your mortgage. So you receive passive income every month. When you have enough passive income streams that it equals or exceeds your expenses, that is financial freedom!⁠
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2. Federal Tax Benefits: because of the way the tax code is structured, you can be making money on real estate, but for tax purposes, it looks like you've lost money. That means you're paying less in taxes. When you're building wealth it's important to remember it's not just what you make, it's what you get to keep that matters! Real estate helps you keep more of your money.
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3. Leverage: if you want to buy $100,000 worth of stocks you'll have to put $100,000 in a brokerage account. However, if you want $100,000 worth of real estate you can put 20% down, 10% down, or sometimes 0% dow...

Do you know your net worth? It's not that hard to calculate.

One of our Goddesses asked if she can include her Cryptocurrency in her net worth. Another asked if her car can be included.

The answer is Yes! You can include those things in your net worth calculation, along with a lot of things you probably hadn't thought about.

Your net worth is the value of your assets (what you own) minus your liabilities (what you owe).

An asset is anything you have that has significant value. Here are the assets you can include in your net worth calculation:

• Properties (residence*, vacation homes, investment properties)
• Furnishings
• Cars and other vehicles
• Art, jewelry, and other valuable possessions
• Investments -- stocks, bonds, etc.
• Equity value of investments in syndications ( This value usually rises, the longer you are in a deal!
• Businesses you own or have an ownership interest in
• Cash (savings accounts, checking accounts, CDs, Crypto accounts)
• Retirement Accounts, College Funds, He
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