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:
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:
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!
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.
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...
People all around the world have created millions because they invested in real estate. 90% of millionaires become so through real estate. Today we are going to share 4 incredibly successful female real estate investors that you should know about!
At the age of 23, she quit her job as a waitress and borrowed $1,000 to found a little real estate company in NYC that would become the largest and best-known brand in the brokerage business: The Corcoran Group. She's also a shark on Shark Tank. She has a net worth of $100 million.
Learn more about Barbara here
Dottie began her real estate career in 1978 working as an agent for Merrill Lynch on Long Island. During that time she became one of the top brokers, and in 1989, she took out a $7 million loan to buy Prudential Long Island Realty. From then on she put all her efforts into building the most powerful brokerage on Long Island and then in the Hamptons. She has a net worth of $270 million.
Learn...
If you've already started investing in real estate, you’re ready to dig in and break out of the comfort zone you’ve built so far in your real estate investing business. You're ready to take your investing to the next level!
What Happens When You Take Your Real Estate Investing to The Next Level?
1. Strategic Confidence:
When you wake up in the morning, you know that the time you are investing in your business has a direct impact on your forward progress towards your goals.
2. A Team That’s Been There:
You know that the plan you’re creating was built with the help of experts who are doing it themselves, who are in the game.
3. Visibility and Access:
You are not a beginner, friend! It’s time to show up and be a part of the real estate conversations that make this industry move.
4. Space to Live:
Growing your real estate business like a goddess is not about the hustle. It requires holding space for the things that fuel you, that recharge you, that fulfill you and allow in ease, g...
Andrew Carnegie said, “90% of millionaires become so through real estate. More money has been made in real estate than in all industrial investments combined.”
I know I preach a LOT about how important investing in real estate is to build generational wealth. I know I am always sharing how it has allowed me, and so many goddesses I know, to achieve real financial freedom. But it’s not just me who believes this to be true! People all around the world have created millions because they invested in real estate. They put their money in properties, homes, complexes, commercial buildings, etc and their money made them more money until they achieved the millionaire status that they enjoy today.
Here is a list of some of the female real estate investors who have had the greatest impact on the real estate industry:
- Barbara Corcoran: Judge on Shark Tank + real estate investor.
Barbara Corcoran was committed to succeeding. At the age of 23, she quit her job as a waitress and borrowed $1,...
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