Income real estate is a popular business with BWBs. And real estate is here to stay! It won't go away. Why? Because we all need:
A place to live that's comfortable and protects us from rain, snow, sleet, hail, and high and low temperatures.
A place to conduct our business, be it an office, a factory, a hotel, motel.
A place for sporting events, recreation, public gatherings, health activities.
Real estate surrounds us every moment of our lives. Even when we're on an airplane, real estate is where our flight started and where it will safely touch down. Likewise with a ship, because we leave one dock and return to the same or another dock. And, good reader friend of mine, real estate will always be with us.
Further, real estate, in my view and experience, is the best way for a beginner to build his or her wealth quickly today. Why? Because:
Real estate is a borrowed-money business from the day you start in it. Financing is at the core of every real estate transaction!
You are expected to borrow money to start, and expand, your income real estate business.
Because it is a borrowed-money business, you, as a BWB with little or no starting capital, can begin your career using other people's money (OPM). This gives you enormous leverage, allowing you to control large holdings with little or no money of your own.
To show you how you can build a good monthly income on borrowed money, just look at what one of my BWB readers did for himself and his ...