利用者:AldayHunsicker499
出典: くみこみックス
Five Steps To Wealth Through Real Estate Investing
Although youbecome quite wealthy by purchasing real estate (even if the value of the property never rises)... you should be in a position to.
5 step formula to wealth through real estate investment is:
1) Purchase income producing property at below market value prices
2) Buy (leverage) and hold additional properties over time
3) Have your real estate professionally managed
4) Properly direct the money flow from your investment properties
5) Become financially secure and wealthy with time
It's that easy because... Purchasing property provides a vehicle and opportunity which really has no peers. It's in the own category. Real estate provides leveraging opportunities, financing and tax benefits that other investments (stocks, bonds, CD's, etc.), legally, aren't allowed to offer.
And purchasing real estate offers another thing the others don't typically provide: a predictable cash flow that commences immediately following a house purchase.
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This type of investing has existed for several years. When executed properly, it's reliable, predictable and lucrative. It may appear complex initially but is actually a significant simple and straightforward process once familiar. Following the correct resources have been in place and purchases completed, there are not many "moving parts." It truely does work similar to it's on an auto pilot with good property management.
A certain perspective and understanding is certainly necessary. Just how much property an individual owns isn't primary aim or focus. What's most important is how much income the properties generate that is based on factors for example: cost, renovation expenses, fees, rents, property management costs, mortgage reduce rate, etc. Naturally, you need to understand the variables to be knowledgeable encourages effectiveness which could then be replicated again and again. It becomes a method, which in many ways, functions like franchising fast food restaurants.
NOTE: There are a few other necessary ingredients associated with this investment model: 1) to have a genuine desire to become wealthy which helps to develop your 2) vision and investment goals, 3) that patience and 4) discipline which enables your 5) long-term plan for success by managing your money flow properly... Here's a very general illustration of a lasting goal and how it works:
Consider if you had been in a position to get one apartment per year for 15 years (think leveraging). If your fifteen properties were producing typically $700 monthly each in rental income, after the fifteenth year, you would be receiving a collective income of $10,500 per month. Now that you've been doing this for a short while coupled with been disciplined, that cash could certainly be directed towards your own living expenses (retirement perhaps) or for reinvesting purposes.
Keep in mind, when you purchased the homes with fifteen year mortgages (which we suggest), the homes purchased in the sooner years are starting to be paid off. So not just are you receiving the average $700 per month from each property, you're also becoming who owns an increasing number of homes that no longer have mortgages should you obtained financing. They're starting to become yours outright.
Plus, yet, another possible benefit: there is a quite strong likelihood that the properties have also appreciated in value over the years.
So now you, the focused, patient, disciplined real estate investor, have obtained:
- Built-in equity immediately due to an under market value purchase
- Positive monthly cash flow throughout
- Mortgage principle pay down over time
- Outright property ownership once mortgages paid
- Highly likely property value appreciation with time
Certainly, this is not enough information to equip you to immediately begin purchasing property. The intention is to share highlights of the income producing real estate investment model for you and generate some understanding of its possibilities.
No more than 5% of our country's population becomes wealthy or financially independent inside their lifetimes. We'd like everyone so that you can live their lives within that 5% and also to enjoy what it really has to offer. It is available.
