How the Rich BUILD WEALTH Through REAL ESTATE

If you take your time to research, you will notice that at almost every wealthy individuals life, they always endeavor to purchase Real Estate.This video is an exclusive beginners tutorial on Real estate investing.

Chapters
00:30 Wealth Generators
01:59 How to find a good deal
03:55 Real Estate Lenders
05:34 How to Leverage Real Estate
09:13 How many properties to buy outright
11:42 How to find contractors and tenants
12:28 How to keep tenants
13:23 Should you build or buy Real Estate

Wealth Generators
Here are the 4 wealth generators when it comes to Real Estate.
1. Cash flow. This is the total income earned less expenses.
2. Appreciation. Real Estate being an asset means it’s value rises over time.
3. Mortgage. A mortgage is basically the loan pay down facilitated by the bank. Normally when you buy a piece of real estate you get a loan from a bank which you then pay every month but overtime the loan gets paid down.

4. Tax benefits. Real estate investors basically incur far less tax in comparison to a 9 to 5 worker, this is because Real Estate involves cash flow and so the investors get to pay themselves first before paying taxes.
These four wealth generators will make you a millionaire when combined together.

Let’s say you buy a house whose value is one hundred thousand dollars, and you put down twenty percent, which is twenty thousand dollars, as the equity. And now you have a mortgage of eighty thousand dollars. Over time, the value of your real estate is appreciating in value. Perhaps by 3 percent per year. Also, over time your mortgage is getting paid down. This means that the equity is always rising and so is your net worth as the value of the property increases. The more properties you have, the higher and faster your net worth builds over time.

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DISCLAIMER
This content is based on the content creator(s) research brought down to the best options and opinions. If you ought to use this information as legal advice, financial advice, or investment advice. First try to do your own research then seek out the guidance of professionally trained and licensed individuals before making any decisions.