What would you prefer to do?
It’s time to design your plan of attack. Do you want to retire at 65 or later, or do you want to become financially free sooner with a steady cashflow that has no expiration date? Invest accordingly.
By adopting a buy-and-hold strategy in real estate, you can provide your tenants with a valuable place to rent while they pay your debt service. You’ll receive 100 percent cashflow when the property is fully paid. And regardless of property value, real estate investing is a hedge against inflation, e.g. you can always raise or lower your rents. Like a fish in an aquarium, you can live within your rental income container. People will always need a place to live, and the beauty is that you’d be able to live off a replenishing income stream (opposed to depleting a retirement savings fund).
Real estate is the best time-tested and proven form of investing. If you’re interested in freedom, financially and otherwise, for yourself, your family and your family’s family, real estate needs to be a significant part of your legacy.
Filing homestead is a great first step. Have you filed yet? If not, click the link below...