What makes a successful real estate investor? It’s a tough question as people from every income bracket, level of education, and demographic have gone on to become real estate millionaires. It’s such a diverse group that doesn’t seem to have anything in common. As diverse as this group is, however… there is one thing that they all have in common.
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Real estate investing is one of the final frontiers that gives the average person a realistic opportunity of reaching millionaire status. However, regardless of the abundance of opportunity that may exist, becoming a millionaire real estate investor will forever exceed one’s grasp unless they give up ten specific things.
Grow your income property investment portfolio without the need to deal with mortgages and lenders. In fact, you can even build a nice stable of cash flow income properties without using your own money or credit. I know this sounds far-fetched but it absolutely can be accomplished.
A “buy and hold” strategy is ultimately what leads most investors to their wealth and financial independence. You’d be hard pressed to find someone to argue against that statement. “What?” to buy and hold, however, could raise some healthy arguments for sure. Both have their pros and cons. Now having participated in both, I’ll share my “real world” experience and then you can decide which is best for you.
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According to author Kenneth Fisher’s book, there are ten roads of how to become a millionaire. Or, more specifically per the title of his book, there are Ten Roads to Riches. After reading his book and learning how the wealthy got there, I left with an assured feeling of what I’m doing with my real estate investing is the right thing. Not only was investing in real estate one of those roads to riches, it was clearly the easiest road. So, if you’re wondering how to become a millionaire… investing in real estate provides the best odds.
To become a millionaire in real estate investing, there are four stages one must progress through. The first stage is…
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Have you been working at this “financial freedom” thing for a while? Want to know how to finally get it? If you are ready to leave behind failing ideologies and shift your thinking, you’ve got a chance. Ready? Let’s get started on the true path to financial freedom.
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Achieving financial freedom through investing in real estate is much more than an idea to dream about while on your lunch break at your 9 to 5 job. This dream can easily become a reality setting you up for an early retirement. But there is a catch! To move this idea from the dream state […]