5 reasons why we should NOT buy real estate 1. RE is illiquid meaning you cannot sell it any time you want 2. RE is a tax saving strategy and not a compounding interest strategy meaning the real IRR in RE asset class won’t beat equities 3. The ECO system in RE comes with several layers and middle men who want your hard earned dollar 4. Historical data shows RE never beat stock market 5. RE is totally location based a house in cleveland will cost half as much as a house in columbus and it grows the same way. So guys forget RE and focus on growing your money in other better performing asset classes and if you feel the itch to buy RE just buy a good REIT and call it a day. People sell stuff in their own interest but not yours
Those are very good points and true to a great extent. However, leverage and cashflow are some very powerful tools depending on your situation and the lifestyle you desire.
@@Dammmguddd023 leverage is a glorified word for debt resulting in paying interest and it adds one more layer into the eco aystem called lender. The game is to collect interest and let it compound and not pay it. cash flow is another marketing gimmick equities do the same cash flow in the form of dividends and if you reinvest them back it does wonders. So anywhich way you see one can’t beat equities
The MOST Incredible EDUCATION I have ever had!!! I am so stupid busy I have YET to come out to your seminar's - 2025 I WILL BE THERE!!!!
Real estate is a long term if you was passive income. Flipping you pay high Capital gains.
5 reasons why we should NOT buy real estate 1. RE is illiquid meaning you cannot sell it any time you want 2. RE is a tax saving strategy and not a compounding interest strategy meaning the real IRR in RE asset class won’t beat equities 3. The ECO system in RE comes with several layers and middle men who want your hard earned dollar 4. Historical data shows RE never beat stock market 5. RE is totally location based a house in cleveland will cost half as much as a house in columbus and it grows the same way. So guys forget RE and focus on growing your money in other better performing asset classes and if you feel the itch to buy RE just buy a good REIT and call it a day. People sell stuff in their own interest but not yours
Those are very good points and true to a great extent. However, leverage and cashflow are some very powerful tools depending on your situation and the lifestyle you desire.
@@Dammmguddd023 leverage is a glorified word for debt resulting in paying interest and it adds one more layer into the eco aystem called lender. The game is to collect interest and let it compound and not pay it. cash flow is another marketing gimmick equities do the same cash flow in the form of dividends and if you reinvest them back it does wonders. So anywhich way you see one can’t beat equities
I guess the No.1 wealth maker in the USA is the US stock market, not real estate.