Another benefit of real estate is the pay-down of the mortgage over time. You don’t actually pay off the loan — the tenants do! Every month you receive rent and make a payment on the loan, you are putting money in the bank as principal pay-down of the loan. I call my houses “banks.” What better place to keep the Equity build-up than in those individual banks spread out in different neighborhoods?
Next week we talk about “A” for Appreciation.
This is the topic of this Tuesday’s LIVE STREAM with Lou Brown. Lou has been an investor and mentor for over 40 years. Thousands and thousands of people have come to Lou to learn his unique approach to real estate investing.
Timestamps: 0:01 - Introduction - “ Let me help you advance your business and wins for the week” 0:28 - Lou’s Wins of the Week 3:20 - https://www.StreetSmartWiz.com 4:41 - E for Equity - Real Estate is the I.D.E.A.L. Investment 7:50 - Should I use equity in my personal home to buy more property? 9:51 - Lou’s recent deal - another win of the week 14:50 - A question about Bitcoin: My buddy just put 5k into Bitcoin he is almost a millionaire, why is property more valuable? 18:24 - Never invest in Bitcoin using your Equity 18:59 - Why should I want to hold property, doesn’t land-lording suck? 21:35 - https://www.WealthBuilderWorkshop.Online - on July 31st - register for $1 - How to find a buyer before you buy a property.
If you are JUST getting started in real estate investing, you NEED to attend my ONE-DAY virtual training. I teach it LIVE over ZOOM, and it's only $1 (yes, one dollar) for SIX HOURS of solid how-to training! https://www.wealthbuilderworkshop.online
If you're ready for a more in-depth experience, then you owe it to yourself to investigate my THREE- DAY Millionaire Jumpstart Event. I host it four times a year in various locations, and you can attend LIVE and in person. I'm your coach all three days. Find out more at https://millionairejumpstart.com/
