Jun 1, 2023
6:32:06am
6:32:06am
Real estate has to be the most polarizing way to make money. On one hand I
personally know several people who have built wealth, supplemented their income in real and dramatic ways, and even become very wealthy by owning real estate (primarily residential and then renting out their property, though I have one super-wealthy friend who owns commercial real estate and does very well).
On the other hand...I know a few people who have nothing but horror stories about renters, losing money, dealing with constant and unexpected costs, and buying at the wrong times in certain markets. These people couldn't wait for the day they sold their real estate and moved their money into something else entirely.
Just a random observation. Proceed with your day.
On the other hand...I know a few people who have nothing but horror stories about renters, losing money, dealing with constant and unexpected costs, and buying at the wrong times in certain markets. These people couldn't wait for the day they sold their real estate and moved their money into something else entirely.
Just a random observation. Proceed with your day.
Originally posted on Jun 1, 2023 at 6:32:06am
Message modified by macdizzle on Jun 1, 2023 at 6:36:14am
Message modified by macdizzle on Jun 1, 2023 at 6:39:07am
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6/1/23 6:37am
6/1/23 7:45am
6/1/23 7:07am
Real estate is usually the way the wealthy get much wealthier. It's not actually very common for it to be
6/1/23 7:21am
6/1/23 7:49am
What do you disagree with? The statistics? I'm just stating the reality. Way more people turn 1 million into 5 with real
6/1/23 8:12am
6/1/23 11:08am