Type YES if you rather build your OWN asset! 💯
You either work for someone else’s dream, or you find others who are willing to work for yours! 🧠
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For starting investors it can be very difficult to own real estate which is why i recommend investing in stocks and other investment vehicles that are more reasonable to the average person when starting out. Eventually though, if you play your cards right and invest correctly, you will end up with a reasonable amount of money on your hands and with that you can be a fool and buy luxuries like fancy cars and clothes or you can double down and invest in real estate, which in my opinion is the greatest asset you can own. With good credit, banks will loan you roughly 3/4 of whatever the cost is to purchase a property. So realistically, if you have $100K in the bank with a proof of cash flow, you can apply for a loan for a property worth $400,000. I recommend buying real estate with multiple units in an upper middle class neighborhood, you want people who are bread winners and who will pay their bills on time. Poor people tend to be late on bills and you don't want those headaches, trust me. But once your loan gets paid off after a few years, you have a steady income stream that comes in every month and with that income you could also re-invest in another property. Imagine the results over a lifetime. Do you want to own real estate one day?
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