Property investment is often underrated by people,
especially raw youngster who wants to get rich quick. They would prefer to do
anything to get rich besides investing property. Many of my peers at their twenties
love to earn a lot of money, and love to spend more because they think that
they can earn more in future.
When it comes to investment, investing in stocks is typical
stereotypes that people have in mind. Why? Because everything is in one place
(the stock market) and it’s more profitable compared to saving account most of
the time. Some amateur “in thinking” even have better idea invest in casinos.
They’ll tell me that get 1000% return or 200% return in a night. Well, I only
which that they out luck probability every time they invest.
So, why the heck would I refer property investment? Here’re 4
simple reasons my multi-millionaire friends and I have in common.
1. Best hedge against inflation.
My mom always told me to save up as much as
I can and keep it in save deposit. That would be a good way to secure my money
but not good enough to fight against inflation. Why? The interest will probably
give me 4% but (the real inflation rate is 8%) which means I’m getting poorer
and poorer everyday. But when you keep you money in properties, and bam crisis
occurs inflation sky rocketed. Do you think you property it’s going to drop in
price or increase? Everyone knows the price would be hike.
2. Better chance to be richer.
Many people think that buying lottery is
going to make them richer. It will but what are the chances? Almost 1 time out
of 9999 times. But if you take all the money you use to purchase lottery and
invest in property in the right way. You’ll be sure to worth much more than you
can hit the lottery in 20 years. How can I know well, it’s a fact just look at
the statistic, most wealth people earn it!
3. Best leverage.
No investment will give you such leverage,
Owns 20% of the property but controls most of the cash flow. Investing in
property is the only investment you can get 80% leverage on your investment.
Sometimes you can get 100%. When you want to be wealthy focus on your net worth
and your net worth will take care of your cash flow.
4. Work only once.
Of course going through all those process for
property investment is troublesome. Learn locate, purchase, and finding a good property
or tenant. But once you’ve finished all those processes can sit back and enjoy
the passive income from your property and a massive profit of capital gain.
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