Real Estate
Real Estate is a long-term vehicle to grow wealth.
It is not a get rich, quick scheme. It is a lot more concrete literally lol. The pros and cons of it is it’s hard to enter hard to exit in comparison to stocks or crypto.
One of the key investment strategies that I’m going to be utilizing myself since selling my two properties in riverview will be buying a residential home in the Tampa Tampa Bay area again. Utilizing the lowest down payment I can, it was a mistake to go conventional last time in 2017.
My plan on top of running my other businesses is to buy a personal home every two years, until I have a family and sell that personal home for a tax-free profit of up to $250,000. Every two years. It’s like getting an extra $180,000 a year before taxes. This can easily compound. I plan on buying the busted fixer up home in a nice neighborhood. Therefore, when you buy right. And the surrounding properties Support, the after repaired value. It’s almost as if you cannot lose.
What are some real estate plans that you have in your investing goals or your personal Life share them here
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Joe Lange
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Real Estate
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