Why should I consider investing in real estate? It can seems overwhelming and confusing, which leads many people to not consider the huge benefits it can have over other investment opportunities.
With stocks, they go up or down and you may receive some dividends. Investing in precious metals? You either sell high or low. Real estate? There are many different levers you can pull to grow your wealth. All of them can work in your favor. Some are bigger and some are smaller. However, added up, they have a much more compound effect that can make a significant difference in the returns you're going to get on this asset. So what are the top reasons?
1) Rental Income: Each month, your tenants or guests are going to pay you money to stay in your property. Ideally that income coming in is much more than what you need to cover your expenses each month (if you're buying correctly with an emphasis on cash-flowing properties).
2) Mortgage Pay Down: One of your expenses each...
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Maria Quattrone is a sales, marketing, and negotiating expert that has built multiple businesses over her years and is striving to help others build generational wealth - particularly for women and minorities. She is the Founder and CEO of the Maria Quattrone and Associates of Remax @ Home and Motto Mortgage Expert Solutions. She's worked in the Philadelphia area, and closed over 2,700 transactions for over $700 Million in sales. She's also the host of the "Be The Solution" Podcast and was the creator of the PA Real Estate Scholarship Program to provide scholarships for women and minorities to go through her Rise In Real Estate Academy. Maria shares how she built her business, what she's doing to succeed in today's real estate market, and how she's helping others to build generational wealth.
In this episode, hosted by Mike Swenson, we discussed: