INVESTMENT STRATEGY
MOTIVATIONS
What It Really Means to Be a Real Estate Advocate ONLY YOU CAN DECIDE THE REAL ESTATE INVESTING PATH THAT’S THE EASIEST, REQUIRES THE LEAST AMOUNT OF TIME AND ENERGY, AND GIVES YOU THE MOST FREEDOM.
by Grant Cardone
hen it comes to real estate, many people are wondering whether
W
they should they sell or hold on. The answer is always the same: Never sell, even in the worst of market conditions. It takes true conviction to be in real estate. You absolutely must know your “why.” So, let’s take a moment to reflect: Why are you playing the real estate game? WHY PLAY THE REAL ESTATE GAME? Many people get into real estate investing to build wealth. They want to put their spare cash to work, create passive income to take care of their families, and build their nest eggs. After all, why trade your time and freedom for cash, when you could be spending time with the people you love? Cash is an asset that goes down in value anyway. Think about it: You could buy 10 rolls of toilet paper with a single dollar bill in 1929. Today, all it gets you is a small McDonald’s coffee. So, is it worth it to be hustling for an asset that depreciates rapidly? In especially volatile times like these, you have to be able to advocate for your time and freedom. Real estate investing is one of the
Most people start small with a single-family residence because they think it’s easier and cheaper. It certainly is easier to get a loan on a house, after all. But when people realize they have to maintain the property, work with tenants, get them to stay, and promote the property when it becomes vacant,
surest ways to take back control of your life—unlike the stock market or cryptocurrencies that put your net worth at risk all the time.
HOW TO BUILD TRUE WEALTH So, what’s the best way to start in real estate investing?
58 | think realty magazine :: november – december 2022
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