One asset class that has always baffled me is Real Estate.
It is the first investment most of us make. Sometimes, to get a roof on the head and sometimes because “you can never lose money with real estate“.
Like all good myths, there are these stories of how ‘someone’ has made it big time in property investments.
You and I too get carried away and start to dream big. The shopping spree starts – buy a couple of apartments, commercial shops and offices and even land tracts.
We hope to have the inspiration of the genius work for us too.
Apparently, this real estate investor has been able to traverse through various real estate cycles and made money, big time.
I too want to believe that the genius does exist somewhere.
Honestly, I don’t know anyone like that. My bad! May be I haven’t tried yet.
I have continued to believe that this investor (and a successful one) does not really exist. But I want to prove myself wrong.
So today, I ask you for help.
Can you please get me to meet this Real Estate King? I am giving a brief description to help you understand my expectations.
Who is this investor – the Real Estate King?
The real estate king has made money only doing one thing – real estate. It may have been sheer chance that he got into it but now he is nothing less than an expert in this area.
If you talk to him, you can feel the love for ‘property‘. He can literally smell money in a potential deal and within 10 seconds can tell, if the deal is worth it or not.
He has a thorough understanding of risk, returns expectations, choice of asset class, financing methods, holding time frames, etc.
The size does not deter him. He uses various financing options for these investments. He continues to sit on a good inventory (as also the money) waiting for the right deal.
He has used unique methods to exploit various opportunities that came his way.
He has managed to even create a passive and regular income using his real estate investments.
He is an active participant with a network which keeps tipping him about potential offers.
In total, he has built his wealth and compounded it over time with real estate investments only.
He proves that “you can never lose money in property”. In fact, he believes only real estate has the power and potential to make you rich.
Know someone like that? I urge you to introduce this person to me.
I want to meet him to understand how they work, think, as also share their experiences and approach with all of us.
Help me. My eyes are glued to my inbox waiting for your email.
Don’t know anyone like that? Okay. We will keep looking. Meanwhile, do share your own experiences with real estate investments in the comments section.