The key to financial freedom is to have choices. You create choices with money. You create money (passively) via one of two methods.
1. Build a business that generates passive income with/without you.
2. Invest passively in businesses that pay you a passive income.. i.e. mailbox money.
This is also known as Robert Kiosaki's Cash Flow Quadrants.
There are always real estate cycles. Typically every 5-8 years. If you look at the data, we have been on a bull run since 2012. Unfortunately our politicians are not looking out for us anymore. The ship is out to sea and they know it. The days of the US dollar as the world currency are numbered. I know people have been saying this for years now... but now the stars are aligned for an event that may make 2008-2010 look like a walk in the park. History has shown "reserve currencies" typically last 40-50 years. Nixon took us off the gold standard in 1971 and moved the US dollar to the world reserve. Do the math. We are right around 50 years now.
Do you remember the housing crisis of 2008-2010? I remember it very well. I watched my dad's 40 year fortune go up in smoke. He had to file a $60,000,000 bankruptcy because he made the mistake many developers do and over leveraged, got caught and paid the ultimate price. In 2008 we were developing 200-400 unit complexes. I learned a lot from that moment in time. I took notes and promised I would never make the same mistake my dad did. The financial crisis of 2008-10 has shaped and moulded the discipline and investment strategy for our company.
20 minute training to help get you started in multifamily investing. Bunch of Free Downloads
The information and material included in this presentation are for educational purposes only. This presentation will introduce you to concepts we use, but they may not apply to your personal situation. Always speak with a team of licensed professionals before applying strategies or information and concepts from this document. Real estate investing is considered risky and there is no guarantee that you will make money from the strategies you learn from this training. You will always be the X factor. Take the time to educate yourself, learn the business, and gain the knowledge necessary to take successful action. This is brought to you by Multifamily Intelligence dba. The purpose of Multifamily I is to provide networking and learning opportunities for real estate investors in order to allow investors to make informed decisions. Multifamily I makes no endorsement, warranty or guarantee of any kind whatsoever with respect to the opinions, services, information or products mentioned or promoted by any of the speakers, presenters or sponsors of Multifamily I events or programs. Members, attendees and participants are expected to do their own individual due diligence before making any investment decisions, are strongly encouraged to consult with their own legal and tax professionals. Neither Multifamily I nor its principals, employees, agents or volunteers are liable for any claims of damages or losses, direct or indirect, arising from any transactions of any kind involving members, attendees or any participant of a Multifamily I program or event.