Real Estate Investing and a Real Estate Business Plan: Is Owning Property Still a Path to Wealth?
Despite its ups and downs, real estate investing is one of the best ways to generate passive income and build equity for the future.
Real estate investing does not require certification, a license, or even the smarts of an Einstein. It mainly requires the belief that most people want a place to crash after work, go potty on their own toilet, and make their coffee in the morning, and therefore will look for shelter in order to do all that. Ever since we lived in caves, we have insisted on a way to make coffee in the morning before having to commute to a day of hunting and gathering.
The cave may as well belong to us, rather than to some random cavelord who reaps the benefits of our rabbit skin and antelope horn rental payments.
For two years now, I’ve been haunting the real estate web sites, looking at land and houses for sale in various parts of the country. I’ve been retired since 2014, and have been waiting patiently for the hubs to retire, too.