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If you want to make lots of money, sell real estate. If you want to become wealthy, own real estate. Young Lee goes straight to the heart of the matter in this week's advice-laden episode of Chicago Business Review.
Young has been running a team and working in real estate for over 17 years and he's here to tell us the best way to build wealth based on all his experience.
There are three primary reasons why owning real estate is a smart way to get wealthy. You only have to pay a small percentage of the property's value as a down payment to own it. You can get someone else to cover your monthly bond payments with a good rental agreement. And your property will appreciate over time.
Young's Top 3 Tips on generating real wealth through property investment will have you thinking about whether you are doing your very best to get wealthy rather than just getting rich. Please join us.
"History tells us that home prices always go up. And the reason why is, it is a finite asset." ~ Young Lee
In This Episode:
- Three reasons why investing in real estate is a great tool for building wealth
- Using your property as leverage to get a loan
- How to get someone else to pay for your asset through a rental agreement
- Why property prices appreciate in value over time
And so much more!
Connect with Young Lee:
- Facebook - Young Lee | Facebook
- LinkedIn - Young Lee - Host of the Chicago Business Review Podcast/Show