Realty411 Magazine Featuring Eric Counts, Credit Nerds - Page 93

Real estate is the investment for intelligent investors today. But where do you find the time and great returns without sacrificing everything else you love doing? The Status Quo & Investment ‐ Strategies that Fit There appears to be nothing safer to invest in than real estate today. The returns are pretty attractive too. But when sophisticated investors and busy professionals look at how most others are investing, it can start to appear challenging. If you are a doctor, lawyer, professor, or even successful artist – you don’t want to ditch a great career you are passionate about to start from scratch learning about being a landlord. Hands­on fixing and flipping houses and managing your own rental properties can be great for those who don’t really love their jobs, or need a new source of income. But it’s a different story if you are already putting in 40 hours a week in something you like. Or, if you are already financially independent and don’t want to cramp your free lifestyle. If this is you, your friends might be invested in REITs, real estate company stocks or even turnkey rental property programs. These can be great ways to diversify a portfolio. But stocks and REITs are really too volatile. Turnkey rentals are great. They provide automatic passive income and all the perks of direct investment in property. But is that the best you can do in returns and getting ahead? 93 You Can’t Afford Not to Demand More The problem is that the vast majority of individuals and couples are way behind on retirement savings and wealth building. The average 401(k) balance is only around $100,000. Recent data from the Federal Reserve shows that retirement savings and investment balances drop to almost half, by the time individuals are in retirement. Real Estate Investing: How to Make 3 Times More Returns Than Your Friends Turnkey rentals are great. They provide automatic passive income and all the perks of direct investment in property. But is that the best you can do in returns and getting ahead? By Sensei Gilliland, Founder of Black Belt Investors