A couple graduated college with a combined debt load of $40,000.
Five years they had a net worth of over $285,000.
Not bad, right?
You can read about it here: How My Net Worth Went from $-40,000 to $285,000 in Five Years.
Here's the shortcut: "we systematically controlled our spending so that our expenses were well below our income."
However, the next step provided the key to wealth building.
I've blogged about this before. The key to success is earning more than you spend.
Even more significant, most of their earnings were earned through one vehicle: investment property.
To this many will ask: "Can I make money today?" or, as I was asked this week "Isn't the investment thing over?"
The answer is simple- There will always be positive cash flow opportunities. They just tend to be hidden in different locations depending on market conditions.
If you're ready to test the waters of real estate investing, give me a call. It's what I do.
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Chuck Willman is the founder of USA Vest and an agent with Gentry Realty. We have helped hundreds of people find and acquire cash flow properties... you can be the next success story.
Contact Chuck at 480.292.0600 or chuck@azvest.com
Great information as usual! Keeps the information pipeline flowing. There are so many agents that need more information to educate themselves, so they can help their clients make the most informed decisions or at least give them options. You are great at doing just that, informing the real estate community about their options.
If you have any questions relating to 1031 exchanges or the qualified use requirement, please contact me at:
EXETER 1031 EXCHANGE SERVICES, LLC
Steven W. Monk
Vice President and Regional Manager
516 W Shaw, Suite 200
Fresno, California 93704
Office Phone: (559) 221-2517