As I learned and studied wealth creation, a common theme arose consistently. So many investors would create wealth or grow their wealth in businesses or real estate, then they would invest by holding real estate longer term. It served multiple purposes as you could borrow to buy it, traditionally it grew in value, and of course the consistent rents.
Conversely, keeping your hard earned capital in savings accounts, CDs and the like, hurts your chances for growth and can actually keep you from your financial goals. The 4-5% return from your retirement accounts likely isn’t enough to fund your retirement, and if you touch the principle – it’s gone! The money you’ve saved away in the bank does nothing to protect against inflation, and as the cost of living goes up, the value of your money goes down, rendering your retirement funds insufficient.
Norada Real Estate Investments can offer a solid rate of return – without the headaches. Investments in rental properties provide a steady stream of monthly income that never touches the principle investment – the property itself. Even better, as the economy changes and cost of living goes up, so do the rents, and your monthly paycheck increases, effectively protecting you against inflation!
I can help you choose the right property to get you were you want to be financially.