
Become a millionaire by investing in real estate
Becoming a landlord has always been a well-worn path to millionaire status, with good reason: Not only does owning properties let you generate a second source of income, your tenants? checks will help you build equity in your investment.
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The case for owning rental real estate is even more compelling now thanks to depressed prices, super-low interest rates, and the fact that the shortage of rental housing is the most acute it?s been in five years, according to CoreLogic.
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With median prices on existing homes at around $182,600, you won?t get rich by owning one home. Based on modest estimates for appreciation and reasonable expectations for profits, it?s likely to take three or more properties to produce the cumulative equity and rental earnings you need to get to the nominal sum of $1 million down the road.
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Find out how to get there CLICK HERE
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This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Become a millionaire by investing in real estate today is brought to you by SimplifyEm Pay Rent Online and Property Management SoftwareYou might also want to read:
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