Many of the ultra rich in our country have made their fortunes with real estate. Altho that may not happen to the average person, owning real estate is a great way to balance an equity portfolio. Your tenants pay the mortgage for you and allow you to get a positive cash flow, build equity, and wait while the property appreciates. After many years, when the mortgage is paid off, you have a steady income stream for retirement. As an investment property owner, I understand how this works. Id be happy to meet to explain the details.
Sandi Lichtman, Broker
