There is a wealth building tool you are probably not paying enough
attention to, and while you ignore it, the opportunity to benefit from
it is quickly passing away. So today, I want to share with you a secret
that you need to focus on if you want to create wealth for you and your
family for generations to come. This wealth creation secret is
real estate.
Perhaps you recall your grandparents saying
“now that you have a job it’s time to buy land.”
Unfortunately, we did not heed their advice and decided to buy cars
instead, because it provided instant gratification and recognition from
our friends that we craved with our new and seemingly endless pool of
money
If I knew then what I know now, I would have invested more heavily in
real estate.
The income potential and opportunity to create wealth with
real estate
is unmatched by any other investment instrument. Despite the noise in
the market, real estate is the one vehicle you can use if you want to
increase your income, decrease your stress, accumulated felt and retire
early.
I recall some time back I was asked to write an article for the
initial publication of the “Exuma Guide”- an article that has been
featured and quoted numerous real estate magazines, journals and
websites.
In the article, I talked about the enormous potential that investing
in real estate in Exuma had, a potential that today I am realizing that I
grossly underestimated. Not only did I not grasp the enormity of the
potential, but I also did not follow my own advice – decision I am now
regretting today.
You see, real estate that Sold in Exuma in the past at modest prices
is now selling at 150 fold the price, and that is no exaggeration.
Think about that for a moment.
What other investment instrument do you know that can provide that kind of return in a 5 to 10 year period?
Real estate is simple. There is really nothing complicated about it:
you simply buy, hold and sell, usually with a substantial profit.
I am sure that I have oversimplified the process and must hasten to
point out that, like all investment, real estate does have its share of
risk. But over the long term, those risk of minimal, especially if your
investment is in land.
Unfortunately, young Bahamians are continuing to make the mistake of
not recognizing the enormous potential of investing in real estate, as
there are a number of ideally position opportunities in New Providence
that are slipping through their fingers.
Cable Beach, for example, is generally considered a smart investment
with the rise of Baha Mar, and many of the new developments are
competitively priced.
It does not necessarily matter what the economy is doing. When you
invest in real estate the right way, you set yourself up to make money
and grow wealth in both good and bad times.
if you want to start setting yourself up to grow wealth then you want to get my weekly
Real Estate Wealth Tip video its FREE. All you have to do is click on this link - Real Estate Wealth Tip Video and enter your information in the form provide and I will get you the
information your need to start creating wealth with real estate.
Glenn Ferguson is the Bahamas’ #1 Financial and Retirement Coach,
and his focus is helping you to painlessly take control of your money so that you can own
your pay cheque again to create wealth for you and your family. Email
to: glennsferguson@gmail.com Web site: www.
financialcoachingwithglenn.com Tel: 242-327-2453 Fax: 242-327-2456