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What's the best house to buy to get rich fast? I'll tell you in this video because after all, we already know that Building Wealth through real estate is the easiest way to actually build wealth for most cases for sure. unlike the stock market where sometimes it feels like we're gambling, right? Real estate. What's awesome about real estate is if you're replacing your landlord and you're getting into principal pay down appreciation, you're buying in a great area. Maybe you're even buying a property that needs a little bit of work.

You can build your net worth pretty quickly. But a big mistake people make is they get into properties that are too big or they get the largest house ever, their dream home right away. They wait until they have kids, a family, a spouse, a white picket fence, five bedroom house, and a pool. It's stupid.

You should take advantage of bank hacking. Bank hacking is where you start with buying real estate in a great area, ideally within 30 minutes where you live. You buy a one bedroom, one bath, maybe even a studio. Then you go to two and one.

Then you go to three and one. Then you go to a three and two. Then you go to a four and two. Then you go to your five bedroom three bath with a pool.

and guess what? Now you're in your pool thinking about how you got five or six other rental properties. How many retired people do you know that are broke with multiple rental properties? You probably don't even know people with multiple rental properties because most people aren't doing it. But the rich people are.

By Stock Chat

where the coffee is hot and so is the chat

9 thoughts on “How to get rich fast!”
  1. Avataaar/Circle Created with python_avatars Rey’s Coins says:

    A duplex home would be the best because you could double your profit on one lot

  2. Avataaar/Circle Created with python_avatars TheKid3304 says:

    I'd love to get into real estate unfortunately I'm paying for the dumb dumb mistakes I made all through my 20's. I got sober 5 years ago when I was 28 I'm doing great now I have a great job but my credit is just womped

  3. Avataaar/Circle Created with python_avatars Veronica Davidson says:

    Hey sweet pea, I knew you wouldn't let me down love, I ain't going nowhere, and neither are you, unless its in my arms Cara MIA!🎆🎇✨🎉🎍🎑🎀🎗

  4. Avataaar/Circle Created with python_avatars GM MD says:

    The houses you talk about no longer exist on the market.

  5. Avataaar/Circle Created with python_avatars Skankhunt420 says:

    You cant leverage massive amounts of debt under today's climate with high interest rates. The rental returns aren't even covering the mortgage let alone all the other costs in owning property

  6. Avataaar/Circle Created with python_avatars Mo Suleiman says:

    First

  7. Avataaar/Circle Created with python_avatars Andrew Greeb says:

    Houses are a liability, they don't make you money and occur expenses regularly.
    Buy assets not liabilities and you'll be rich

  8. Avataaar/Circle Created with python_avatars farid maulaui says:

    can you do a video with more detail

  9. Avataaar/Circle Created with python_avatars US Band1t says:

    What’s awesome about real estate is the previous generation bought houses for 90-100k and now those same house that we have to buy are 4-500k. Invest guys what are you doing???

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