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Easiest way to get rich is not by YOLO and call options on the stock market. I Might be wearing a jacket because I rang the bell at the New York Stock Exchange But I Don't think that unless your net worth is over a million dollars, you should even bother with the stock market. Now that's a crazy claim. Why would I make that claim Because I Believe the easiest way for any individual to get rich is they buy their first property.

Buy your first home. Not something over improved, not new construction. Buy something that needs a little bit. TLC Some paint and carpet.

Some love something you can build some increased value into. It's like a safety blanket. Then there's a reason. the net worth of a property owner a homeowner is about 20 times that of the average tenant.

It's because every single month, rather than all of your rent disappearing, you pay a good chunk down on your loan. And yeah, you don't have a landlord who's coming to replace the stove for you. but stoves are like 600 bucks. It's not a big deal.

To be a property owner is how you get over the fear of real estate ownership and how you could be on your path to becoming a millionaire and you could get in like I did for just three and a half percent down principal, pay down, tax benefits, appreciation opportunities for credit lines. In the future, real estate is where it's at.

By Stock Chat

where the coffee is hot and so is the chat

6 thoughts on “If you aren’t a millionaire do this”
  1. Avataaar/Circle Created with python_avatars Oscar Figueroa says:

    I couldn’t find a property at a reasonable price. I bought a lot build a house for 220k and sold for 330k after fees a pocketed 80k. It’s much cheaper if you sub out the work

  2. Avataaar/Circle Created with python_avatars Anonymous says:

    In europe minimum 20% down everywhere

  3. Avataaar/Circle Created with python_avatars B P says:

    You're a scammer Kevin Packrat. You and your fraudulent etf were exposed by Mike Stathis and others.

  4. Avataaar/Circle Created with python_avatars Peter Parker says:

    Thx kev

  5. Avataaar/Circle Created with python_avatars Tan giang says:

    Invest first then start a business then go into real estate 🤪

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

    That's a quick one boo boo, but affective! 🎆🎇✨🎉🎍🎑🎀🎁🎗

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