How Real Estate Investing Can Fit Your Goals

How investing in real estate can help you meet your financial goals.

How can investing in real estate help you hit your income goals? To effectively answer that question, we need to dig deeper. It all comes down to your financial goals, and in my experience, these goals break down into three categories:

1. “I want immediate income.” You might be looking to replace your salary with real estate income. People with this goal tend to go into the rehabbing game—they buy, fix, and sell properties, making enough money to quit their job in the process.

2. “I want to add some supplemental income.” If this is your goal, you don’t want to quit your job, you just want to add some income on top of it. My team and I typically assist people with this goal by helping them buy rental properties. I’d be happy to sit down and talk through some different options you have if you just want to add a bit of income.

"Other people would pay down your mortgage while you build a huge nest egg."

3. “I want to buy an investment.” Whether you’re saving up for retirement or want to set up something that will pay off while your kid is in college, real estate can help. If this is your goal, it’s best to look at multi-family and commercial investments. You won’t get a ton of cash flow from them, but other people are paying down your mortgage while you build a huge nest egg. 

If you’re thinking about investing in real estate, my team and I would love to chat with you about it. Just call or email us!