Quote:
Originally Posted by sweetcuties
Most people get wealthy in the US thru real estate... if you have enough rentals, you'll be easily making a few thousand a mth. The only thing about real estate I don't like is that it ties up $$. Long term tho, you can't go wrong... if you buy smart  |
Right.
Real estate is a long term investment. You can benefit on the short term with rentals, but once you start hitting the 10/20/30 year marks you are cruisin'. It ties up a lot of capital, but in the end will give it back with appreciation.
It's not a get rich quick scheme.