Many people ask that when the best time to invest in real estate is & I don’t think you should invest when you got no money. HEHE.
Well, Real Estate is a great way to hold your wealth, but you should focus on building your business at first, because at the end of the day, Real estate is very capital intensive. So, even though you can use banks money and you can use leverage. But this is not very scalable business.
Example: You have a lot of cash coming in and you want to have 2, 3, 4, 5,6 thousand per month positive cash flow, you should acquire a substantial amount to do that plus business can make 10, 20, 30 thousand very easily.
My recommendation, it’s my philosophy might be a lot of people would disagree with me, Build Your Business at First when your business flows so much cash, you have to invest in other business to grow your profits, and when you got more cash flow from your business Put Extra Cash Into Real Estate.
It doesn’t have to be Real Estate; it’s what I just like that’s why I choose Real Estate, If you like apart from Real Estate you can invest in there. But Real Estate is high income return investment.
Build Your Scalable Business First, Then You Can Invest In High Return Investments
So, with real estate doesn’t matter what you do is business OR you use it to generate income. There are people that they generate income with real estate.
I think it’s easier and fast to create wealth when you have a business that makes you money and you take that money and you put that into real estate. Because after that you invested that piece of money into real estate while it grows you can buy another property from the money you make from your business.
Before you leave this post, I recommend you Don’t Wait To Buy Real Estate, Buy Real Estate And Wait
When is the best time to buy real estate? Well, when you have so much money that is the time to invest in real estate. When you have so much cash coming in from your business take that money and invest it.