I currently do not have a strategy or a steady means of income, I'm just a person staking in a few coins and hoping it will become big in the future. So real estate investing is your major source of income?
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@josediccus Staking your coins is a great strategy to get some passive income! Yes, Real Estate solves a lot of the wealth problems such as starting with little or no capital and the success curve is much smaller on real estate because it is an ancient business that is easily financed by just about any bank in the world. That allows you a ton of leverage to build up your capital.
I've always stuck to rental properties, but selling them or refinancing them to buy larger properties is a great way to increase income and net-worth when done properly with a long term approach.
The tax advantages further make real estate the best asset class to grow wealth because you can essentially hide nearly all of your income through depreciation and expenses.
Real Estate is like owning a business. As such the point in every business is to one day go public, which essentially is a way to sell off the majority of your equity and exposure. Real Estate offers those same advantages at just about every level without having to take a company public.
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