I am more certain than I have ever been that investing in real estate is the easiest and most accessible plan for fulfilling financial goals and dreams. In fact, real estate investing is the simplest and most available way to build a true wealth creation system. What do I mean by “a true wealth creation system”? A wealth creation system is a simple, repeatable process that produces long-term passive income in order to provide you with all of the money and time you want and need in life. True wealth is not having an abundance of money. Tue wealth is controlling a system that produces a constant flow of abundant money. I often say that the key to wealth isn’t cash – it’s cash flow. In other words, the key to wealth is controlling a system that produces a constant and consistent supply of money. The key to acquiring wealth really lies in acquiring assets that produce wealth.
Every wealth creation system contains three essential, non-negotiable elements. In order for a financial system to create true wealth it must include a step-by-step plan to acquire capital, or more simply put – cash. It must also include the development of solid and healthy financial habits. Finally, a wealth creation system must include an easy-to-follow plan to acquire income-producing assets, or again more simply put – cash flow.
Let me illustrate how investing in real estate can function as your personal wealth creation system. Quick Cash investing, where a regular house is purchased at a wholesale price and then resold at a retail price, is the way that hundreds of my students have made big money and gotten themselves started on the path to wealth creation. Quick Cash has given them the influx of money they needed in order to clear up old debt and other financial issues.
After getting their hands on capital through Quick Cash investing and developing healthy money habits, many of my students have gone on to purchase Cash Flow real estate. Cash Flow investing is when a property is acquired for wholesale terms and then remarketed using a wrap strategy. The spread (the difference between the underlying mortgage payment and the payment your occupants pay you to live in the house) provides you with a steady stream of passive income, which ultimately results in true wealth. My students have used Cash Flow real estate properties to develop a healthy passive income that they don’t have to work for to receive. This simple strategy – using Quick Cash real estate investing to acquire capital, using that capital to clear up debt and establish healthy financial practices, and finally using that capital to purchase cash flow producing real estate assets – is a strategy that you truly can use to build your own wealth creation system.
Don’t wait. Get educated about the techniques and strategies that you can use to become an active and successful real estate investor, and start building your personal wealth creation system today!
