Real estate is a great investment tool to build wealth, but not all real estate investments are made the same. In this video, I’m talking about why I love investing in real estate but why I never invest in land.
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Investing Your Money: https://www.youtube.com/watch?v=U7tJn4qv8Lk&list=PLKsS_EjCEmdojUw_JdJgLKkyPiGJphcmK
Real Estate Investing: https://www.youtube.com/watch?v=4-hnVtPCLms&list=PLKsS_EjCEmdqIuFuM-4soEpS0ybzBTnoh
I NEVER Invest In Land Even Though I Love Real Estate – Here’s Why
0:21 – You want be smart with your money and buy assets but what about buying land
0:50 – Land doesn’t depreciate but that doesn’t mean what you might think
2:01 – When you buy land you’re speculating on the value of your land
2:35 – I invest for passive income because I can control my investment, I don’t invest for appreciation
3:29 – Do you like losing money every single month?
4:06 – There aren’t a lot of land buyers so it can take you a long time to sell
4:44 – Developing your land is a different story
5:13 – Land investing is boring. It’s one big waiting game
What Is The Minority Mindset?
The Minority Mindset has nothing to do with the way you look or what kind of family you’re from. It’s a mindset.
Give the majority $200 and they will come back with a pair of shoes. Give the minority $200 they will come back with $2,000.
Think from the mindset of a consumer and be the provider, that’s the Minority Mindset. Don’t be the majority. #MIH #GetMoneySmart
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This Video: https://youtu.be/McGb9YQmiWk
Video host: Jaspreet Singh