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Why Real Estate Will Always Be Your Best Investment by Mik Cohen

7/28/2012

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Nowadays, my business is taking lots of my time - and I'm cool with that.

It's an exciting AND rewarding business.
For the faint of heart - it's VERY stressful too.

So, just exactly what is it about real estate investing that makes the risk worth the reward ?

In a word: wealth

Wealth has many definitions, but I'm referring to 2 elements of wealth that makes it worth it - for me.

#1: Independence - I get to live any way I want to, as long as I have the discipline to self-motivate and perform the steps, every day, needed to make deals happen.

There's nothing greater than having the freedom to plan your day any way you want to. 

Any time you want a day off, you got it.
Need a sick day ? Done
Want to take a drive to Yellowstone to check out the beauty and pull some inspiration from Old Faithful ? Done

Whatever you want, whenever you want it is all part of the experience.
Having those freedoms is powerful and deeply satisfying.

Of course you realize I, only, put independence at #1 ASSUMING you have a handle on #2....right ?

#2: Systems - Methods, methodologies, people, programs, routes, associations, etc.
Whatever it takes to make your time spent, running this business, successful - you've implemented it and you do it, EVERY day.

Another reason I LOVE real estate investing is because it's something tangible.
It's a physical possession - I can touch it, feel it, walk it, live in it.........you get the point.
It's NOT like stocks, bonds or mutual funds - which are NOT tangible.

I can use real estate in many different ways: I can borrow against it, change it's shape, size, color - modify it in almost any way I choose - as long as I understand the game, right ?

I mean, before I put $$ into the real estate I purchased, I have to be sure I purchased it right and, after I sink "X" amount of $$ into it, I have to be sure I can sell that asset over and above my basis, which results in the 2 elements of wealth I discussed earlier.

In other words, I have to have a plan BEFORE I go in.




Picture
Wealth also relates to it's, obvious, definition: Money
When you have $$, you have the ability to empower.

What are you interested in ? 

Do you like getting out on the open seas, with some of your closest friends, in your Ocean Alexander ?
Do you like helping those in need ?
Do you like contributing to the growth of your favorite university ?
How about those season tickets/box seats at your favorite sports stadium - even if it's a 3 hour flight a couple/few times a month ?
How about funding a non-profit that is significant to you and the cause(s) you believe in ?

Yeah, real estate has created more wealth than any other investment and, if you get a good handle on real estate investing, you can achieve all of the above.

 For these reasons, and many more, I believe real estate investing is your best investment.

Want to look into the possibility of investing with us ?
Contact me.

Happy investing -
Mik
New To You RE, LLC

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