WHAT RENTAL PROPERTY HAS MEANT FOR ME AND MY FAMILY...
I was in my mid-20s, when it occurred to me that rental property was probably a good idea. Mostly, I was fascinated by the idea of buying a multi-unit property, living in one unit, and having tenants pay my living expenses! Unfortunately, it took me a full 10 years to act on my good instincts, and get started with real estate investing!
Waiting 10 years, cost me 10 years on the other end. If I'd started 10 years sooner, the liberated cashflow from paying off the mortgages would be mine 10 years sooner! Plus, I would have been able to take advantage, sooner, of the compounding strategies (that I now teach!) to use existing real estate to literally build upon itself.
Nonetheless, I finally did get started around age 35, and I'll be forever grateful that I did. Since then, I've been able to cash in on those perks (mentioned above) that I'd missed out on in the prior 10 years. No matter how old you are, now is the time to get started!
More so, thanks to the EVERLASTING monthly income provided by rentals, my wife and I's financial future, retirement dreams, and later life financial security are SOLID. Otherwise, we would be as terrified as everyone else is right now. But it would be far worse because I would know, deep down, that my (finite, limited, consumable) savings would have been my own fault, from having let procrastination and fear rule me earlier in life.
Please don't let this happen to you either. Since you are here, right now, you know that you know the answer. You only need to take action, starting with becoming a master of rental property!
Rental property ownership and mastery has transformed my life into an EMPOWERED ONE, which has had a positive ripple effect across all other areas of my life!