Real estate has been a strong investment option for many years, due to several benefits that come with ownership. Some of these advantages include consistent cash flow, asset appreciation, inflation hedges, tax advantages, and leverage. Let’s break these benefits down a bit further.
At a high level, generational wealth is a family or individual who has the means to pass along their wealth to their heirs. The hope is that these recipients have the right discipline and knowledge to protect these assets so that one day they can pass down an equal or greater amount of wealth to the next generation, and so on.
In this blog, I outline some of the main principles that have shaped my mindset in life to this point. The following values have been significant for generations and will continue to hold merit for years to come. These specific ideals come from parents, mentors, and coaches. Most of these lessons were learned in the school of hard knocks, and took several seminars until I realized the significance of each.
A real estate syndication is when a group of individuals or businesses put their capital and/or resources together to buy one or more properties. Syndications are often formed when purchasing larger pieces of real estate that require substantial capital investment. Let’s look at these types of investments further…