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Updated over 7 years ago on . Most recent reply

User Stats

2
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1
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Katrina Ocasio
  • Cincinnati, OH
1
Votes |
2
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Why Invest in Real Estate?

Katrina Ocasio
  • Cincinnati, OH
Posted

Hi everyone,

I’m looking to build my wealth to fund my travel and philanthropic dreams, help my parents when they get older, and retire comfortably. I’m researching which makes more sense for me: Real Estate Investing (House Hacking and Investing in Multi-Family Rental Properties) or Starting an Online Business (Millionaire Fastlane style: search for a problem to solve and start a company around that).

This video called How to Research Any Topic outlines a simple approach to help make informed decisions: https://www.youtube.com/watch?v=WPbEznrOGR8

Applying what I learned in that video, I’m looking for BiggerPockets members with strong opinions in favor of Real Estate Investing, especially in Multi-Family Rental Properties.

More specifically, I have these questions for the community:

+ Why is Real Estate Investing in general the best wealth vehicle?

+ Why is your niche in Real Estate Investing (even if it’s not House Hacking/Multi-Family Rental Properties) the best?

+ What are a few things a newbie should consider before investing in your niche?

+ What are a few things about your niche that you wish you knew when you starting out?

I appreciate any perspective you have to offer.

Thanks everyone!

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