Concerning the article about building wealth
I just read the article that was on this site " Investing in rental properties won't build wealth but this will".
To sum it up and NOT verbatim is says, it's a good idea to invest in rental properties but to think you can be financially independent quickly, won't happen. It says the best thing to do is build a business and then buy real estate. It would take to long to have enough cash flow to support your living.
I agree and disagree. In a way it's frustrating to me. Iv been working toward this goal ( to be financially independent from rental property cash flow) for the last eight years.
My question: Has anyone became financially independent quickly from buying rental properties?? I'm talking 3-5 years.
If you have then can you please share how you have done that, your strategy and your goals???
Or just leave a comment and let me know what you think.
Thanks.