Is Real Estate 1 Stream of Income or an Umbrella term?

[Craig Moore]

Hi BP,

I have a pretty simple question as I'm planning out my future as an entrepreneur. AVG Millionaire is said to have over 7 (or several depending on volume) streams of income. I was wondering, is real estate investing in itself ONE stream or is it an umbrella term for multiple streams? For example, when making a list of your streams of income is it right to say that real estate is your only one even though you may have 7 properties (7 streams)? I would like some clarity on that. If you have 7 houses that's technically 7 streams, but it only falls under one category (REI), so in trying to create streams, would you go by how many categorical incomes you have or ACTUAL income streams?

Thanks,

[George Hermann]

An income stream is a physical thing, not semantics. So, if you own a building and collect rent, that is an income stream. If you have a different income producing property, that is another income stream. They are physically independent of one another. If you lose one, you still have the other.

Hope this helps.