I was reading a book from a popular commercial real estate investor this evening and he made the bold claim that real estate is a "get rich slow" business. One of the most successful investors I know in Austin uses this exact same phrase quite a bit.
Overall is this something you agree with? I think the overall point is that rehab or value-add deals are good for short-term gains, but that the real money is made over the long haul owning property.
Agree? Disagree? Opinions?
Bryan Hancock MBA, RealStarter | firstname.lastname@example.org | (512) 827‑9638 | https://www.realstarter.co/Home/BH