Updated about 1 year ago on . Most recent reply
Introduction into Real Estate
- Hello!
- My name is Brandon Schaar and I am based in Deerfield Beach which is 15 minutes north of Fort Lauderdale. I plan to invest in real estate in this area. My goals with BiggerPockets is to learn about real estate investing and network, my wife and I would like to purchase our first house in the next 6 months. I first got interested in real estate investing from reading Rich Dad Poor Dad.
Most Popular Reply
Hi Brandon...Welcome to the BP forum. Choosing to invest in real estate will benefit you and your family for generations to come. Investing in real estate pays you in 5 ways appreciation, depreciation, cash flow, amortization, and inflation profiting. It is the best way to build your net worth over time. Remember this little nugget: There are 3 things you need to do to win the money game.
1. Invest in assets that appreciate in value
2. That generate monthly cash flow
3. Reduce your tax liability.
RE does all 3 and more.
Best of luck to you in your RE journey!
Cheers!