5 Ways Rental Properties Can Change Your Life

5 Ways Rental Properties Can Change Your Life

94 View

đź“ž Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com

Real estate investing is the #1 way to build wealth, and in this video, you’re going to learn five powerful ways that buying rental properties can change your life.

âť“Ask me a 30-second question at https://morrisinvest.com/clayton

đź“ş Watch Next: How to Create Your Personalized Path to Financial Freedom: https://bit.ly/392kAsB

🏠 What's Your Freedom Number? Download our free PDF to help you determine how many rental properties you would need to achieve financial freedom: https://morrisinvest.com/freedom

đź’µ Ready to get your finances in order? Download the FREE 90-Day Financial Empowerment Bootcamp: https://morrisinvest.com/bootcamp

🎓 Want to learn more about creating your individualized plan to wealth with a proven system? Join us in Financial Freedom Academy: https://financialfreedomacademy.com

👨🏻‍💻 Sign Up for My Webinar: https://morrisinvest.com/webinar
-----------------
Combating inflation. Everyone is feeling the pinch of inflation these days, but did you know that real estate can actually provide protection in times of inflation? Let me explain: a rental property is a hard, tangible asset that maintains its value when inflation rises. When prices of goods and services increase, rental rates rise as well, acting as a hedge against inflation. Additionally, property values tend to increase during inflationary periods, leaving investors with increased equity and additional purchasing power to grow their portfolios even further.

Optimizing your time. Investing in real estate allows you to reclaim your time. Most people go to their 9-5 every day, trading their time for dollars. But when you buy rental properties, you can make your money work for you and create a passive income that funds your lifestyle. Time is the most important commodity, and when you learn to earn an income through rental properties, you’re afforded freedom of your time.

Creating financial freedom. Adding income streams builds financial independence, outside of your job, your 401k, the government, or any other entity. When you work toward financial freedom, you get to set a goal that’s based on your personal finances and standards. If you want to learn more about this, be sure to download my free PDF, the Freedom Cheat Sheet. The cheat sheet walks you through this goal setting process and helps you determine how much rental income you’d need every month in order to be financially free. You can grab it for free – just visit https://morrisinvest.com/freedom and put in your email address.

Reducing taxes. One of the most powerful ways that rental properties can change your life is an overall reduction of taxes. If you’re in a highly taxed income bracket, buying rental properties can help mitigate your overall tax burden. In the eyes of the government, providing housing is a favorable act, so investors are offered a multitude of tax incentives and deductions. I’ve seen firsthand that this can be life changing for high income earners. And even if you’re not in a high tax bracket, you can still reap multiple tax benefits when you invest in real estate.

Creating generational wealth. There is so much potential to build generation wealth when you own rental properties. Think about passing down a portfolio of cash flowing assets to your children to help them live financially free as well. Every parent wants the next generation to be happier, healthier, and more successful – so when you can put in the work to learn about building passive income and buying performing assets, you can hand down valuable lessons and cash flowing assets to your children.

As you can see, buying rental real estate offers numerous financial advantages that can allow you to build wealth, protect that wealth, and pass it on to future generations. For more real estate investing content, I’d love to have you subscribe to the channel.
-----------------
DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.


Did you miss our previous article...
https://wealthvideos.club/Wealth-Strategies/protective-puts-with-stops-protective-strategies-11024