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Updated over 10 years ago on . Most recent reply

Real Estate = "Get Rich Slow" Business
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?
Most Popular Reply

I would have to agree with the "get rich slow" especially with my businness model of buying 1 or 2 rentals a year. Although, I rather get rich slow than never get rich.