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Updated about 3 years ago on . Most recent reply
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"I like real estate... I got a bunch of it." says Dave Ramsey- 👍
He's right and wrong.
Dave discusses how real estate compares to the stock market and that it performs well for him, but says it takes a lot of work and can be a hassle.
For an active investor, this is true. But as a passive investor, you received the same advantages as an owner without the hassle.
Monthly Cash flow from rental income
Tax advantages as an owner through depreciation
Significant returns at equity event or sale
It's still a good video. Check it out.
Would love to hear your comments below-
Most Popular Reply
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When DR talks about saving money, being frugal about your spending, and responsible about your finances.
However, when he tries to take the same restrictive concepts and apply them to REI, he's way off. Saving money, reducing spending and being responsible about the finances when you invest in RE are important, but not the same way DR thinks it is. There are way too many differences in how money works in your personal life compared to REI, that makes DR's applications of them completely wrong.