Also, for estate planning Money Podcast 532 Building Generational Wealth?

👀Some or all the content might be AI generated read it at your own risk*******

Might not be right either since the property wont be income generating since the tenant had to move out to get the repair fixed.Worth it to “fix up” to make more sellable for higher ROI?

Equity generation (over long periods of time) is.Real estate creates long term wealth, even for a small investor you can relativley easily create a million over a decade or two with just a hand full of houses.

My long term REI goal is to generate $120k per year in passive income (this number is always going up to account for inflation).

By doing so, you could redirect the funds currently spent on rent towards acquiring assets that have the potential to generate long-term wealth through appreciation and other investment returns.When considering partnering with a turnkey company, ensuring their reliability and alignment with your investment objectives is crucial.Regarding financial advisors, seeking recommendations from trusted sources can help you find professionals with expertise in real estate investments who can assist you in making informed decisions that support your financial objectives.In summary, prioritizing the acquisition of income-generating assets can play a vital role in building wealth and achieving financial security over the long term. 

Purchase price: $575,000 Cash invested: $40,000 The "Top 4" Wealth Generators: 1.

Stage 3 would be financial independence and Stage 4 would be generational wealth.The Mastermind – In general, I am leaning toward roughly Brandon Turner’s model:Highs and LowsTopic/Hot SeatGoals StatusI would recommend one hour and am open to suggestions on this.

Viewed another way the house generated $9,400 per month in appreciation over the last 9 years. 

Bet with your income and LCOL you generate $2M+ on that alone.From there think about how you want your wealth to look at that time.