It may probably be a temporary fixed for Schenectady housing problems, but it may help me build wealth. I

“Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.” 

Hello everyone, Not sure if this has been answered before, but as I begin to embark on my journey to creating passive income and long term wealth, I am constantly going back and forth about which method to pursue.

The process changes over to portfolio lenders or private money (wealthy partner) …. 

It is artificially restricted supply, due to land use restrictions, and a lot of wealthy NIMBY owners that slammed the door shut behind them.But even if the NIMBY folks loosened up, it's still MUCH more expensive to tear down existing structures and build new, higher ones.

You demonstrate that every day which does make you a VERY wealthy man!

Plymouth is a pretty wealthy area, your applicants should be able to put down 1.5X rent as a security deposit.

So those will take a lot of risks could be very wealthy but they could also lose everything.

I'm new to the REI game, but I feel your pain working hard to make other people wealthy.

I understand investors not wanting to use debt, but debt is a great tool for investing and maximizing returns, generating wealth is tough to do without debt.