Real Estate is a safe, stable investment that makes you money in the long term.  

So your super basic P&L may look like: $30,000 Rents-$3,000 insurance expense -$9,000 interest-$3,000 taxes-$8,000 operating expenses-$14,000 depreciation ----------------$7,000 loss on paper for the year  so negative taxable income But remember- $14k of that (depreciation) was something we didn't actually spend money on- so cash in bank at year end would be $7,000. 

So i bought a home back in September 2022 in Kansas City Mo with 7.37% interest and I remodeled the home by putting a 2nd full kitchen and remodel the main bathroom almost putting close to $30k I have a remaining balance left of $275k in loan, I had to relocate to Dallas due to unexpected job transfers in 2024 May such a short notice didn’t want to put the MO home back on the market and loose money.

That way my money can keep working for me and I have the peace of mind that I have cash available if necessary.

I buy real estate but I carry debt which is actually tax deductible, my money works for me.

He's an educator and does make money selling education, but like most of the others doing this, he began by doing deals.

Quote from @Michael Smythe: @Tuan Tran don't fall for all the hype about S8 by so called online "gurus"!

I figured why not just use a banks money instead of using a customers money and not have to deal with picky customers.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

The same money could buy 1-2 full properties that would rent for more, depending on the market you choose.