PART 1
WHY REAL ESTATE INVESTING?
Real Estate Investing Is an I.D.E.A.L. Vehicle for Early Retirement
CHAPTER 1
WHY REAL ESTATE IS THE I.D.E.A.L.
INVESTMENT
People are always blaming their circumstances for what they are. I don’t
believe in circumstances. The people who get on in this world are the
people who get up and look for the circumstances they want, and, if they
can’t find them, make them.
—GEORGE BERNARD SHAW
As you probably know, climbing the financial mountain isn’t unique to real
estate investing. Just like there are multiple paths up a mountain, there are
other vehicles to get there that have been used by successful early retirees.
For example, you could use dividend stocks, bonds, small businesses, index
funds, bank CDs, and more to climb to your goals.
But of all these choices, real estate investing is my favorite. And my
guess is you like it too since you’ve picked up this book! Real estate
investing is a perfectly suited vehicle for aspiring early retirees. It gives you
an incredible amount of control over the method and the timing of your exit
from the rat race. Let me explain why by showing how real estate investing
is I.D.E.A.L.
I learned this acronym in the first real estate book I read after college.
And I have yet to find a better way to explain the core benefits of real estate
investing. I.D.E.A.L. tells you the primary ways you can profit with
investment properties:
•Income
•Depreciation
•Equity
•Appreciation