It's confronting and true.
Monopoly is most people's first and only education about real estate investing. We all know: the winner of the game is the person who owns the most real estate in the best parts of town. No one wins the game by hoarding cash.
It's a game about putting your money to work.
I would add a caveat here - you don't have to own real estate in this life or the next. No one has to buy a house, and no one has to be a homeowner or a real estate investor to retire comfortably.
But you have to own something: gold, stocks, index funds, Pokémon cards. Your life changes when you have a tiny pile that's steadily growing. The future becomes less unknown and more predictable.
And, by the way, if you've ever dreamed of being a landlord (and I mean who hasn't), it's a buyer's market in 2-4 units, and fire sales galore on 5+ units. Apartment building prices are back to 2010-2015 levels.
I just saw a walkable 6-unit building in Atwater (all 2-beds, with five vacant units) that is for sale for less than a house.
And if you don't think you're cut out for investing, maybe it seems too complicated and risky?
Then try this: just think of all the landlords you've ever had in your life.
Were these, like, smart people? I didn't think so.
It's been a busy year so far - almost 75 homes sold and pending, so thank you to everyone for your trust and support!
