Retire Early with Real Estate (You’ll Be Shocked)
It can take a long time to become financially independent and retire early if you’re saving a portion of your income and investing into something that provides only average returns. Earning a 10% annual return isn’t going to help you build wealth quickly, especially when factoring in inflation. On the other hand, investing in real estate could provide you the ability to retire at a comparatively younger age. By using some creative strategies that allow you to earn maximum cash flow and build significant equity with your purchase, you could retire in less than ten years as opposed to a more typical 40 year timeline. One of the many benefits of investing in property is that it’s possible to receive healthy cash flow in addition to appreciating property values. Contrary to popular belief, you don’t need millions of dollars in real estate to make a livable income. In fact, it’s entirely possible to retire with just one single unit which we will discuss towards the end.