Using real estate investment properties as a vehicle to propel yourself to financial freedom through direct-ownership of rental properties will get you to financial freedom the fastest, so here at Buckingham Investments we recommend concentrating on this form of real estate investing. Over time, you can make your real estate business more and more passive by putting in place proper systems and the right people to manage most of the day-to-day issues.
In partnering with Buckingham Investments, you’ll be immersed in our ecosystem from the outright so you don’t have to worry about heavy lifting or learning everything in multifamily investing to get started. We are here to guide you through the process and tackle how you can actually get started to building your portfolio. Building your team is a key step while working with one of our investment real estate agents. Buying or selling a primary home is not the same thing as investing in property for growth, cash flow and profit. We specialize in working with investors and most own our own investment properties, so we are here to uniquely position you to be successful in real estate investing.
The first step is to educate yourself. You need to understand the basics. When you work with a Buckingham Investments agent you’ll be presented with a property, analysis of the numbers and knowing if it is a good deal in order to close more properties. Educating yourself allows you to mitigate risk, recognize promising opportunities, realize higher returns, and choose the right exit strategy. Educating yourself and building your team is essential so that you can work towards building financial independence.
Financially independent individuals are able to cover their living expenses through income-generating assets. Once attained, it offers you the freedom to have control over your own time. It won’t happen overnight, but a cash-flowing portfolio of properties can bring you the financial freedom you’ve always wanted. How big you need to grow your portfolio will depend entirely on how much is required for you to realize financial freedom. Simply put, start with the end in mind.