This is where PASSIVE INCOME can come in to relieve some pressure.
When the business owner/Self employed person only has a business to rely on for their income, it can leave them in a difficult position when they leave or sell the company.
Or worse yet, if it eventually doesn’t work out. Alternatively, if they have a second income stream, this can provide some security and confidence during the storms. And there will be storms! Cash-producing Real Estate can be a great way to diversify their income streams without detracting your energy from your business. Some call it mailbox money, some call it arm-chair investing, some call it passive income.
Either way, it can be a great way to provide some certainty to the entrepreneur in a sea of uncertainty!
So, why should entrepreneurs invest in Real Estate, specifically in Apartments? Investing in apartments provides lower risk and better returns than stocks and bonds.
Entrepreneurs are constantly evaluating risk versus reward. The goal is to get the biggest reward with the least amount of risk. With investments, real estate does a great job of this.
