You go find a guy that's got 80 single family homes and collecting rent from 80 different people.

Just go have breakfast with it. And I guarantee you within 20 minutes of conversation, it's going to be like, I want to get rid of these 80. I've been doing this game for 35 years, and all I'm trying to do is tell people a faster way to fast track their success. And like, you're going to not do that. You're going to do the single family, and then you're going to do a flip, then you're going to do a wholesale.

You're going to learn all this bullshit that you're not going to do later on you're basically just working you're a manager don't be a manager man skip all that move to the 40 units move to 80 units that's where the money is that's where the cash flow is that's where the depreciation's where all the good leverage is, and most importantly, that's where all the good deals are. He's actually got this backwards. Single family homes aren't a beginner trap, they're actually the end game. I spent time with investors who own 60 or 80 houses free and clear, and I've also spent time with a go big, highly leveraged department investors. And the differences in their actual lives was very clear to me.

The investors I knew who had houses were calm, they had options, they had lots of cash flow

coming in, and they weren't chasing the next deal just to keep some big machine going.

The big apartment investors, they had definitely built something very impressive, and those

were usually the most wealthy investors I've met. But a lot of the times, they were also stuck feeding the business beast. They had more deals they wanted to do, more pressure, more people to manage, more complexity. So in that situation, it starts to feel a lot less like investing and more like a business that you can't step away from. So the main point to me is apartments can be great investments, but you don't

need them to be financially free. The goal isn't to be the biggest investor is to have the most

freedom for your life. And smaller residential properties are safer, they're simpler, and they're

much easier to adapt to whenever your life changes. If you want to sell one house, that's easy.

If you want to sell a 200-unit apartment building, that's a big process.

It's like the difference between steering a speedboat and steering the Titanic.

One gives you a lot of flexibility, the other is really hard to turn.

Real estate is an awful way for you to actually make money.

Option one, you can go buy a single family home for $400,000 the average price in the u.s and then you rent it out to somebody well the average rent nets you profit wise

about 167 dollars a month so you're taking a 400 000 risk for a couple hundred bucks a month

then you take the average small business you could buy same way you could for buying a piece of real

estate so 400 000 business you put some money down and get the rest from the SBA or seller financing,

and the average small business makes 10 to 15% per year.

You're cash flowing tens of thousands of dollars from a business instead of real estate.

You know, she's right if you only care about making money this year.

Because a small business is great at making money

...