finances can be complicated but they don't have to be i break down financial topics that may seem

complex and overwhelming so you can start taking action on your financial goals i'm a

tally and it all starts here on Personal Finance Redefined.

Hello and welcome to another episode of the podcast.

Hope you guys have had a great week so far.

Please feel free to leave me a review, rate the podcast.

If you like it, share it with your friends.

And we'll go ahead and get right into it.

So today's episode is about should you invest in real

estate? So when people hear the words real estate, they may think about the passive income it can

generate, the potential tax benefits of owning real estate, or maybe like many individuals, they're

worried because they're house rich and cash poor, meaning the majority of that person's net worth

is tied up in their home. Now, having a high net worth can be great. There's no issues with that,

but having that high net worth doesn't mean much if you can't use it to your advantage.

So if almost all of your net worth is tied up in your primary residence

and you hope to retire but continue living in that same home, what good is it having a high

net worth? Where will the funds to live off of come from? You could have a $5 million valued home

but not have the income to pay for groceries, hypothetically, if you

had no other investments, which is rare, but it's just to show you what that means.

So real estate can be a great investment, and has performed very well, especially over the

last decade.

So when beginning to think about real estate and whether it makes sense for you to

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