Welcome to passive real estate investing the show where busy people like you learn how to build substantial passive income while creating wealth for the long term and now here's your host

Marco Santorelli.

Hello and welcome to another episode of passive real estate investing.

I'm your host, Marco Santorelli.

Well, I wanted to take a little bit of time

this Saturday afternoon to record a relatively quick episode on the power

of owning just one rental property. You see a lot of investors discount the impact that having or owning one single rental property has on their life and their future, especially their financial future.

They just simply discount it and either don't do anything or they don't get started or they just don't look into it any further.

I believe that everyone should own at least one rental property.

Owning real estate simply means that you have an income

generating asset that will continue to generate income virtually forever.

Unless you destroy the property, burn it down, or sell it, you will always have this income producing asset that will work for you as long as you maintain it

It will constantly generate income and generate wealth for you and your family and your generations for many, many years to come, virtually forever.

So of course, you know, you'll have turnovers, which means you'll have some downtime

from time to time, but that's normal with income producing real estate,

any kind of real estate.

When you have a tenant and a lease,

you will have vacancies and you will have downtime.

But don't focus on that. That's a minor fact and

course of business and owning income producing real estate. But think about this,

if you purchase the property and you use leverage, which is what 99% of real estate investors do and you leverage

your investment capital and you have a mortgage let's just say you don't pay the mortgage off for 30 years

...