Did you know that real estate is the most popular passive income stream for millionaires? In our Instaread summary on Skip the Flip, we examine real estate expert Hayden Crabtree’s advice for building wealth with this user-friendly form of investment.
When you invest in stocks, your wealth is controlled by someone else. That means that, on top of the inherent risk, you are vulnerable to manipulation. As a physical asset, real estate is a more stable and safe bet. You can use it and improve it, which gives you more control than other types of investments.
Real estate is also a relatively easy investment. Once you know what you’re doing, it doesn’t demand a lot of continuous time and work.