Streams of income

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Real Estate rental income can be a big part of your overall yearly income and retirement. Just think, in 15-20 years, having a 4-unit investment property paid off and providing you with over $4,000 a month in rental income. Image having 40 units brings in $40,000+ a month in total revenue. 

Flipping 1 or 10 homes a year can be a very lucrative business for you. I have averaged $22,100 per property flipped over the past 15+ years. If you do the math on flipping 5 to 10 of them each year, this could set you on your way to financial independence.

I have been in real estate sales since 2003, with well over $100,000,000+ million in sales. I am now a licensed real estate broker and owner of multiple real estate offices and companies. In my best year as an agent, I sold over one property weekly. This is an excellent way to get involved in real estate and know your local market. 

Owning several businesses can provide you an income from multiple streams. Understanding how to build a company and run various companies and locations can be lucrative and challenging. 

I am not a prominent stock owner; the stocks I own must be dividend-paying stocks paying monthly and quarterly dividends. These stocks pay you monthly or quarterly and can grow your portfolio with minimal effort.