As a lifelong Chicagoan, entrepreneur, and real estate broker, I love everything about this city...but the one thing that makes Chicago so great is the amazing people. On this weekly podcast, We want to pull back the curtain and introduce you to some of the sharpest minds in business, education, and politics so that you can learn how to scale your business faster and more efficiently and achieve greater success in your professional and personal life! You are going to learn from some of the highest-paid experts, entrepreneurs, and business leaders about their specific tactics, strategies, and insider tips on leadership, leverage, technology, hiring, and building an amazing culture so that you can create the success and the change you’ve been looking for. I’m Young Lee…. Welcome to the Success Game. Also, be sure to subscribe, if you haven't already, so every podcast gets sent straight to you and you don't have to go searching for it! See you next week on the Success Game!
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episode 25: The Best Way To Build Wealth from my 17 Years in Real Estate
If you want to make lots of money, sell real estate. If you want to become wealthy, own real estate. Young Lee goes straight to the heart of the matter in this week's advice-laden episode of Chicago Business Review.
Young has been running a team and working in real estate for over 17 years and he's here to tell us the best way to build wealth based on all his experience.
There are three primary reasons why owning real estate is a smart way to get wealthy. You only have to pay a small percentage of the property's value as a down payment to own it. You can get someone else to cover your monthly bond payments with a good rental agreement. And your property will appreciate over time.
Young's Top 3 Tips on generating real wealth through property investment will have you thinking about whether you are doing your very best to get wealthy rather than just getting rich. Please join us.
"History tells us that home prices always go up. And the reason why is, it is a finite asset." ~ Young Lee
In This Episode:
- Three reasons why investing in real estate is a great tool for building wealth
- Using your property as leverage to get a loan
- How to get someone else to pay for your asset through a rental agreement
- Why property prices appreciate in value over time
And so much more!
Connect with Young Lee:
- Facebook - Young Lee | Facebook
- LinkedIn - Young Lee - Host of the Chicago Business Review Podcast/Show