Well today marks the 10th year that my real estate company, Lenoir Properties, LLC has been in existence. It is hard to believe that we have been in business 10 years already.
Lenoir Properties, LLC is a family owned business holding investment property all over the USA.
It seems like only yesterday when I decided to use Real Estate as my primary vehicle towards building wealth for me and my family. I am so happy that I made that decision 10 years ago. My only regret is that I did not start much sooner (like 20 years ago).
Don’t get me wrong, it was not always an easy ride. There have been some bumps in the road. Especially during the housing bubble and the mortgage crisis. Early on in my real estate investing career I made some stupid mistakes which led to me filing three separate lawsuits against former tenants. Only one case was dismissed but I won the other two. Thanks Judge Judy.
I must say in the beginning I wasn’t so sure I would be successful in real estate. But once I made my first purchase all the jitters disappeared and I knew I could do it. I started out with buying one little old house. My next purchase was a slightly bigger old house. Eventually I worked my way up to buying condos/townhouses and then small multiplex apartments. Once I began to acquire more properties and units I knew it was time to up the ante and Lenoir Properties, LLC was born.
Now is a great time to invest in rental property! A combination of low home prices and low interest rates make this an incredible opportunity to become an investor.
Real estate investing has helped create more millionaires than any other form of investing. I am a living witness because “Buying Investment Property Made Me A Millionaire!”
Take a look at the chart below.
And how does the wealthy 1% get there money?
74% of the wealthy earn their money through small business and real estate investments
10% are professionals doctors and attorneys
10% are CEO’s
5% are salesperson
1% inherit the money or win the lottery.
What are your thoughts?
My advice is to buy some investment property if you TRULY want to build long lasting wealth for you or your family.
Whether you are looking for cash flow or rehab projects, try to expand your real estate portfolio by partnering with real estate professionals trained Broker/Broker-Salespersons educated on the finer elements of real estate investing.
Well if you are curious how I got started or bored and have some time check out my article called “Tips For Buying Your First Rental Property.” In this blog post I actually share a little bit about my first real estate investment purchase and also give some important tips for anyone considering buying their first rental property.
By The Way, Are Tired Of Paying On Your Mortgage?
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P.S. I’ll show you what the Banks DON’T want you to know… how to rapidly pay off your mortgage and other debts AND make $5000 a month in the process!CLICK HERE and let’s work together now!
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