How Appreciation Makes You Rich

Property in Colorado doubles every 10 years. So the idiot proof way to make $1 million is to buy $1 million worth of property and wait 10 years.

How Does This work?
Over the last 30 years, Colorado property has appreciated an average of 8% a year. As you can see, there are good years and bad years. Sometimes the market is hot and people are snatching up very average properties as fast as they can gobble. Sometimes the market is cold and you can’t give away your immaculate 4-unit. But it all averages out over time.

Okay, Why Real Estate?
It’s the same for a lot of assets. Stock and Bonds and Mutual Funds easily double every 10 years. So why is Real Estate such a great way to double your money? $1 million in stock requires approximately $1 million in cash. It’s the same with Mutual Funds and Money Market Accounts and everything else you’re interested in. But it doesn’t take $1 million in cash to buy $1 million in Real Estate, you can use the bank’s money.

So What Does it Take to Buy $1 million in Real Estate?
If you put down 20% it would take you $200,000.00. If you want to put down 10% it would only take $100,000.00. If you didn’t want to put down any cash, you could even finance 100% of your properties. How many properties could you buy? As many as you could find…

Appreciation is what makes Real Estate Investors rich, but you will become very poor if you buy and hold properties that cost you every month. That’s why we look very closely at monthly cashflow…