By: Kito J. Johnson
I have always been passionate about real estate. I remember, as a teenager, I’d drive through subdivisions to look at the houses and walk through new construction properties to admire the architecture, noting the quality of construction. Since then, I’ve done a number of different things throughout my life, but somehow I’ve always been led back to real estate.
When I was 20, I acquired my first home. Not long after doing so, I surfed upon an episode of Oprah to find Robert Kiyosaki sitting on her couch. He had recently written a book entitled Rich Dad, Poor Dad. It caught my attention immediately. I purchased the book and read it from cover to cover thinking, “Hmmm, this is interesting, I think I might be able to do this.”
Before reading the book, becoming an investor hadn’t even crossed my mind, let alone becoming a licensed broker. Armed with a new thought process, I purchased another home and continued to apply the principles I had learned over the next few years. Fast forward to 2008, I had amassed a portfolio of 17 properties. It was amazing to discover my passion as I implemented simple wealth building strategies to create an income from multiple channels.
Generational wealth is an important passion of mine. Creating a means that will outlive you and leave a legacy for your children’s children is something I find fulfillment in teaching to others. With the right tools, you have the power to change the game for your family and build wealth for your children. Having said that, I believe real estate investing is a GAME CHANGER, for the following three reasons:
Everybody Needs It
Real estate is a passion of mine because, it’s true. It’s the one thing that everybody needs, no matter who you are. The reality is that you’re either staying in your own investment or you’re staying in what represents an investment for somebody else. Everybody needs a place to stay.
God’s Not Making Any More of It
Real estate is a resource that is constant. While the population is always growing, the land area is never increasing.
Even from a biblical perspective, the original promise to Abraham and his seed was that they would inherit a land. The children of Israel sought to possess a singular promise— to inherit land. Our inheritance includes the acquisition and control of real estate.
You Can Own It While Somebody Else Pays For it
Real estate as an investment is the one thing that you can own while somebody else pays for it over time. As you rent it out, your accumulated wealth grows while the property appreciates in value.
Moreover, you can leverage other people’s money to acquire it. It is very possible that with little to no money, good or not so great credit, and with little personal time, you can apply principles sure to increase your net worth.
Knowing the right tools and strategies to real estate investing opened up profitable channels and continues to work for me. It’s the vehicle to create something sustainable that will outlive us and serve our family for generations to come.
BMWK, are you ready to change the game financially for generations to come? Click here to download a FREE resource from the author – How Much House Can I Flip?
About the Author: Kito J. Johnson is an accomplished real estate broker who specializes in teaching others how to create generational wealth through principles of real estate investing and entrepreneurship. A licensed broker in four states, his stellar 20-year career boasts over 1,000 real estate transactions. A master networker and CEO of Atlanta-based brokerage, Buy N Sell, Inc., Kito has been dubbed “the guy to know” in circles ranging from community leaders to elite investors.
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