Real estate has quietly built more millionaires than almost any other asset class, so “why isn’t everyone doing it?” I hear this question a lot when I show the projections for a building to investors interesting in partnering. When you demonstrate that a building has the potential to generate multiple times the regular markets, it’s hard to imagine anyone would invest in anything else.
"Real estate investing, even on a very small scale, remains a tried and true means of building an individual's cash flow and wealth."
— Robert Kiyosaki
So, why isn’t everyone doing it? The honest answer is that it can be very intimidating. Your first home purchase can be scary enough. Now imagine a scenario where you are buying a $7,000,000 building with 55 tenants and all the challenges that come along with that purchase. You also need investors that trust you with their money to provide the $2,000,000 for down payment and closing costs. And then there is years of managing the building performance to ensure it continues being a great asset. It’s a massive mind-set shift that most people aren’t willing to take on.