Graham Stephan
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Podcast Appearances
Real estate, it's so much harder than stocks.
The stock market every second of the day, you know what it's worth.
Real estate is inefficient.
You can, if you work long enough and you make enough offers, you can make hundreds of thousands of dollars the day you close.
My guess is it will take between eight and 10 years to get back to normal.
Do you think people are better off buying a house today than renting?
Hey, everybody, you don't have to buy a home.
You don't have to.
It's not written down anywhere in law.
But if you want to get wealthy, you have to own assets.
And the best way to do that is to find a seller who is motivated.
So what's the secret to financial independence then?
You know what the three-step process to get wealthy is?
It's been a hundred years this has been true.
You want it?
We have about 167 units because we just sold a duplex last week and about $25 million in total value.
And how much debt do you have?
Just over $9 million.
The worst month we had last year was $40,000.
Our average is about 52, and the best month was 60.