I ventured into real estate after I have failed in several businesses and after two years experience I consider real estate as a generational wealth because of its passive income and cash flow. Having lived in Hong Kong, one of the most expensive cities in the world also motivated me to venture into real estate. And till tomorrow I don’t see myself leaving real estate for other business
Generational wealth represents assets passed down from one generation to the next. These assets can include real estate, stocks investment, a business or anything else which contains monetary value.”
In the beginning I didn’t have any regrets because I collaborated with the experienced people who actually taught me a lot. And I am still working with them as a team. The only regret I have had in terms of dealing in real estate is buying land at higher cost than the valuation price because of competition.”
“Real estate is a form of investments and business as well. Like I said early I see it as a generational wealth and the passive income and cash flow makes it a business. Investing in real estate does not require any particular entity, and some people even begin a real estate investment company simply in their own name as a sole proprietorship. Once you find financing and purchase your first property, you have the beginnings of a real estate investment company.