Want To Make Money In Real Estate?

12 of the best articles from Building Arks to start you on your wealth-building journey through ownership of real assets (updated May 2022).

Photo by Pixabay from Pexels

I purchased my first house in 2007 a few years after I started working — it was the cheapest house in a good neighborhood and all that I could afford at the time. When I moved for work a couple of years later, we decided to keep it and rent it out in case we ever moved back to that city. We did the same with the next house on a subsequent. That was my accidental start as a landlord.

It worked so well that we started saving and buying more houses as investment properties.

We now own a portfolio of seven single-family rentals and one commercial building (with a partner). This portfolio now produces $2,700 per month in passive income, and on the houses alone I’ve increased my equity by over $1 million with compounded annual growth rates north of 20% across the portfolio. I don’t say this to brag but to give you some insight into the power of the simple single-family rental to build wealth.

Of course, like with all investing, you need to know what you are doing as these results don’t happen by accident. To that end, I…