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Hey Guys,
I missed you all. With your help I purchased my first home in April, but now what. I want to start building wealth, where I don't have to work a traditonal 9-6, job. I have a Real Estate Brokers License, 633-636-611 Credit scores, and a house. What now? What should I be doing to build personal wealth SOON"?
With your rela estate license...sell, sell, sell.
Teach real estate on the side at a community college or something
Take the money and invest it.....when you have it, come back here and we can provide options for investing to build wealth
Ok, so.. That's my plight, I work a full time 9-5. I can't sell right now due to that. You need to have sales to teach. I specically want to know what are ways to build wealth with what I have.
Pay down that loan, that in itself is wealth building. This is a very long term, life goal that will be achieved over many years/decades. To build weatlh, you save save save and what you do with that saving is going to build you up down or sideways depending on your actions. focus on saving for an emergency, then save for investing and come back as the op said and we will have input for your thoughts.
+1
Pay back the loan, the interest you save is a guranteed "return." And save, save, save save.