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$300 per month.
In 5 years, what will you have?
=> 1). $50,000 in cash, or,
=> 2). 1/4 acre land + $250,000 home + $1,500 rental income per month
Location: New York City to Florida
If you can't hear this, you're not alone. It simply compares:
1. $300 per month in a traditional 401k matching IRA savings
2. $300 per month land/property mortgage, direct from the owner/developer
In the first example, in 5 years, you accrue a maximum of $50,000, give or take.
In the second example, you own a 1/4 acre lot, with a $250,000 home, and $1,500 rental income per month.
Don't let your money just sit there and do nothing.
If you repeat this process 2 or 3 times in 10 or 15 years, you will own nearly $1.Million in land/property, with rental income of $3,000 - $5,000 per month.
Oh, and this land/property is extremely, highly valuable land/property, just 1 hour from Walt Disney World, Epcot Center, Daytona Beach Raceway, and Orlando Airport.
Are you still paying your landlord's mortgage?
You now have a choice.
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