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Before I dive into the four ways you can profit from real estate, I want to quickly touch on the difference between direct cash flow and phantom income, because real estate provides both types of income. What is cash flow and phantom cash flow?
Cash flow is money that flows directly into your pockets on a regular basis. This can be monthly, quarter, annually, etc., but it is realized income that is passive in nature. By passive income, I mean income that you do not have to work for. It comes automatically because your asset itself creates the income. This is one of the lowest taxed incomes, and extremely powerful for building wealth.
Phantom income is a new concept to many new investors, but it is a powerful way to build wealth. Phantom income is not direct cash flow, but it is "savings" that come to you through tax savings, time savings, etc., as well as the potential gains you might have in the future. I’ll explain more because in real estate there is one profit center that is cash flow based and three that are phantom income based.
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