On this episode of If Money Were Easy, Mary Beth Storjohann and Neela Hummel dive into the world of real estate and explore what it takes to become a real estate mogul. They share insight into the role real estate can play in a financial plan and how to maximize it. They address common myths about real estate investing, the benefits and risks of having real estate as part of your portfolio, the potential tax advantages, and how it can be leveraged to create generational wealth. They also explore the many misconceptions surrounding rental real estate, including that it's all passive income, and share why diversification is just as critical as weighing the pros and cons before taking the real estate leap. Whether you're a seasoned investor or just starting out, join in for valuable insights on how to navigate the mutli-faceted world of real estate investing!
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