It's Worth More Than Money
The non-monetary return only real estate provides
Welcome to this week’s issue The Un-Normal Investor. Each week, I publish one 5-minute read that’s written to make you a smarter real estate investor.
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We hear about the financial benefits of real estate investing like a broken record.
But nobody talks about the non-monetary gains.
Our timelines, feeds, and podcasts loop the same song:
Real estate gives you financial freedom . . .
Real estate creates generational wealth. . .
Real estate unlocks the dream lifestyle. . .
All of these things are true.
But there are 3 specific intangibles that come along with owning properties that truly make it worth the investment.
They’re the perks that can’t be penciled on paper, but provide outsized return.
1. Mental Clarity
Next to food, shelter is the foundation of our human basic needs.
You can’t even concentrate when you don’t know where your next meal will come from.
You can’t think straight when you don’t know where you’re going to lay your head at night.
Nothing else matters when either of these two things aren’t solidly squared away.
Ownership solves the biggest piece of life’s puzzle.
Whether you own just one property for you and your family to live in, or you have 10 rentals to choose from, you never have to worry about: being priced out of your place because the landlord decides to raise rents, or having to relocate because your home is being sold.
Homeownership affords you the comfort of knowing you’ll always have a place to stay.
It gives you the peace of mind that we all need.
2. Newfound Confidence
Before shooting for the stars, most of us need to know that we have a nice cushiony cloud to fall back on. Real estate is that cloud.
It’s the safety blanket that gives you the confidence to take risk and pursue your off-the-beaten-path aspirations. Whether it’s pulling the trigger on that side hustle you’ve been tinkering with, or launching the next unicorn, you’re covered—both literally and figuratively.
Even if none of your entrepreneurial endeavors pan out, with just one property under your belt, you’ll never be without a home. With multiple doors in your portfolio, you have an evergreen flow of rental income that will fund your retirement and send your kids to college some day.
Real estate unlocks the cages of our mind that keep us from chasing our dreams.
3. Self-Worth
The social impact that comes with being a housing provider is invaluable.
Last year over 750,000 men, women, and children went without shelter. Even if it’s just one family, putting a roof over someone’s head is life changing.
Aside from the difference it makes in other’s lives, it’s equally self-serving.
Every upright citizen has the innate urge to be of value. I can’t think of a better way to check off this box.
Providing quality housing is undoubtedly one of the greatest ways that we can be a small part of the solution, and contribute to the improvement of our communities.
Nothing I’ve listed above, shows up at the bottom of an operating statement.
Peace of mind, financial security, social impact—none of them are a line in an Excel spreadsheet.
These are the profits that can’t be measured in dollars.
But ironically, they provide the absolute best return on investment.
Don’t let the non-monetary benefits that come along with owning real estate be overshadowed by the financial gains.
What’s your take on today’s topic? Do you agree, disagree, or is there something I missed?
If you enjoyed this read, please share it so others can gain value as well.
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