When people think about investing, they often think of stocks. Jasir Jilani is certainly no stranger to the stock market as his online program & Community Investor’s Club devotes much of himself to stock and currency trading.
He’s a twelve year veteran of the market since trading penny stocks as a freshman. However, he soon discovered that real estate was a key investment to his financial well-being, perhaps more so than any other type of investment. He discovered that when you want to drop the 9 through 5, focusing your wealth on it can be the right way to go.
Jilani bought his first house when he was 24 years old. He did this by taking and using FHA loans. The Federal Housing Administration issues these mortgages as a form of federal aid, and anyone who leaves college with a job in their field can get approved for a home with only around 3.5 percent less with these loans.
Jilani bought a home for his parents and several properties in the Albany area and began renting them out for a profit. All that cost was a residual income in his early 20s. A big part of his strategy was to invest in distressed areas as he could get cheap real estate and avoid sizable borrowing.
The rent you receive can be enormous in terms of financial security. If you’re making a thousand dollars per property per month and have three properties, that extra money can add up to a full salary over a year, in addition to where you are currently employed. If something should happen to you or you couldn’t work anymore, you suddenly have this huge parachute that can catch you when things go south.
Thanks to applications like AirBNB, it has also become even more lucrative to make money with these ventures. Now it’s easy to get cash for the real estate you own. Instead of finding a tenant, filling out the documents and completing the move-in process, you can rent out your property at short intervals with just a few taps on your smartphone. As the COVID pandemic comes to a hopeful conclusion, AirBNB has done more and more business, making this a viable alternative over the course of the year.
AirBNB has grown into a highly competitive market that requires careful design and maintenance guidance that Jilani can assist with from start to finish.
Jilani is by no means stopping you from other investment opportunities – he offers a number of passive investment programs that use Google Adsense, Home Remodeling On a Budget, and Blogging Income, among others. He is an avid trader and investor in the stock market and encourages you to become one too.
The foreign exchange market has recently been booming, and stocks have to rise too. How easy it can be to acquire real estate with a myriad of different loan options and how serious the returns can be in the long run can translate into better financial security in the long run than many other investment options. After diving into real estate, Jilani’s wife was able to flip the property she bought in just a thousand days for exponential returns. Real estate doesn’t have to be a grueling, decades-long process as you might think.
If you are unsure where to start, Jasir Jilani strives to assist everyone in their financial well-being. Its real estate programs, which range from 1: 1 courses to extensive renovation and rental income, all offered on InvestingBasics101.com, cover everything from the stock market to real estate investments. He and his team can share more information to help you overcome that fear and put money into the future today.
Published on April 3, 2021