Holding assets like real estate through leasing rather than selling creates generational wealth, as selling during unfavorable market conditions destroys long-term equity value; the current market presents an ideal opportunity to acquire assets rather than liquidate them.
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Deep Dive
Why You Should Never Sell Your HomeHinzugefügt:
If you follow me on social media, you'll see most of my social media, there's a picture of a black Mercedes. That's my driver, daily driver. The license plate says never sell.
Kind of tells you where I where I fall [clears throat] on the subject.
Anyway, so they're going to be closing on their new home at the end of this month.
And then what happens is we're going to have that home listed for lease, and that's how you create generational wealth.
It's a horrible time to sell, but it's an excellent time to buy.
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