A short spoken segment arguing that real estate is a reliable way to build long-term wealth but not a quick-income vehicle. The speaker explains the typical deal cycle—buy, renovate, tenant—before revenue is realized and emphasizes that larger vehicles (funds, syndications, apartments, self-storage) operate on longer multi-year horizons (roughly three-, five- and seven-year cycles).
Real estate we strongly believe is the way to build long term wealth. It is not overnight, it is not something we are just actually talking about income streams and we're like quite frankly until this year we haven't had one company that brought us money like that. Like there was no company that said hey as soon as somebody invests, as soon as somebody buys something we're actually going to make money. We always have to buy a house, renovate a house, tenant a house then finally make money. So once we start something there's a full cycle before we bring in revenue. So it takes work. Work. Yeah, yeah a lot of work and you don't see the fruits of your labor for quite a while. And when it comes to funds and syndications and apartments and self storage and all of these things that we've been getting into it takes even longer. That's more like a three, five and seven year cycle.
Physicians and High Earners — What Real Estate Can and Can't Do for Your Taxes
