463: The Tortoise Versus The Hare Wins In Real Estate Investments

Despite the desire for short-term gains, the predicable wealth in Real Estate is built over the long term with quality assets and strong operators. In multifamily markets where employment and population trends are favorable, rents will continue to grow and the value of properties will increase substantially, especially in supply-constrained markets. Keith Wasserman, co-founder of Gelt Inc., buys properties with mostly 7-10 year fixed debt in western markets. Keith has amassed a portfolio of 5,000 units and has provided exemplary annual returns for his investors of over 20%. Kieth has also conducted many 1031 exchanges so investors can reinvest their money without immediate tax consequences.