Dave Nimick: Real Estate as Part of Your Wealth-Building Plan Chicago Real Estate Perspective

In this episode, Dave discusses:

The upsides and downsides of real estate as an investment.
Similarities and differences between real estate versus stocks.
Landlord best practices.
Mindset of owning real estate investment property.



Key Takeaways:

Owning real estate helps to diversify your portfolio.
The longer you own a property, the more likely you are to see huge appreciation and greater passive income.
Real estate is a tangible entity in a way that stocks are not.
If a landlord keeps a property well maintained, the tenants will typically follow suit.



"You cannot live within a stock portfolio, but everyone needs a roof over their head, including you. Even if you're buying a property for investment, if you need a place to live at some point, you can live in your property." —  Dave Nimick



Connect with Dave Nimick:

Website: https://thenimickteam.com/

Email: dave@thenimickteam.com

YouTube: https://www.youtube.com/channel/UC4WqeMs62CL3T5P-w6ncqbQ/videos

LinkedIn: https://www.linkedin.com/in/davenimick/

Facebook: https://www.facebook.com/thenimickteam



Dave Nimick is owner of The Nimick Team, Inc. with Keller Williams Realty



Show notes by Podcastologist: Chelsea Taylor-Sturkie



Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.