Owning rental property can be a powerful way to build long-term wealth, generate passive income, and diversify your investment portfolio.

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Real estate is one of the largest sources of equity, both in the United States and elsewhere around the world. The real estate market, as a whole, is worth trillions of dollars.

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“Buy and hold” is the classic method of investing in real estate. There are many other strategies, such as fix-and-flip. But the value of real estate, ultimately, is in its capacity to generate income.

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