The idea to build a legacy by owning real estate can be an overwhelming concept for some people. There are so many questions to answer, and it can be difficult to find the right path for you, your family, and the generations to come. There are an abundance of roadmaps and guides that talk about building wealth and owning real estate. However, when it comes down to it, if you don’t have a clear reason for doing so, they are merely words on a piece of paper.

In this article, I would like to touch on how to discover your why and going beyond the notion of just leaving a legacy. What do you hope your legacy will accomplish? We’ll talk about some fears people have when it comes to owning real estate, and finally the long-term benefits.

DISCOVERING YOUR WHY (BUT WHY?)

So we’ve all heard these three words before. It seems to be used in instances where you’re about to be offered some great methodology or product that will change your life. However, while it is a valid thought in most cases, it is typically for personal growth. We’re going to take it a step further.

Why would you want to build a legacy and leave it for future generations? And why should you do this through owning real estate?

Now, what we’re not going to do is romanticize the ability to leave some money for the next generation. Yes, it is a wonderful feeling knowing you are providing, but there are specific reasons for doing so including:

💎 Setting a foundation for future generational wealth

💎 Providing for the cost of higher education

💎 Eliminating the financial barriers you may have faced

💎 Giving your future generations the power and ability to make their own decisions

Now, more than ever, we are witnessing how little control we have over the economy, freedoms, and keeping our families safe. Building wealth through homeownership, is a viable option for protecting your future generations.