I’ve got a special treat for you today!
Here at Rich Retirement Letter, our job is to help you make the most of your retirement savings.
My ultimate goal is to help you secure your finances so you don’t have to worry about your money and you can focus on the really important things in life — like family, friends and the experiences you want to enjoy.
I have several friends who have successfully retired or are very close to retiring with plenty of income to pay for the things they’re looking forward to doing.
And as I meet with these friends and hear about their success, I find that more than half of them have something unique in common…
Most of my financially successful friends have built a significant portion of their wealth through owning real estate!
And as they look forward to retirement, the income they receive from their real estate will be a big part of what allows them to live a very Rich Retirement.
It’s inspiring to see how these friends have grown their wealth and how much income is in play.
And today, I wanted to help you get started by tapping into one of the easiest real estate plays you’ll ever find.
This play will not only start generating income for your nest egg right away. It’ll also help you grow your wealth as property prices move higher.
Let’s take a look at how this play works!
Owning Real Estate Without the Hassle
You may already know that I’m a landlord… but not a very good one.
Years ago when we were expecting our fourth child, I moved our family out of a small three-bedroom house into a house with a little more space.
After all, we needed more room for our growing family!
I kept the home we used to live in and decided to rent it out.
It was a good decision financially speaking. The house has appreciated over time and has generated a good bit of income.
But logistically it was a pain in the neck!
I have vivid memories of driving to the house in the middle of the night to light a pilot light on the furnace.
And I had more than one tenant fall on hard times and miss payments.
Of course, I was still responsible for my mortgage and for making sure the house was maintained.
Quite frankly, my empathy made me a bad landlord.
I let families stay rent-free for far longer than I probably should have and bent over backward to make sure my renters were happy — often at my own expense.
That’s why I never wanted to be like many of my friends who grew their wealth by owning several rental properties.
But the stock I’ll show you today allows you to grow your wealth through the lucrative real estate market — without all of the hassles of owning and maintaining actual properties!
Let me introduce you to Invitation Homes (INVH). It’s a real estate investment trust (or REIT) that owns and leases single-family homes across the United States.
INVH got its start during the financial crisis as part of the private equity firm The Blackstone Group.
With housing prices plummeting, Blackstone used its capital to scoop up foreclosed homes at pennies on the dollar.
Then it renovated the homes and rented them out to tenants to generate cash flow.
Today, INVH owns more than 71,000 homes. And more than 98% of these homes are occupied with rent-paying tenants.
Since Blackstone spun Invitation Homes off as its own publicly-traded company, you can now be a part-owner of this lucrative business simply by purchasing shares of INVH.
More Exposure to a Growing Industry
I’m particularly fond of INVH not just because of the homes the company already owns, but also because of the way INVH manages and grows its business.
On the growth side, INVH has been selectively adding homes to its portfolio, taking advantage of low interest rates and steadily rising home prices.
As home values continue to trend higher, the value of your shares of INVH will naturally increase.
After all, each share represents partial ownership in these homes that are worth more as property prices rise.
So on top of the rental income that INVH generates, the company’s assets are growing in value thanks to inflation in residential home prices.
At the same time, I’m impressed with how INVH is selling some of its homes to tenants.
INVH has a program designed to help its renters transition toward owning a homep. And this program is helping many families grow their wealth through homeownership.
So by investing in INVH, you’ll not only be tapping into the wealth-generating power of the real estate market. You’ll also be part of a company that’s helping other families become more financially secure as well!
It’s a win-win for us here at Rich Retirement Letter.
We’re collecting income and growing our wealth through our shares of INVH. And we’ll also be helping other families start building their wealth through homeownership.