A topic I’ve written about in one of my past columns is being revisited this month … the reason for my reflection on this topic is because a good friend of mine who once held a bountiful portfolio of investments (unfortunately, not assets) has recently lost his job and this tragedy has left him and his family in a very dire situation.  It hurts me to see dear ones in such financial trouble.  That is why I often remind myself of how lucky I am to have a wonderful family who supports me in what I am passionate about: real estate and creating financial freedom for our future!

 What does financial independence mean to you?  To me it means that I don’t have to count on someone else to give me a pay cheque and my standard of living is not dependent on how many hours I physically work at a job.  I love the fact that my assets provide income for me and my family every month.  This means I can spend more time with my family doing things we love to do together and also gives me the opportunity to do more deals and generate more money which ultimately, equates to time, something that is more precious than money itself.

 This is very important to me because I know that my assets will provide the peace of mind financially for my family.  I’ve seen too many people lose their jobs and can’t keep up with their monthly expenses, then eventually lose their house and suddenly drop below poverty line – as with this dear friend of mine.  This is the reason why I value passive income more than any other type of incomes.  We all want to take care of our loved ones in one way or another.  With passive income generated from real estate, we can do that financially and leave a legacy for our children.  This is my goal in life … is it yours too?

 At CE Properties, we know many ways where you can start generating passive income from real estate.  If you are interested in learning more, feel free to contact us today!