"My drive for buying real estate is my ambition and my passion. I want to achieve great financial success. Many people in my network, and typically my friends, they're OK with their W-2 status working a full-time job at a tech company. They're getting paid very decently, like myself. Someday, they'll take their 401(k) and retire happily. That's a good path. But I want to make a ton of money."
"After college, I had a chance to get into real estate. That was in the early 2000s in China. With my first experience, I was lucky and thought, "Oh, maybe that's the way it is." I happened to be able to make a ton of money from it, and then I sold it. I came to the US in 2001."
"In 2011, I bought my first single-family home in Campbell, California, near San Jose. I felt I needed a permanent address. That was the first home I bought in the Bay Area, and I kept accumulating equity. It's the best setup. If I can do it, anyone can. Timing is important. I was very lucky because I bought in 2011."
Connie Bai seeks to build a real-estate portfolio to generate passive income and achieve substantial financial success. The real-estate experience began in China in the early 2000s, producing significant gains and prompting migration to the United States in 2001. Bai bought her first Bay Area single-family home in Campbell in 2011 to establish a permanent address and accumulate equity. Timing mattered in that purchase, and Bai notes current interest rates make buying more painful now, though she believes long-term ownership remains advantageous. Bai works in tech, obtained a real-estate license, and aims to learn from past mistakes while expanding holdings.
Read at Business Insider
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