Nurturing income, income and income. That should be a right mindset for the long term. Defocusing on capital gain has a lot of psychological benefit because it’s the only view that can liberate you from the trap of capital gain. Capital gain is bound to be short-sighted. If one focuses too much on cap gain, he or she would lose sight of the grandier outcome. This grandier outcome of 100% income is what fundamentally differentiate a real property asset from a liguid stock asset. I lament the fact that most posts that tried to compare RE and stock market failed to even mention this. That’s how lost the general public is toward the essence of real property investment.

One would inevitably ask this question: If I focus on income, I may run the risk of capital gain opportunities. No, you won’t, because while acting on nurturing your income potential, capital gain will never escape you. Capital gain is a welcoming bonus. Over the long term, like the NYC lady of 25 years of owning 3 brownstones, she has reaped the greatest benefit of capital gain over this long period. Quite interestingly, it’s her INCOME mindset earned her both 100% income (mortgage all paid off on all her 3 brownstones) and more than 10 multiple appreciation in cap gain.