Industrialist Andrew Carnegie believed in the power of real estate as an investment, stating that most millionaires made their fortune through property ownership. Following this advice, Jeff Bezos has backed Arrived, a fractional property investing platform, recognizing real estate as a top alternative investment.

Real estate stands out for its ability to generate cash flow through rental income, a significant source of wealth for many millionaires and billionaires. Whether owning corporate spaces or rental properties, real estate investments offer a lucrative passive income stream that grows over time.

Real estate not only produces income but also appreciates in value, often increasing by 1%-3% annually. This asset class helps grow your net worth over time and allows you to leverage the bank’s money to create significant returns on your capital investment.

Investing in real estate offers flexibility, allowing you to be an active property buyer or a passive investor while still receiving income. Real estate shares a low correlation with stock markets, making it an ideal way to diversify your investment portfolio and secure a steady income stream.

Diversifying across property types and cities within real estate allows for added stability in your investment portfolio. Regardless of currency fluctuations, the need for shelter, commercial spaces, and medical offices remains constant, ensuring a steady flow of income through rents.

You don’t need to be a millionaire to invest in real estate. By following the footsteps of wealthy individuals and diversifying your portfolio with real estate investments, you can build a recession-resistant, income-producing asset base.

Read more at Yahoo Finance: 6 Reasons Billionaires Like Bezos Love This Alternative Investment