Real Estate Wealth Formula

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How to Live Off Rental Income: The Real Estate Wealth Formula

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52% Informative

If you can generate a 7% cash on cash return for rental properties, this is possible, I'll show you how to do that.

There are three steps that you have to understand to really succeed as a real estate investor.

And that is number one, understanding the location of where you're investing, # 2 understanding the property that you are investing in, and then # 3 understanding the numbers.

When investing in certain areas, particularly cities, what I like to look for is the populations in this city? Is the population in this neighborhood going up? Is it going down or is it staying sideways? Google has made finding this information super simple.

And I want to be investing in a neighborhood or a city where more and more people want to live.

The types of returns that's going to make sense for you are going to vary based on the location.

Certain locations like Manhattan and Los Angeles will have lower rates of return than Indiana .

If you want to see the higher rates of returns, you got to look at the more distressed properties.

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informal

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English

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