080: Earned Income Vs Investment Income
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Description
Why the wealthy invest in Real Estate: ● Income - monthly checks ● Appreciation - This is tied to the job marketplace in the area. ● Depreciation - write down the value of the property to save ● Leverage - spent $1 get $3 - Use debt, but be extremely disciplined ● Tax Advantages That’s what we do at Cardone Capital. We go after big deals that pay every month and appreciate over time!
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Real Estate Investing podcast moved to Cardone Zone. All episodes in one place. Go to GrantCardone.com/podcast
Published 06/08/18
When do you start reinvesting money into a property? Here are 4 rules: #1 Never do the whole rehab #2 Do your worst case scenario #3 Look for 30% return or don’t do it #4 Leave something for the next guy Buying Multi-family is not buying real estate—it’s buying a business. Every dollar that...
Published 06/05/18
What are Mistakes Most People Make When Investing in Real Estate? #1 Not buying #2 Deal is To small (less than 16 units) #3 Doing single family deals #4 Taking too much debt #5 Bad Buying price #6 Buying unwanted deals #7 No direct cash flow #8 Moving out from your MARKET #9 Not Knowing your...
Published 03/26/18