Investing in real estate and working in real estate are two different things. On today’s show, you’ll hear how to make the decision, and what you need to do if you’re ready to get to work.
On this episode of Investing in Real Estate, you’re going to learn about ten factors that make a rental market profitable and sustainable. We’re going to cover vacancy rates, job growth, appreciation, and much more.
On this episode you’ll learn:
- Why real estate is not a get rich quick scheme.
- What it takes to build a successful real estate business.
- The wrong way to invest.
- And more!
Why Real Estate Is Not a Get Rich Quick Scheme
It’s not hard to find a YouTube video or Instagram post promising a get rich quick scheme. Investing in real estate through buy and hold rentals is the number one way to build wealth. But let’s be honest–it’s a lot of work to put all of the right mechanisms in place.
What It Takes to Build a Successful Real Estate Business
If you’re going to build a successful real estate business, you’re going to have to build a team, get your hands dirty, and conduct extensive research. If your goal is to purchase rental properties that produce the highest ROI, there is a lot you need to learn. Creating passive income is not entirely passive. Keeping a healthy portfolio requires you to do your due diligence.
The Wrong Way to Invest
The truth is, most people do it wrong. You might instinctually think your best bet is to find a property on Zillow that’s close to home. Unfortunately, this can be one of the worst ways to invest. The best rental properties are not always in your backyard. You must consider multiple factors before diving into a rental market.
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
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