Lessons learned from real estate investing:
1. Small investments can lead to big successes with time, even starting from little means.
2. Focus first on small, cash-flow positive properties before larger deals.
3. Real estate can provide hands-off income through property managers while being more stable than stocks.
4. Look for undervalued properties that can be sold for a profit.
Lessons learned from real estate investing:
1. Small investments can lead to big successes with time, even starting from little means.
2. Focus first on small, cash-flow positive properties before larger deals.
3. Real estate can provide hands-off income through property managers while being more stable than stocks.
4. Look for undervalued properties that can be sold for a profit.
Lessons learned from real estate investing:
1. Small investments can lead to big successes with time, even starting from little means.
2. Focus first on small, cash-flow positive properties before larger deals.
3. Real estate can provide hands-off income through property managers while being more stable than stocks.
4. Look for undervalued properties that can be sold for a profit.
Small Investments First, build for big investments Fuc! the stoc! mar!et Seriously, that shit is impossible to predict I li!e real estate " with a good property manager it's very hands"free and safe Only buy properties with +ve cashflow after all expenses are paid It can ta!e a lot longer to sell a property than you thin! " the property must be profitable anyway. #here are deals everywhere, you $ust need to find them Find %roperties which are &'()*+,L&)( Selling them for profit is how you get a leg"up into big investments If you see a good offer which re-uires no downpayment " .&Y I# /ith %roperties don't worry about CC* " you'll sell them before it comes to that anyway 0ust .uy ,ssets ,ccrue ,ssets If you can afford it, $ust do it #here are all !inds of si1es of property Literally from single 234 houses to huge apparment buildings ,ppartment buildings are good if they have their own in"house manager 5nce you start doing really well, businesses are great " the CC* means you often get your money bac! within 2 years, and the income is very good (on't be a silly fool with e6penses " !eep them low until you have lots of %assive Income )ven once you're doing well and have lots of cash on hand, if you see small investments just keep buying them 7et Insurance, because bad stuff happens .ad #enants, 'atural (istasters, whatever .e Insured
The Everything Guide to House Hacking: Your Step-by-Step Guide to: Financing a House Hack, Finding Ideal Properties and Tenants, Maximizing the Profitability of Your Property, Navigating the Real Estate Market, Avoiding Unnecessary Risk
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