Three Questions To Determine How Much Wealth You Can Build With A Rental Property


Three Questions To Determine How Much Wealth You Can Build With A Rental Property


“How much money can I earn?” is often the first question I get from people who are deciding whether to buy or turn their home into a rental property.

I’d argue that this is the wrong question to ask.

When you’re looking solely at how much money you’ll earn from a rental property, you’ll estimate how much you can charge for rent and how you can minimize property management expenses. These types of calculations are important, but they don’t offer a complete picture of how much value the property will create for you...

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RSK: Dave has the right attitude on owning income property...it is wealth not how much money. Don`t confuse the two.

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- - Volume: 7 - WEEK: 29 Date: 7/16/2019 5:58:52 AM -