AIE 129: #WealthWednesday: Out of State AND COUNTRY Real Estate Investing
Adulting Is Easy: Making Personal Finance & Real Estate Easy
English - September 02, 2022 19:22 - 1 hour - 62.7 MB - ★★★★ - 7 ratingsSelf-Improvement Education Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
This week, Stephen Wealthy, Clint Murphy, Tom the Frugal Gay, and Lauren (Adulting Is Easy) brought guest Paul on to tell us about his recent turnkey real estate investment in Ohio. We talked metrics, like the 1% rule and cash on cash return. The group discussed financing, LLCs, down payment, the wire transfer, and cash flow. Paul told us how he's going to use leverage to scale up using a refinance. He told us about building a team long distance. Of course, Tom had a lot to share as well, as he has 7 doors in Dallas and 14 in Toledo, Ohio. And finally, Paul told us about his lessons learned and what he'd do differently next time.
Suggested Book: Long Distance Real Estate Investing by David Greene
Connect:
https://twitter.com/IAmClintMurphy
https://twitter.com/Thefrugalgay11
https://twitter.com/AdultingIsEasy
https://twitter.com/StephenCFU_
https://twitter.com/Brittonnorth
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