Episode 025: The Timeline of Your Investing Journey & Introducing "Cash on Cash Return"
Auburn Investment Properties Podcast with Chris Kearns
English - October 27, 2020 15:00 - 51 minutes - 35.6 MBInvesting Business auburn real estate investing auburn football auburn university auburn alabama rental property rich dad poor dad Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
In this episode, we'll revisit the 3 ways to make money in Real Estate, and then take a look at the timeline for a typical Real Estate investor. We'll start at your first purchase and then your next purchase, and why it goes faster the second time around, and then we'll look further ahead and see where you might end up 5-10 years down the road when your role might change from "deal hunter" to "asset manager" or even the coordinator of a group of other investors.
Tips & Takeaways:
We'll look at how Warren Buffet makes a 50% return each year from just one of his investments, and how we can compare that to our returns as Real Estate Investors. We'll also look at the hidden metric of "Cash on Cash Return", which is often a better way to evaluate your Real Estate investments and especially how to find value in doing smart renovations.
3 Ways to Make Money in Real Estate:
Analyzing Your Cash on Cash Return:
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