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5min chapter
How To and How Not To Invest in Real Estate (with Joseph Kahn and Yudi Goldfein)
Kosher Money
The Importance of Understanding Comps
It's really understanding comps. It's one of the hardest things to learn, but once you learn it, it's so important. Not every deal has to be a 35% IRR. If you looked at real estate deals, on average, they return about 8%. And there are plenty of guys who have done deals that are much better than that. There's a question for you: Where do you think 30 year olds walking around with $500,000 to invest will end up?
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