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745: The MOST Underrated Way to Get Started in Real Estate in 2023

BiggerPockets Real Estate Podcast

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How to House Act in Your Market

If you buy a triplex in the Midwest, maybe your your mortgage on that's 1200 bucks, you're right now each side for 600. So if you go into a coastal market, you're probably not getting 100% of it paid for that. The person in LA who was paying 4800 for their rent and now only has to pay $1,000 is actually adding $3,400 to their to their wealth every single month. That is pretty much a hundred percent return on your money. Where else in 2023 can you get real estate where rents are going to go up every year and have a loan that you're paying off?

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