2min chapter

My First Million cover image

#8 - Real Estate: How The Wassermans Do What They Do

My First Million

CHAPTER

Are You Getting a Check Every Quarter for These Investments?

i'm going to put another 500 thousand dollars into this property. We are going to renovate the property, meaning we're going to put a new kitchen, cabinets, new paint and do a whole package. And once we complete the renovations, the property is going to give you a cash on cash return of 68 dollars every year. That 68 dollars is going to be distributed to you every quarter, so every three months throughout the year. Yo, absolutely love it. I ot in a little f tat more than a hundred dollars, but i love getting six dollars every, 68 dollar every year in the property that i've invested.

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