Investing in Real Estate

In san francisco, where we're filming, is it cost about a thousand to 15 hundred dollars per square foot to buy a piece of real estate in florida at the time. So what they would do is my parents would go and buy a property for 60 thousands dollars, rent at the next week for 600 dollars. Now that property rents for 15 hundred dollars or 16 hundred dollars. And every month, my parents own about 90 properties, single family homes, in duplexes, in florIDA. They'll generate about a hundred, 50 to 200 million dollars of just rent every month. That's really friendly from a tax perspective.