There'is a distinction between fina media and financial advice. Financial media includes everything that you read on the inner net, here on a podcast, see on social media that relates to finance. Never use the financial media as a substitute for actual professional advice. You're listening to the afford anything podcast with our new first friday special presentation, invest anywhere.
#373: How do people make money in real estate?
Many focus on rental income, but this is only one of five ways that properties create wealth.
We explain five surprising ways that real estate builds your balance sheet: cash flow, appreciation (market-based and forced), tax benefits, principal paydown, and instant equity at closing.
Why does this matter for long-distance investors?
If you’re investing out-of-state, you’ll need to choose a city or town. How do you decide? First, think about how you want to bias your returns. Do you want to optimize for cash flow? More appreciation potential? Identifying this will help you align your city/town selection with your financial goals.
If you’ve been thinking about investing in real estate – especially if you might invest long-distance – you’ll love this episode.
Enjoy!
For more information, visit the show notes at https://affordanything.com/episode373
Learn more about your ad choices. Visit podcastchoices.com/adchoices