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742: How to Achieve Financial Freedom Through Real Estate in 4 Steps
BiggerPockets Real Estate Podcast
Rent to Income Ratio - What You Need to Know
The metrics that I'm about to show you work well, both for long distance and local investing. The first one is called the rent income ratio. And this is super easy to calculate. All you have to do is take the annual rent for given area. It's probably going to be a market that has abundant deals with cash flow. But as an investor, it's your job to find the deals that are better than that average - which we'll talk about in three or four steps.
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