How Important Is Recurring Revenue?

In real estate, that would be our cap rate, right? Yeah, exactly, right. And to your point, all businesses are very much the same. Maybe you built a multifamily apartment complex and you've created it from scratch and your cap rate or the money you're earning on your investment works out to being 10% but you can sell for a cap rate of six,. You know, so then or let's say five again, you know, and then you've got to double it..."It's just not that it's not that hard," he says. "I mean, I mean, you've got what you're making."