Any property is going to have returns in two ways. One way is price appreciation, which is growth in the value of the asset. The other way is the dividend quote unquote or income stream that comes from that property. By running a comparison of those two return projections, you can calculate which one you expect to be a better use of money.
#455: Yvette recently retired with the goal of reaching a $10,000 monthly income from her real estate investments. Should she put her money toward debt payoff or portfolio expansion?
Carly wants to buy a second home and convert her current home to a rental. What are the pros and cons of tapping into existing equity versus saving cash for a down payment?
An anonymous caller plans to move back to her touristy hometown in six to seven years. Is it smart to buy something now and take advantage of a thriving Airbnb market?
I tackle these three questions in today’s episode.
Enjoy!
P.S. Got a question? Leave it at https://affordanything.com/voicemail
For more information, visit the show notes at https://affordanything.com/episode455
Learn more about your ad choices. Visit podcastchoices.com/adchoices