5min chapter

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Should You Buy A House? (Ep-13)

Capitalmind Podcast

CHAPTER

How to Buy a Portfolio for Renting Out

In Florida, for instance, who buy the entire condominian building. They don't actually sell them, they rent them out. Our people in india might not find that very exciting. It's financially unliable to buy portfolios for renting out. But there are sometimes distress sales where you can make a profit. You may even be able to get an offer of up to 40% on your property. So this is a business as i say, my ira needs to be 18%. In five years, I need to see this property double from forty to 80 per cent. And if it sells at a good price, a 50 laks or so, forget about what it used to

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