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#991 Keith Wasserman on Buying Billions Of Dollars Of Real Estate

The Pomp Podcast

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Investing in Real Estate

Angel investments are capital preservation. I never want to take a permanent loss of capital in the game of compounding. It kills your returns by having that permanent loss, right? So instead of hitting a 15 i r r, i'd be happy with a 14 i r r. And just consistently not ever having a zero. You don't want to. V c in real estate, it's like, you know, over ten years, three x, four x, maybe five x, if you bought an o nine. Some buildings could be a ten x with cash flow and equity appreciation,. which a lot of people don't understand, using depreciation and the ability to ten 31 exchange.

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