188: How To Run Your Property's Numbers, Power Of Live Events with Inaky Strick

Jun 27, 2018

43:48

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#188: Learn to run the numbers step-by-step on a real income property and determine your ROI on 1502 Merrycrest Drive in Memphis, TN.

We discuss how to create your own economy. It depends on YOU, not the national government or the local economy.

Your income property is merely a widget that secures an income stream.

Many people self-manage and have no margin for professional management. You often get a better return passively than they do actively.

Why pin your hopes on compound interest? Consider compound cash flows.

Inaky Strick joins us to tell you what he’s learned from attending elite live events.

Want more wealth?

1) Grab my free E-book and Newsletter at: GetRichEducation.com/Book

2) Actionable turnkey real estate investing opportunity: GREturnkey.com

3) Read my new, best-selling paperback: getbook.at/7moneymyths

Listen to this week’s show and learn:

01:02 How to create your own economy.

05:23 Your income property is merely a widget that secures an income stream.

06:54 We run step-by-step numbers on 1502 Merrycrest Drive, Memphis, TN and determine your cash-on-cash return.

14:14 Real estate math is simple.

15:20 Total ROI calculated with the “5 Ways” you’re paid.

19:52 Why I don’t consider “instant equity” as a sixth way you’re paid.

21:17 Compound cash flows.

25:40 Inaky Strick tells us what he’s learned from attending live investing events.

34:25 How Inaky affords going to all these events.

39:35 Your self-belief.

Resources Mentioned: