Main Street Business #509 Build A Passive Income Empire With Rental Properties (Here's How)
Jun 25, 2024
36:53
In this episode of the Main Street Business Podcast, hosts Mark J. Kohler and Mat Sorensen unpack the secrets of building long-term wealth through rental real estate. Join them as they delve into real estate deal analysis, key performance indicators, cash flow, ROI, and other valuable insights.
Here are some of the highlights:
- Mark and Mat provide real-world examples taken from experience with 20,000 consults and various client scenarios.
- Mark and Mat discuss the importance of adding assets for small business owners and W-2 employees.
- How to properly analyze and determine which rental property to buy
- Reminder to consider other investment opportunities besides real estate.
- Significance of understanding the 'why' behind buying a rental.
- Overall ROI includes strategic advantage, cash flow, and appreciation.
- Different appreciation rates for residential vs. commercial properties.
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