Rentals Will Make You Rich
about 9 days ago.
Updated 5 months ago.
On this podcast episode I talk about buying turn key rental properties for passive income, cash flow and wealth creation.
I use some current examples of turn key section 8 rental properties that are managed by our office. I show you the numbers and returns on actual case study examples of turn key rental properties that we are marketing this week.
I break down Gross Income, Net Income, Cash on Cash Return, Return on Investment. Most of these properties have a 13% gross return on investment which translates into a 9% return after accounting for expenses.
I show you how you can leverage your return with the use of a mortgage and get as much as 20% return buying a turn key rental property with property management included. See the link that I mention on the podcast that shows the breakdown and returns on this turn key section 8 rental property: https://www.lexlevinrad.com/section8
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